Raveel Afzaal — SPARQNOW

At-a-Glance

President & CEO at Next Hydrogen, a manufacturer of alkaline water electrolyzers for low-cost green hydrogen.
Led Next Hydrogen from an early-stage technology developer to commercial scale deployment.
Next Hydrogen's platform began powering Ontario's largest on-site hydrogen fueling station in August 2025.
Spent over a decade in equity research, most recently leading Canaccord Genuity's Canadian sustainability and special situations coverage.
Worked in cleantech growth equity at XPV Water Partners.
Holds a CFA charter.
Earned a Bachelor of Mathematics and an Honours BA in Economics (finance) from the University of Waterloo.

Biography

Raveel Afzaal serves as the President & CEO of Next Hydrogen, a company specializing in the manufacture of alkaline water electrolyzers for low-cost green hydrogen. Under his leadership, Next Hydrogen has transitioned from an early-stage technology developer to achieving commercial scale deployment. In August 2025, the company's platform commenced operations, powering Ontario's largest on-site hydrogen fueling station at a customer site.