Smart Tech
Green IT, smart grid, demand response and telecommunications in the electricity system

News Briefs

  • H2O Innovation subsidiary lands new deals in US +

    H2O Innovation Inc.’s operation and maintenance (O&M) services subsidiary Utility Partners LLC (UP) has renewed two contracts and extended the Read More
  • EDC offers new green bond +

    Export Development Canada’s (EDC) latest green bond has been priced. Set at $500 million with a 1.8 fixed rate, the Read More
  • Capital Power moving ahead with New Frontier Wind +

    After Capital Power Corp. inked an agreement to sell 87% of the electricity generated from the yet to be constructed Read More
  • General Fusion takes new step towards reactor design +

    Vancouver’s General Fusion has hired two industry veterans to help lead the company through the development of a proof-of-concept fusion Read More
  • Federal, Ontario governments take big step in reducing diesel reliance in FN communities +

    The $60 million in federal funding to connect the Pikangikum First Nation to Ontario’s electricity grid is a major step Read More
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Stock Market

New data from Lux Research indicates that innovation in renewable energy technology is slipping and has been doing so for the past four years. The research, however, indicates that while interest in renewables generation technologies has been waning, the bright spots relates to its integration and management. 

LUX innovation interest image

Solar Alliance Energy Inc. has gained Approved Developer status for California’s Self-Generation Incentive Program (SGIP), a program that provides incentives for existing, new, and emerging distributed energy resources including home battery storage.

It’s pretty clear to everyone who hasn’t been living under a rock lately that renewable energy is going to continue to contribute greater and greater amounts of electricity. And while this does represent some challenges, leveraging them as well as other distributed energy resources to their full potential presents big opportunities for utilities.

It appears that venture capital activity in the cleantech sector is headed for a down year. According to figures released by the Canadian Venture Capital and Private Equity Association (CVCA) this week, there were 18 venture capital deals, totalling $84 million in the first half 2017.

CVCA VC sector breakdown

Vancouver’s Discover Energy Corp. has secured US$15 million in financing from Export Development Canada to expand its battery manufacturing operations to reach international markets. The money will be used to acquire a production facility in South Korea.