“The federal government continues to demonstrate its support for CleanTech by announcing almost $8 million in investment for three Ontario companies, ranging from solar power to fertilizer derived from biowaste to the optimization of cloud computing’s energy requirements!“– Marcus Deans, CleanTech Academy Graduate & WEtech Alliance Intern Via CLEANTECH CANADA – July 7, 2017 The federal government announced $7.85 million worth of Ontario cleantech investment on June 19, for projects focusing on solar power, cloud computing and biofertilizers. These projects are being funded through Sustainable Development Technology Canada, which works with Canadian companies to bring early-stage clean technologies to market. The following projects will be receiving federal funds:
- $5.5 million for Ranovus Corp. of Ottawa, which is exploring ways to reduce the amount of electricity required for companies to store information in the cloud.
- $1.45 million for Heliene Inc. of Sault Ste. Marie, which develops mono-crystalline solar modules.
- $903,000 for BioLINE Corp. of London, which has found ways to take the biowaste from mushroom farms and convert it into fertilizer.