Ottawa, Ontario – The federal government has announced that 19 clean technology projects from across Canada have been approved to share $57 million in new investments. The projects include lightweight engine component materials and hydrogen production.
The funding was approved by the Board of Directors of Sustainable Development Technology Canada (SDTC) and is intended for the development and demonstration of projects that benefit both the environment and the economy.
“The continued high number of applicants and the addition of 19 promising projects to our portfolio show that SDTC is succeeding in its mission to support the development of clean technologies in Canada,” said SDTC Chairman Juergen Puetter. “The projects we support will contribute to securing Canada’s position as a leader in the development of clean technologies, while delivering economic, environmental and health benefits to Canadians.”
SDTC is an arm’s-length, not-for-profit foundation which received $1.05 billion from the Government of Canada as part of its commitment to create a healthy environment and high quality of life for all Canadians. It operates two funds: the $550 million SD Tech Fund for projects that address climate change, air quality, clean water and clean soil, and the $500 million NextGen Biofuels Fund for the establishment of first-of-kind, large demonstration-scale facilities for the production of next-generation renewable fuels.
Among the funded companies are Morph Technologies Inc., which has developed a nanometal polymer offering up to 47 per cent weight reduction in engine and drivetrain components over equivalent steel parts for improved fuel economy and reduced air emissions, and Western Hydrogen Limited, which will build a pilot plant to demonstrate its Alkaline Metal Reforming process for the production of large volume, high pressure hydrogen from multiple low-cost feedstocks including glycerol, crop waste, and petroleum coke and residuals, with a 35 per cent unit cost advantage over the energy-intensive and polluting Steam Methane Reforming, the only commercial scale technology currently available for large volume hydrogen generation.