August 26, 2015 – Sustainable Development Technology Canada (SDTC) is once again offering the opportunity to funnel some money into cleantech development projects. The SD Tech Fund and the SD Natural Gas Fund are open for applications from August 26 to October 14, 2015.
“Cleantech represents that double bottom line, bringing together environmental goals and economic activity in a way that generates jobs and opportunity across Canada”, said Leah Lawrence, SDTC’s president and CEO. “Recent reports peg the Canadian cleantech market at $12 billion. We look forward to working with entrepreneurs and technology developers from all corners of the country to get their cleantech innovations closer to market.”
Through the SD Tech Fund, SDTC says it supports technologies that address the challenges of clean air, soil, water and climate change, including technology solutions focused on these current technology priority areas, as well as others:
• Remote and northern community utility systems: northern renewable energy.
• Energy efficiency for industry and communities.
• Combustion-free primary energy conversion technologies.
The SD Natural Gas Fund, a collaboration with the Canadian Gas Association, focuses on the following priority areas:
• Residential (small-scale affordable CHP units, ultra-efficient water heaters, technologies that improve the efficiency of residential heating and/or cooling).
• Commercial (technologies that improve the efficiency of heating systems, measurement and data management to better control natural gas consumption, natural gas cooling systems).
• Industrial (higher-efficiency industrial heating equipment, CO2 capture systems, less energy-intensive hydrogen production).
• Power generation (higher efficiency power generation, emissions control technologies, natural gas storage solutions for remote locations).
• Transportation (more efficient and lower emission natural gas engines, alternative natural gas engines, lower-cost solutions).
• Renewable natural gas (technologies that improve cleanup economics, cost-effective small-scale anaerobic digesters).
SDTC says its portfolio is currently comprised of 269 clean technology projects with a total value of $2.5 billion, of which over $1.8 billion is leveraged primarily from the private-sector.