$42.5M funding to support commercialization of clean technologies

Ottawa, ON – Funding worth $42.5 million awarded by Sustainable Development Technology Canada (SDTC) will support 15 projects developing groundbreaking clean technologies and fast-track their progress toward commercialization.

The newly approved projects involve a variety of sectors that are core to Canada’s economy including power generation; energy exploration and production; agriculture; energy utilization; waste management; transportation; and forestry, wood products and pulp and paper products.

The projects include an initiative led by Plasco Energy Group to generate heat and power from the gasification of municipal solid waste in Ottawa, and another by Hatch, to extract oil from Alberta tar sands in-situ using an improved solvent extraction process requiring up to 95% less energy than conventional technologies.

The private and public sector consortia partners behind the projects are investing an additional $91 million, representing a more than 2:1 ratio of industry-partner contribution to SDTC investment.

SDTC says it will launch its next call for statements of interest in January. It will include a request for projects with technologies that address climate change, clean air, and water and soil quality issues.