Fifty-five projects received funding under the Ecoenergy Innovation Initiative last Friday
OTTAWA—Last Friday the federal government announced $82 million in funding for 55 clean energy projects including 13 in the Greater Toronto Area (GTA), three in Nova Scotia and two in the North.
“Through the Ecoenergy Innovation Initiative, our government is investing in innovative clean energy technologies that create jobs, generate new economic opportunities and protect the environment,” said Joe Oliver, minister of natural resources.
Projects that received funding in this round attempt to fuel the development smart grids, electric vehicles, carbon capture, biomass power generation, as well as solar and wind energy, to name a few.
Of the 55 supported projects, 40 are research and development and 15 are endeavours to test the commercial feasibility of the technology in question.
Officials say the funding will stimulate local economies and help Canada become a clean energy leader.
So far the Ecoenergy Innovation Initiative has received $268 million over five years to fund research, development and demonstration projects.