Two Toronto-based companies are getting $9.5 million in federal funding to improve on their projects around clean energy technologies. Morgan Solar Inc is expected to use the funds for its solar power cells while NRStor Inc will use the funds to improve on its energy storage capabilities. Morgan Solar’s proprietary planar optical technology can help reduce the cost of materials used in solar panels. An initial first version is the world’s only translucent high-efficiency panel for building environments. The second version has the potential to be the lowest cost panel in the world for utility applications. The funds for NRStor are to develop higher energy storage capabilities for the Ontario electricity grid. By storing energy as compressed air and heat, the system developed by NRStor can help Canadian energy companies create more business opportunities. Investments in these two projects are made through Sustainable Development Technology Canada and support the Pan-Canadian Framework on Clean Growth and Climate Change.
Trending by Topic
Research Money News
Register by March 8 to Save
The 17th Annual Money Conference, “Breaking Through the Status Quo: Scaling Canada’s Innovation Game”, will take place on 10-11 April 2018 at the National Arts Centre in Ottawa. Register by March 7 to save big.Read More
R$ welcomes new editor to the team
Meet Veronica Silva Cusi, an award-winning multimedia journalist – and the newest addition to the R$ team.Read More
RE$EARCH MONEY welcomes its readers to submit articles of either 650 or 1,000 words for its popular Opinion Leader page, on topics of interest to the research and innovation community. We also welcome Letters to the Editor and other feedback. If you would like to submit an article or if your organization has news or events that it would like to appear in RE$EARCH MONEY please contact Mark Henderson, Managing Editor, for further information.
- National Research Council
- Natural Sciences and Engineering Research Council
- Canada Foundation for Innovation
- Univ of Toronto
- Technology Partnerships Canada
- Univ of British Columbia
- Canadian Institutes of Health Research
- McGill Univ
- Univ of Alberta
- Univ of Waterloo
Research Money on Twitter
- Loading tweets...