Click here to close now.

SYS-CON MEDIA Authors: Bob Gourley, Mike Kavis, Elizabeth White, John Treadway, SmartBear Blog

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(TM) 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

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
Health care systems across the globe are under enormous strain, as facilities reach capacity and costs continue to rise. M2M and the Internet of Things have the potential to transform the industry through connected health solutions that can make care more efficient while reducing costs. In fact, Vodafone's annual M2M Barometer Report forecasts M2M applications rising to 57 percent in health care and life sciences by 2016. Lively is one of Vodafone's health care partners, whose solutions enable o...
Dave will share his insights on how Internet of Things for Enterprises are transforming and making more productive and efficient operations and maintenance (O&M) procedures in the cleantech industry and beyond. Speaker Bio: Dave Landa is chief operating officer of Cybozu Corp (kintone US). Based in the San Francisco Bay Area, Dave has been on the forefront of the Cloud revolution driving strategic business development on the executive teams of multiple leading Software as a Services (SaaS) ap...
SYS-CON Events announced today that Vicom Computer Services, Inc., a provider of technology and service solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. They are located at booth #427. Vicom Computer Services, Inc. is a progressive leader in the technology industry for over 30 years. Headquartered in the NY Metropolitan area. Vicom provides products and services based on today’s requirements...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the...
What exactly is a cognitive application? In her session at 16th Cloud Expo, Ashley Hathaway, Product Manager at IBM Watson, will look at the services being offered by the IBM Watson Developer Cloud and what that means for developers and Big Data. She'll explore how IBM Watson and its partnerships will continue to grow and help define what it means to be a cognitive service, as well as take a look at the offerings on Bluemix. She will also check out how Watson and the Alchemy API team up to off...
The IoT Bootcamp is coming to Cloud Expo | @ThingsExpo on June 9-10 at the Javits Center in New York. Instructor. Registration is now available at http://iotbootcamp.sys-con.com/ Instructor Janakiram MSV previously taught the famously successful Multi-Cloud Bootcamp at Cloud Expo | @ThingsExpo in November in Santa Clara. Now he is expanding the focus to Janakiram is the founder and CTO of Get Cloud Ready Consulting, a niche Cloud Migration and Cloud Operations firm that recently got acquir...
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
How do you securely enable access to your applications in AWS without exposing any attack surfaces? The answer is usually very complicated because application environments morph over time in response to growing requirements from your employee base, your partners and your customers. In his session at 16th Cloud Expo, Haseeb Budhani, CEO and Co-founder of Soha, will share five common approaches that DevOps teams follow to secure access to applications deployed in AWS, Azure, etc., and the frict...
SYS-CON Media announced today that John Treadway’s blog has exceeded 475,000 page views. John Treadway, Vice President at Cloud Technology Partners, has surpassed 475,000 page views on the SYS-CON family of online magazines, which includes Cloud Computing Journal, Internet of Things Journal, Big Data Journal, Microservices Journal, and several others. His blog home page at SYS-CON can be found at JohnTreadway.SYS-CON.com.
SYS-CON Events announced today that Column Technologies, a global technology solutions company, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Established in 1998, Column Technologies is a leader in application performance and infrastructure management for commercial and federal markets. The company is headquartered in the United States, with a diverse and talented team of more than 350 employees around th...
ProfitBricks has launched its new DevOps Central and REST API, along with support for three multi-cloud libraries and a Python SDK. This, combined with its already existing SOAP API and its new RESTful API, moves ProfitBricks into a position to better serve the DevOps community and provide the ability to automate cloud infrastructure in a multi-cloud world. Following this momentum, ProfitBricks has also introduced several libraries that enable developers to use their favorite language to code ...
SYS-CON Events announced today that Blue Box has been named “Bronze Sponsor” of SYS-CON's DevOps Summit New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Blue Box delivers Private Cloud as a Service (PCaaS) to a worldwide customer base. Built on a technology platform leveraging decades of operational expertise in cloud and distributed systems, Blue Box Cloud is a managed private cloud product available in both hosted and on-prem versions. Each Blue Box ...
SYS-CON Events announced today Sematext Group, Inc., a Brooklyn-based Performance Monitoring and Log Management solution provider, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Sematext is a globally distributed organization that builds innovative Cloud and On Premises solutions for performance monitoring, alerting and anomaly detection (SPM), log management and analytics (Logsene), search analytics (S...
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
SYS-CON Events announced today Arista Networks will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Arista Networks was founded to deliver software-driven cloud networking solutions for large data center and computing environments. Arista’s award-winning 10/40/100GbE switches redefine scalability, robustness, and price-performance, with over 3,000 customers and more than three million cloud networking ports depl...