Calgary cleantech companies Questor and Eavor receive SDTC funding
By Anthony Capkun
September 16, 2021 – Two Calgary cleantech companies are beneficiaries of an investment from Sustainable Development Technology Canada (SDTC) to further develop and deploy their innovations.
Questor Technology Inc. is receiving $4.5 million in funding to support and expedite the development of its CPS 50-1500 kW modular, high-efficiency, waste heat-to-power generation systems.
“Generating power from low-grade waste heat and improving energy efficiency is a very effective, low-cost way to reduce GHG emissions,” said Audrey Mascarenhas, president & CEO, adding that “power from waste-to-heat has zero emissions, a small footprint, is reliable 24/7, and the battery is very simple—a hot water/glycol tank”.
Eavor Technologies Inc. is receiving $4.3 million to further develop the Eavor-Loop 2.0 geothermal system, which harvests heat from deep in the earth to be used for commercial heating applications, or for the generation of electricity using conventional heat-to-power engines.
SDTC says its funding helps entrepreneurs develop and deploy cleantech innovations, thereby promoting the development of a “robust Canadian cleantech market”.