News Briefs
Business developments, technology launches and other news free to view

News Briefs

  • Northland Power acquires DeBu offshore wind project +

    Northland Power has completed the acquisition of the Deutsche Bucht (DeBu) offshore wind project from Highland Group Holdings Ltd. The Read More
  • New shore power system operational in Montreal +

    The City of Montreal is now able to reduce greenhouse gas emissions from cruise ships docked at the Alexandra Pier Read More
  • BioAmber to take full control of Sarnia plant +

    BioAmber Inc. has inked an agreement to purchase Mitsui & Co Ltd.'s minority stake in its Sarnia joint venture. The Read More
  • OCGC names new chief executive +

    The board of directors at the Ontario Capital Growth Corp. (OCGC) has appointed Steve Romanyshyn as its new president and Read More
  • Boralex closes financing for France wind farm +

    Boralex Inc. has closed a $67.9 million financing for the 30 MW Chemin de Grès wind farm in France. The Read More
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Sustainable Development Technology Canada is handing out nearly $8 million to three Quebec clean technology companies. The firms are located in Sherbroooke, Quebec City and Montreal. 

 

Montreal-based The Magpie Mines Inc. Is getting $3.9 million from the federal investment arm. It has developed a process to use low-grade mine ores to produce synthetic rutile. This is a white pigment used in paints, plastics, paper and food. 

E2Metrix Inc., located in Sherbrooke, has secured a $2 million investment from SDTC to continue work on a new approach to wastewater treatment that reduces the amount of contaminants being released back into surface water, resulting in cleaner communities. 

“The innovation developed by E2Metrix results in significantly lower concentrations of phosphorus and ammonia without resorting to chemical coagulants, leading to safer residues while reducing the volume of sludge generated. The unique properties of our patented anode make this possible. Our process, which complies with current regulations and the stricter ones to come, eliminates pathogenic micro-organisms and products that are harmful to human health such as hormones and endocrine disruptors,” said Mohamed Laaroussi, CEO at E2Metrix. 

Oil and gas pipelines will also receive some help. FlyScan Systems Inc. Received $1.8 million so it can continue work on its sensor that can detect small leaks in underground pipelines used to transport oil and liquid gas. 

“SDTC's investment in each of these companies will support the development of transformative clean technology solutions that will deliver real environmental and economic benefits for Canadians,” said Leah Lawrence, president and CEO at SDTC.