{"id":472,"date":"2016-09-19T14:08:39","date_gmt":"2016-09-19T14:08:39","guid":{"rendered":"https:\/\/sdtc-2024-staging.sociationdev.com\/?p=472"},"modified":"2020-01-05T17:27:14","modified_gmt":"2020-01-05T17:27:14","slug":"government-of-canada-invests-over-45-million-in-advanced-clean-technology-projects","status":"publish","type":"post","link":"https:\/\/sdtc-2024-staging.sociationdev.com\/en\/government-of-canada-invests-over-45-million-in-advanced-clean-technology-projects\/","title":{"rendered":"Government of Canada invests over $45 million in advanced clean technology projects"},"content":{"rendered":"<p>Sustainable Development Technology Canada\u2013funded projects exemplify innovative technology practices for improved environmental outcomes and job creation<\/p>\n<p>September 19, 2016 \u2013 Vancouver, British Columbia \u2013 Innovation, Science and Economic Development Canada<\/p>\n<p>The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, today announced an investment of over $39.6 million in 14 innovative clean technology projects across Canada. The projects, which are being carried out in British Columbia, Manitoba, Ontario and Quebec, span several sectors, including waste management; energy, exploration and production; power generation; energy utilization; and agriculture. Minister Bains also announced $5.5 million in new funding for three previously funded Sustainable Development Technology Canada (SDTC) projects.<\/p>\n<p>The announcement was made at\u00a0<a href=\"http:\/\/www.darkvisiontech.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">DarkVision Technologies Inc.<\/a>, which will receive $3 million in SDTC funding for the development of oil and gas well imaging technology. Projects are funded through SDTC\u2019s SD Tech Fund. This investment is part of the Government of Canada\u2019s support of clean technology to diversify Canada\u2019s economy, open access to new international markets, reduce greenhouse gas emissions and create well-paying middle-class jobs for Canadians.The Government of Canada has allocated a total of $915 million for the fund to invest in pre-commercial Canadian clean technology projects that have the potential to meet market demand and to achieve Canada\u2019s environmental and economic goals in priority areas.<\/p>\n<p><strong>Quotes<\/strong><\/p>\n<p>\u201cThrough today\u2019s investments, we hope to reinvigorate energy innovation in this country. We want to see all industries, all sectors, indeed all Canadians, including the middle class, benefit from this country\u2019s amazing potential for long-term growth and success. We imagine a Canada leading the world out of this period of slow growth.\u201d<\/p>\n<p>\u2013 The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development<\/p>\n<p>\u201cThe investments announced today by Minister Bains demonstrate clean technology\u2019s ability to deliver tremendous economic and environmental opportunities to Canadians. SDTC works to bring economically viable innovations to market. The goal is to support globally competitive Canadian companies that produce tangible environmental benefits that also make Canada\u2019s economy more competitive.\u201d<\/p>\n<p>\u2013 Leah Lawrence, President and CEO, Sustainable Development Technology Canada<\/p>\n<p>\u201cDarkVision is pleased to receive this level of SDTC funding and support for the rollout of our downhole imaging technology. Our product helps oil and gas operators resolve critical problems in their wells that create inefficiencies. We are excited to work with both SDTC and our consortium partners in bringing this technology to market and helping the oil and gas industry in Canada lower its costs, become more competitive and reduce its environmental footprint.\u201d<\/p>\n<p>\u2013 Stephen Robinson, CEO, DarkVision Technologies Inc.<\/p>\n<p><strong>Quick facts<\/strong><\/p>\n<ul>\n<li><a href=\"http:\/\/www.budget.gc.ca\/2016\/home-accueil-en.html\" target=\"_blank\" rel=\"noopener noreferrer\">Budget 2016<\/a>\u00a0provides for an additional $50 million over four years, beginning in 2017\u201318, to Sustainable Development Technology Canada for the SD Tech Fund.<\/li>\n<li>SDTC is an arm\u2019s-length foundation created by the Government of Canada to promote sustainable development and support projects that develop and demonstrate new technologies to address issues related to climate change, air quality, and clean water and soil. SDTC invests in Canadian companies that, through their innovative technologies, contribute positively to Canada by creating quality jobs, driving economic growth and protecting the environment.<\/li>\n<li>As of December 2015, SDTC had approved investments of over $840 million in clean technology companies across the country.<\/li>\n<li>DarkVision has won numerous awards, including\u00a0<a href=\"http:\/\/www.newventuresbc.com\/2014\/09\/oil-gas-well-imaging-technology-startup-darkvision-snags-top-prize\/\" target=\"_blank\" rel=\"noopener noreferrer\">first prize in the 2014 BCIC-New Ventures Competition<\/a>\u00a0for the B.C. high-tech start-up with the most potential.<\/li>\n<\/ul>\n<p><strong>Associated links<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/sdtc-2024-staging.sociationdev.com\">Sustainable Development Technology Canada<\/a><\/li>\n<li><a href=\"http:\/\/www.darkvisiontech.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">DarkVision Technologies Inc.<\/a><\/li>\n<li><a href=\"http:\/\/www.budget.gc.ca\/2016\/docs\/themes\/economy-economie-en.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Budget 2016: An Innovative and Clean Economy<\/a><\/li>\n<li><a href=\"http:\/\/letstalkclimateaction.ca\/\" target=\"_blank\" rel=\"noopener noreferrer\">Clean Technology, Innovation and Jobs \u2013 Let\u2019s Talk Climate Action<\/a><\/li>\n<li><a href=\"http:\/\/www.letstalkcleanresources.ca\/\" target=\"_blank\" rel=\"noopener noreferrer\">Natural Resources Canada \u2013 Let\u2019s Talk Clean Resources<\/a><\/li>\n<li><a href=\"http:\/\/www.ic.gc.ca\/eic\/site\/062.nsf\/eng\/home\" target=\"_blank\" rel=\"noopener noreferrer\">Canada\u2019s Innovation Agenda<\/a><\/li>\n<\/ul>\n<p><strong>Sustainable Development Technology Canada approved projects<\/strong><\/p>\n<p>British Columbia<\/p>\n<p>Axine Water Technologies Inc.<br \/>\nSector: Waste Management<br \/>\nProject Title: Electrochemical Treatment of Recalcitrant Industrial Wastewaters<br \/>\nFunding: $2,000,000<\/p>\n<p>DarkVision Technologies Inc.<br \/>\nSector: Energy, Exploration and Production<br \/>\nProject Title: Downhole Imaging System for Alberta In-Situ Oil Sands Wells<br \/>\nFunding: $3,000,000<\/p>\n<p>Illusense Inc.<br \/>\nSector: Energy, Exploration and Production<br \/>\nProject Title: Laser-based Technology for Inspection of Oil and Gas Pipelines<br \/>\nFunding: $1,600,000<\/p>\n<p>Saltworks Technologies Inc.<br \/>\nSector: Waste Management<br \/>\nProject Title: Removal and Destruction of Ammonia from Wastewaters<br \/>\nFunding: $4,000,000<\/p>\n<p>Schneider Electric \u2013 Solar<br \/>\nSector: Power Generation<br \/>\nProject Title: SmartESS Inverter<br \/>\nFunding: $1,803,186<\/p>\n<p>Sepro Mineral Systems Corp.<br \/>\nSector: Energy Utilization<br \/>\nProject Title: Sepro Continuous Gravity Concentration Technology<br \/>\nFunding: $440,000<\/p>\n<p>Ontario<\/p>\n<p>Advonex International Corporation<br \/>\nSector: Energy Utilization<br \/>\nProject Title: Bio-derived Base Oil for Automotive and Industrial Lubricants<br \/>\nFunding: $4,250,960<\/p>\n<p>e-Zn Inc.<br \/>\nSector: Power Generation<br \/>\nProject Title: Long Duration Energy Storage Technology for Solar Energy<br \/>\nFunding: $700,000<\/p>\n<p>Hatch Ltd.<br \/>\nSector: Energy Utilization<br \/>\nProject Title: Blast Furnace Dry Slag Atomization and Recovery<br \/>\nFunding: $561,200<\/p>\n<p>Rockport Networks Inc.<br \/>\nSector: Energy Utilization<br \/>\nProject Title: Energy-Efficient Photonic Networking<br \/>\nFunding: $4,635,000<\/p>\n<p>Opus One Solutions Energy Corporation<br \/>\nSector: Power Generation<br \/>\nProject Title: Transactive Energy Network<br \/>\nFunding: $5,353,500<\/p>\n<p>Quebec<\/p>\n<p>Aeponyx Inc.<br \/>\nSector: Energy Utilization<br \/>\nProject Title: Development of an Optical Circuit Switch for Telecommunication Applications<br \/>\nFunding: $1,900,000<\/p>\n<p>Group NanoXplore Inc.<br \/>\nSector: Energy Utilization<br \/>\nProject Title: Reducing the Footprint of Electric-Motor-Driven Systems, by using Graphene-Enhanced Engineering Plastics<br \/>\nFunding: $3,300,000<\/p>\n<p>Manitoba<\/p>\n<p>Farmers Edge Inc.<br \/>\nSector: Agriculture<br \/>\nProject Title: Automated Decision Support System for Precision Agriculture<br \/>\nFunding: $6,107,563<\/p>\n<p><strong>Additional SDTC investments for previously announced projects<\/strong><\/p>\n<p>Ranovus Inc.<br \/>\nProject Title: Efficient Data Center Interconnect<br \/>\nNew SDTC Funding: $3,650,000<br \/>\nTotal SDTC Funding: $7,898,681<\/p>\n<p>Temporal Power<br \/>\nProject Title: Distributed Grid-Scale Energy Storage<br \/>\nNew SDTC Funding: $1,100,000<br \/>\nTotal SDTC Funding: $5,247,236<\/p>\n<p>Hydrostor<br \/>\nProject Title: Underwater Compressed Air Energy Storage Demonstration<br \/>\nNew SDTC Funding: $800,000<br \/>\nTotal SDTC Funding: $2,971,011<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sustainable Development Technology Canada\u2013funded projects exemplify innovative technology practices for improved environmental outcomes and job creation September 19, 2016 \u2013 Vancouver, British Columbia \u2013 Innovation, Science and Economic Development Canada The Honourable Navdeep Bains, Minister&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-472","post","type-post","status-publish","format-standard","hentry","category-all-sectors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Government of Canada invests over $45 million in advanced clean technology projects ~ Sustainable Development Technology Canada<\/title>\n<meta name=\"robots\" content=\"noindex, follow, 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