Effenco Development

February 15, 2013 14:33 ET

Effenco Development Receives $1.8 Million Investment From the Government of Canada to Equip Garbage Trucks With State-of-the-Art Hybrid Hydraulic System

New system expected to result in fuel savings by as much as 25%

MONTREAL, QUEBEC--(Marketwire - Feb. 15, 2013) - Today, Montreal-based Effenco Development announced that it received funding of up to $1.8 million from the Government of Canada and Sustainable Development Technology Canada (SDTC) for the development of new "Engine-Off" technology which is expected to result in fuel savings of up to 25%.

Garbage trucks, which already spend 40-50 percent of their operating time stopped and idling, require much energy to power the hydraulic systems that collect and compact waste. Effenco is developing "Hydraulic Equipment Assisting Devices" (HEAD) that capture and use the energy from braking in large class eight trucks (i.e., the largest, heaviest trucks on the road, including garbage trucks). The initial HEAD development funded by SDTC uses the energy from braking to assist with the operation of the hydraulic pumps currently operated by the truck's engine. The technology under development, called "Engine-Off", actually shuts off the engine when stopped, then uses the stored braking energy to power hydraulic equipment and assist with restarting the truck's engine.

"Our Government is doing its part to encourage innovation and the next wave of clean technologies to help protect our environment and create high-quality jobs," said the Honourable Joe Oliver, Canada's Minister of Natural Resources. "Investment in projects such as these demonstrates our leadership in driving a vibrant clean technology industry in Canada."

"Thanks to continued support from the Government of Canada and SDTC, Effenco Development will provide a breakthrough technology to its ever growing client base in order to further reduce emissions and improve efficiency of their fleet" said Benoit Lacroix, President of Effenco Development. "Investments from the Government of Canada were essential for us to be able to develop this innovative clean technology and contribute to a greener Canada."

The "Engine-Off" technology is expected to reduce energy losses related to idling, resulting in estimated fuel savings of as much as 25 percent. Each device is estimated to reduce a garbage truck's annual CO2e emissions by 19 to 28 tonnes. By the end of 2020, the yearly cumulative GHG emissions reduction could reach 24.6 kt CO2e in Canada. In addition, the use of this technology is expected to contribute to improved air quality through a 25 percent reduction of gases such as NOx and CO.

The $1.8 million in funding received by Effenco Development was a part of a $61.8 million investment announced today by the Government of Canada to support 23 clean technology projects across Canada.

"SDTC is proud to add this project to its portfolio, now valued at more than $2 billion. When purchased and used by Canadian industry, the clean technologies developed by portfolio companies will enable a variety of sectors to increase their share of global markets," said Dr. Vicky Sharpe, President and CEO of SDTC. "As Canada works to diversify its export markets, working with new trading partners in emerging countries, these innovative technologies will help make Canadian natural resources and products more globally attractive and competitive."

About Effenco Development

Effenco develops and markets technology solutions that aim to improve energy efficiency on heavy trucks as well as reduce their greenhouse gas emissions. Thanks to its HEAD™ system as well as its specialized technical services, Effenco lends its know-how to companies with advanced transportation needs.

About SDTC

On behalf of the Government of Canada, Sustainable Development Technology Canada helps commercialize Canadian clean technologies, readying them for growth and export markets. With a portfolio of companies under management valued at more than $2 billion, SDTC is positioning cleantech as a driver of jobs, productivity and economic prosperity.

SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $590 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.

SDTC works with the private sector, the financial sector and all levels of government to meet the Government of Canada's commitment to create a healthy environment and a high quality of life for all Canadians. SDTC operates as a not-for-profit corporation.

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