OTTAWA, ONTARIO--(Marketwired - Sept. 12, 2013) - Solantro Semiconductor Corp., the leader in Intelligent Power Silicon, today announced that it has been awarded up to $3.8 Million from Sustainable Development Technology Canada (SDTC) to accelerate the development and commercialization of its custom integrated circuits and control firmware for use in establishing and controlling Self-Forming, Dynamically Scalable, Renewable Energy Nano-Grids.
The International Energy Agency (IEA) predicts that global demand for electricity will grow by over 70% by 2035, requiring an investment of $6.8 trillion to upgrade and extend the worldwide electricity distribution network. Renewable energy and in particular Solar PV, is a large part of the solution to meeting this increasing global need. However, there are many challenges associated with managing the dynamics of distributed renewable energy generation, storage and load management to efficiently balance power generation and demand. Solantro addresses these challenges through specially developed control software running on its custom integrated circuits. This SDTC-supported project has the potential to create a new model for consumer-level deployment of renewables, allowing for increased energy self-consumption, and accelerating the displacement of fossil fuels in grid-back-up and off-grid / rural electrification installations.
"Canada must nurture highly skilled individuals and new ideas that will help our businesses innovate, secure new markets and create well-paying jobs," said Minister Oliver. "By supporting advanced research and technology, our government is investing in Canadian prosperity and a cleaner environment."
"The projects announced today are great examples of the Canadian innovation and entrepreneurship that characterizes SDTC's portfolio, valued at more than $2 billion and brimming with innovative technological solutions," said Vicky Sharpe, President and CEO of SDTC. "Canadian cleantech leaders are continuing to create economic opportunities and open up avenues to new export markets."
As a result of the SDTC funding, Solantro will be able to accelerate development and market introduction of its chipsets, control firmware and reference platforms. Solantro's Consortium Partners; Alpha-Outback, Celestica, Infinity Island and others will incorporate and advance the Solantro technologies through field tests and prove out these innovations under dynamic real world conditions. A successful demonstration will enable rapid market rollout of the technology that within 5 years could result in generation of over 1,164 GWh of energy and the displacement of over 116 KT of Green House Gas (GHG) emissions.
"Working with sophisticated and visionary energy management partners such as Alpha-Outback, Celestica and Ile Infinie provides us with ideal partnerships to bring our disruptive Intelligent Power Silicon chipset and firmware technology to market. These partners share our innovative and compelling view of the evolution of the renewable energy marketplace," said Solantro's Founder and CEO Antoine Paquin.
The Alpha Group pioneered the concept of reliable, uninterruptible power for communications and broadband networks, and in the process has set a 35-year legacy of visionary, market-driven power solutions. OutBack Power Technologies, a member of The Alpha Group, is the leading designer and manufacturer of advanced power electronics for renewable energy, back-up power and mobile applications applications including solar, wind, micro-hydro, and battery based energy systems.
For this Project, Alpha will validate the Solantro technologies within their products and systems to ensure market viability. During the conduct of this project Alpha will be conducting activities related to validation and prototyping and contributing in kind (labour, materials, testing). More information on OutBack Power can be found on their website: www.outbackpower.com.
Celestica (TSX, NYSE: CLS) is a global company, with over $6.5 billion in revenues and over 30,000 employees worldwide. They are a world leader in the design and engineering, electronics manufacturing and supply chain management services. Celestica will contribute their expertise and provide in-kind support to the project via supplying white label plug and play PV-Modules for validation, provide prototype manufacturing, as well as act as a demonstration host for field trials and verify qualification. More information on Celestica can be found on their website: www.celestica.com.
Ile Infinie, also known as Infinite Island Power, brings together various renewable energy sources (solar, wind, clean gas generators) and optimizes their electrical power generation through the Power Island Control System (PICS) and integrated web-enabled software. For this project, the company will develop customized system level firmware and along with their PICS, validate the Solantro chipset-enabled technology. More information on Ile Infinie can be found at: www.ileinfinie.com
This funding was a part of a $14.7 million investment announced today by the Government of Canada to support four clean technology projects.
About Solantro Semiconductor
Solantro is a world leader in developing customized chipsets, firmware and Reference Platforms for power conversion applications across distributed renewable energy networks. Founded in 2009, the company has assembled a team of proven entrepreneurs with deep experience in system architecture, semiconductors, power conversion, and distributed communications systems. Solantro is working closely with select visionary partners and customers to fundamentally redefine the manageability, scalability, reliability and economics of grid-tied and off-grid renewable energy installations through deployment of highly distributed power system architectures based on its Intelligent Power Silicon solutions.
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 SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The 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.