It’s possible to build a low-carbon footprint, smart community in an economically viable way, according to Milfred Hammerbacher, co-founder and chief executive at s2e Technologies Inc. The company is doing it in a new neighbourhood in London ON.
A recently completed feasibility study from Alecta Inc. says that it could deploy upwards of 30,000 solar+storage PowerHouse units in the Southern York Region of Ontario by 2031.
IHS Markit says the first quarter growth in large-scale energy storage (utility side of the meter) project pipeline doubled compared to the previous year. The overall pipeline now represents 3.4 GW.
MineSense Technologies Ltd. scored $19 million in venture capital and along with it added a couple of key backers on February 15. Aurus Ventures, a Chilean limited partnership with interests in copper mines in the country led the financing of the Vancouver-based smart mining company. As well, Caterpillar Venture Capital jumped on board, giving MinseSense yet another critical piece for its commercialization trajectory.
Venture capital investments in the Canadian cleantech sector have been on a downward trend over the last few years, but could an uptick in VC layout to the clean technology sector in 2016 and some early wins in 2017 be a sign of a brighter future?