Three Ottawa companies are among the seven beneficiaries of $28.6 million of federal investment in clean-tech projects, the Harper government announced Friday.
Grafoid Inc. will receive $8.1 million to develop low-cost, environmentally sustainable, high-quality graphene with a minimal environmental footprint. Graphene is used in the semiconductor, electronics, battery energy and composites industries.
Ranovus Inc. will receive $4.25 million to commercialize technology that streamlines data in data centres that dramatically lowers energy consumption.
OBJ360 (Sponsored)
Building The City We Aspire To Be
Ottawa is facing many challenges: we need more housing that achieves better sustainable density to create homes for families and support small businesses for a diverse economy. We need to
Regional Group races ahead in the net-zero game
Regional Group is not just talking about sustainability—it’s showing what’s possible. As the first real estate company to join the Ottawa Retrofit Accelerator (ORA) program, delivered by Hydro Ottawa, Regional
GaN Systems will receive $2.2 million to maximize the efficiency of electric vehicle chargers connecting to the power grid, reducing wasted heat and cutting power losses while batteries charge.
Toronto’s OTI Lumionics, Kelvin Storage, Mississauga’s Polar Sapphire, and Concord’s Ionada were the other beneficiaries from the Sustainable Development Technology Canada Tech Fund.
The announcement comes two days after the fund opened applications for a new wave of clean-tech entrepreneurs.
“The energy required for data centres accounts for two percent of the world’s electricity consumption and growing,” Ranovus chairman and CEO Hamid Arabzadeh said in a statement. “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.”
