Seven Ontario cleantech projects receive funding
February 20, 2015 - The federal government plans to funnel over $26.8 million into seven clean technology projects in Ontario, announced Canada’s Natural Resources minister.
February 20, 2015 By Renée Francoeur
The funding is made possible from the government’s earlier investment into Sustainable Development Technology Canada’s (SDTC) SD Tech Fund through Canada’s Economic Action Plan.
The SD Tech Fund supports projects that address climate change, air quality, clean water and clean soil, providing solutions to Canadian industries that increase efficiency and enhance environmental responsibility.
OTI Lumionics in Toronto will receive $5,700,000 to implement a pilot production line capable of producing high volumes of organic light-emitting diode (OLED) lighting panels.
Ottawa’s Ranovus Inc. will see a boost of $4,250,000 for commercializing technology that streamlines data through data centres reducing energy consumption four-fold.
“The Internet has become an integral part of our society with growth in mobility, social networking and cloud computing. Data centres play a pivotal role in providing instantaneous service to meet our everyday demand and, in the process, leave behind a very large carbon footprint,” said Hamid Arabzadeh, Ranovus CEO. “The energy required for data centres accounts for 2% of the world’s electricity consumption and growing. The support of the Government of Canada and SDTC will enable RANOVUS to build a world-class Canadian capability to tackle the energy efficiency of data centres around the world.”
Additionally, GaN Systems in Ottawa will receive $2,188,000 to maximize the efficiency of electric vehicle chargers connecting to the power grid, reducing wasted heat and cutting power losses while batteries charge.
Polar Sapphire in Mississauga will receive $2,650,000 for an energy-efficient process to produce high-purity alumina, used in the production of synthetic sapphire.
Ionada in Concord will receive $1,100,000 to produce a cost-effective, energy-efficient marine scrubber to remove sulphur oxides from ship exhaust.
Earlier this month SDTC also announced that the SD Tech and Natural Gas Funds have re-opened to new applications from the next wave of clean technology entrepreneurs.
PHOTO: Natural Resources Minister Greg Rickford (6th from left) announced over $26.8 million in funding to support the development of seven clean technology projects across Ontario on February 20 in Toronto. Representatives of these seven companies join Rickford. (Photo Natural Resources Canada.)
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