Solantro gets USD-3.7m govt grant for nano grids R&D
Sep 13, 2013 - Solantro Semiconductor Corp said Thursday it would get up to CAD 3.8 million (USD 3.7m/EUR 2.8m) from Sustainable Development Technology Canada (SDTC) for the development of self-forming renewable energy nano grids.
Canada-based Solarntro designs and makes semiconductor chipsets and Reference Designs for use in power conversion applications across distributed renewable energy networks. The firm said the SDTC funding will speed up the development and marketing of custom-integrated circuits and control firmware for making self-forming, dynamically stable renewable energy nano grids.
The Canadian company is working with several partners to incorporate and improve its technology by carrying out field tests under dynamic real world conditions.
According to the International Energy Agency (IEA), global demand for electricity is forecast to jump by more than 70% by 2035. This will require investment of CAD 6.8 trillion for network improvement. Solantro believes that renewable energy, especially solar photovoltaics (PV), is to significantly contribute to meeting increasing global demand. The company aims to address the challenges related to managing the dynamics of distributed renewable power generation, storage and load management with its specially developed control software running on its custom integrated circuits.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.