Ontario makes dark horse bid for North American cleantech crown
While the United States has remained at an impasse over the extension of its clean energy tax credits, the Canadian province of Ontario has been busy positioning itself as a go-to destination for cleantech’s mountains of cash.
Ontario initiated a flurry of incentive programs aimed at… Continue Reading
BioPower Systems draws inspiration from the sea to build ocean power technologies
In the high-stakes world of clean energy technologies — where even the slightest engineering tweak can mean the difference between market leader and also-ran — developing a system solely around biological designs might seem like an unusual strategy. Yet Sydney, Australia-based BioPower Systems, in seeking… Continue Reading
Hydro Green Energy caps off first funding round in growing “hydrokinetic” market
Hydro Green Energy, another player in the burgeoning hydrokinetic sector, has just capped a $2.6 million first funding round led by the Quercus Trust.
The Houston-based company holds 13 preliminary permits from the Federal Energy Regulatory Commission (FERC) for projects in Alaska and Mississippi; it expects… Continue Reading
Ontario government backs Verdant Power tidal energy project
Hoping to capitalize on the tremendous amount of free, tidal energy offered by the St. Lawrence River, the government of Ontario has committed $2.2m for a 15 MW underwater turbine project to be handled by New York-based Verdant Power. The turbines will be installed on… Continue Reading