Sustainable Development Technology Canada

Sustainable Development Technology Canada

February 24, 2010 12:57 ET

Canadian Companies Pitch Their Cleantech Innovations to the World

SDTC showcases Canadian cleantech companies on world stage

OTTAWA, ONTARIO--(Marketwire - Feb. 24, 2010) - Canadian cleantech companies are front and centre this week at one of the world's largest cleantech showcases, as Sustainable Development Technology Canada (SDTC) presents five leading-edge Canadian companies to the Cleantech Forum XXVI in San Francisco.

"SDTC has recognized the potential of these and other companies to transform global industries with cleantech innovations," said Dr. Vicky Sharpe, President and CEO of SDTC. "Showcasing their work at the Cleantech Forum provides an exciting opportunity to demonstrate to the world that Canadian companies are a great investment because they are leading the way in cleantech solutions." 

  • Ensyn is a world leader for the production of liquids from biomass. Headquartered in Ottawa, Ontario, it is at the forefront of the bio-energy, bio-chemicals and renewable transportation fuels markets.

  • CO2 Solution Inc., based in Quebec City, Quebec, is commercializing a patented enzymatic enabling technology for low-cost carbon dioxide capture from coal-fired power plants and other large stationary sources of carbon emissions.

  • Verdant Power Canada ULC, based in Niagara-on-the-Lake, Ontario, is demonstrating ways to generate renewable electricity from large river systems such as the St. Lawrence River with minimal environmental impact.

  • Vive Nano, based in Toronto, Ontario, uses nanotechnology to delivery economic and environmental benefits for Canadians. The technology reduces costs and lowers environmental impact of processes including manufacturing and agriculture.

  • Tantalus Systems Corp, based in Vancouver, British Columbia, has developed a two-way, real-time wireless Smart Grid communications system called TUNet® (Tantalus Utility Network) that enables electric, gas and water distribution utilities to deliver cost-effective command and control communication capabilities.

The companies will be taking part in one of the biggest go-to events of the cleantech industry, San Francisco's Cleantech Forum XXVI. The world-renowned forum brings together over 1,000 industry leaders along with investors from around the globe and offers a significant opportunity for Canadian companies to attract international recognition and investment.

On behalf of the Government of Canada, SDTC has committed $464 million in funding for more than 180 cleantech projects, and has leveraged over $1 billion in funding primarily from the private sector. A subset of 37 mature companies in SDTC's portfolio have raised additional investments of more than $1 billion over the last five years; more than 40 per cent of this is foreign direct investment, well above the rate for other sectors.

Cleantech Forum XXVI San Francisco is one of the Cleantech Group's five premier events each year across North America, Europe, China and India. The Cleantech Forum XXVI will bring together 1,000 industry leaders ushering in new forms of financing for scale and innovation, for a broader set of global demands and new business models. Since 2002, the Forums have provided insight, investment opportunities and unparalleled networking for the world's leading investors, growth companies and global corporations.

Sustainable Development Technology Canada (SDTC) is an arm's-length foundation created by the Government of Canada which has received $1.05 billion as part of the Government's commitment" to create a healthy environment and a high quality of life for all Canadians. Projects supported by SDTC include every major sector of Canada's economy, including forestry, transportation, commercial buildings, homes and apartments, agriculture, waste management and industrial processes.

http://www.sdtc.ca/

Contact Information

  • Media Relations:
    Sustainable Development Technology Canada
    Patrice Breton
    Director, Communications
    613-234-6313 ext. 295
    media@sdtc.ca
    or
    Application Process:
    Sustainable Development Technology Canada
    Rob Barkwell
    Manager, Applications
    613-234-6313 ext. 349
    applications@sdtc.ca