Welcome!

News Feed Item

Harper Government Announces New Investments in Clean Energy Technology, Jobs and Innovation in Ontario

WATERLOO, ONTARIO -- (Marketwired) -- 06/23/14 -- Natural Resources Canada

The Honourable Greg Rickford, Canada's Minister of Natural Resources and Minister for the Federal Development Initiative for Northern Ontario, and Jim Balsillie, Chair of Sustainable Development Technology Canada, today announced almost $10 million in new investments for five Ontario projects under Sustainable Development Technology Canada's SD Tech Fund.

The SD Tech Fund supports projects that address climate change, air quality, clean water and clean soil, providing solutions to key Canadian industries that increase efficiency and enhance environmental responsibility.

These investments support jobs furthering the research, development and demonstration of innovative clean energy technologies across Ontario. With global clean technology demand estimated to grow from $1.1 trillion in 2012 to $2.5 trillion by 2022, international markets will create enormous potential for Canada's clean technology industry. Today's investments will help advance four new clean energy technologies from concept to commercialization. Funding to SDTC for some of these projects is subject to Treasury Board approval.

--  Ubiquity Solar Inc. in Waterloo will receive more than $3 million for
    its solar power technology;

--  GreenMantra Technologies in Brantford will receive $2 million for
    plastics recycling;

--  Electro Kinetic Solutions in Toronto will receive over $2 million for
    tailing ponds remediation;

--  Morgan Solar in Toronto will receive in excess of $2 million for solar
    panel technology; and

--  Cleeve Technology Inc. in Oshawa will receive $710,000 for de-coating
    technology for aircraft maintenance.


The announcement followed the conclusion of an energy innovation roundtable hosted by Natural Resources Canada. Today was the sixth in a series of discussions looking at energy innovation across our country. The roundtables engaged leading stakeholders from industry, academia, the financial community, and non-governmental organizations to share their perspectives on solutions for improving Canada's competitiveness in energy innovation.

The Government of Canada will use the results of the roundtable discussions as a guide to inform means to collaborate and coordinate with private and public sector groups interested in advancing energy innovation in Canada.

Today's announcement follows the one made by Prime Minister Stephen Harper on June 20th in Waterloo. The Prime Minister announced last week the organizations that have been chosen to advance in the selection process for the Canada Accelerator and Incubator Program (CAIP), which is designed to help outstanding small- and medium-sized Canadian enterprises to grow, prosper and create jobs. Business accelerators and incubators provide innovative, early-stage entrepreneurs with resources, facilities and expertise to help them develop their business plans and seek follow-on financing.

Quick Facts

--  Sustainable Development Technology Canada's SD Tech Fund™ has
    supported 269 projects from $684 million allocated by the federal
    government.

--  Fifty-seven of SDTC's more mature companies have received $2.5 billion
    in follow-on financing as of December 2013, meaning that for every
    dollar invested by Canada in these companies the marketplace has
    responded with fourteen dollars of private capital.

--  63% of Canada's electricity generation is from renewable sources - first
    in the G7.

--  Canada was ranked second, along with the UK, in energy efficiency
    improvements between 1990 and 2010, and ranks fifth among International
    Energy Agency countries in public expenditures on energy research,
    development and demonstration as percentage of GDP.

--  In 2012, greenhouse gas emissions were 5.1% lower than 2005 levels,
    while the economy grew by 10.6% in the same period. Per capita emissions
    have fallen to their lowest level since tracking began.

--  The global demand for energy is expected to grow by about one third over
    the next 25 years.


Quotes

"The investments announced today demonstrate our government's commitment to environmental stewardship and creating high quality jobs in Ontario. By supporting advanced research and technology, our government is investing in Canadian prosperity and a cleaner environment."

Greg Rickford,Canada's Minister of Natural Resources and Minister for the Federal Development Initiative for Northern Ontario

"Clean technologies are helping us make the most efficient use of our resources, bringing down operating costs, creating value-added jobs and minimizing environmental impacts in the Canadian economy. The projects announced today are prime examples of how SDTC's investments are assisting small and medium-sized Canadian companies gain the traction they need to move toward the forefront of the global cleantech sector. "

Jim Balsillie, Chair of Sustainable Development Technology Canada (SDTC)

QUOTES FOR ORGANIZATIONS RECEIVING FUNDING

"We are very pleased with the $3.1M of support from SDTC to help fund our $10.9 million demonstration pilot plant project. This project leverages Canada's strengths in natural resources, advanced materials processing and automation, and is expected to create over 500 export-focused jobs over the next five years in Canada. We expect that as the shift to clean distributed solar energy accelerates, PV cells using our technology will become ubiquitous."

Ian MacLellan, President and CEO, Ubiquity Solar Inc

"GreenMantra is very thankful for the support from SDTC. With funding ready to go, we're eager to showcase the capabilities of GreenMantra's technology and become the industry's leading supplier of environmentally friendly waxes."

Tim Haig, President and CEO, GreenMantra Technologies

"Aircraft paint can be an extreme environmental hazard when removed by chemical or abrasive means. The funding announced today will allow Cleeve Technologies, through their BRIC division, to bring to market the Robotic Laser Decoating System (RLDS), which removes airplane coatings, as required by periodic maintenance inspection and repair, safely, speedily and without damage to the aircraft. It's a move that opens up significant new markets for Cleeve Technologies, and we are grateful for the support of SDTC."

Paul Church, Owner and President, Cleeve Technology Inc

"The SDTC is recognized the world over as one of the most successful cleantech funding programs in the world, and Morgan Solar is proud to be a recipient of SDTC funding for the second time. By focusing on projects with concrete metrics, the SDTC balances funding innovation with delivering results, and we look forward to developing our demonstration project with their support."

Nicolas Morgan, VP, Business Development, Morgan Solar

"This funding will be used to continue our research into a new approach to treating tailings from the Alberta oil sands. The technology has the potential to allow oil sands tailings to be treated more quickly and cost-effectively. It also offers a more sustainable approach to tailings management, serving as an enabling technology for reclaiming lands affected by oil sands development and reducing the need for long-term tailings storage. We are proud to have been selected to receive SDTC support."

Jim Micak, CEO, Electro Kinetic Solutions

Associated Links

Energy Innovation Roundtables

SDTC - Ontario Projects

Follow us on Twitter: @NRCan (http://twitter.com/nrcan)

NRCan's news releases and backgrounders are available at www.nrcan.gc.ca/media

Contacts:
Media may contact:
Alexandra Lemieux
Press Secretary
Office of the Minister of Natural Resources
613-996-2007

Media Relations
Natural Resources Canada, Ottawa
613-992-4447

The general public may contact:
Mon.-Fri., 8:30 a.m.-4:30 p.m. EDT
Telephone: 613-995-0947
TTY: 613-996-4397
(teletype for the hearing-impaired)
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
"Storpool does only block-level storage so we do one thing extremely well. The growth in data is what drives the move to software-defined technologies in general and software-defined storage," explained Boyan Ivanov, CEO and co-founder at StorPool, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...