Grants and Contributions:
Title:
Renewable Energy System Storage Inverter (HRES-SI) Advanced Development Stage
Agreement Number:
1028612
Agreement Value:
$225,000.00
Agreement Date:
Jan 1, 2025 - Mar 31, 2026
Description:
VPT has invented a new architecture for inverters, making them cheaper, more flexible and easier to use.
This project follows 4 previous, successful IRAP projects, where the design was prototyped, built out to proof of concept and initial pilot. In this project, VPT will develop out and test the features of the 1kW inverter, getting it to the point of pre-commercialization, and kick off development of the 10kW inverter.
The overall development plan takes the inverter up a range of sizes from 1kW to 1MW.
Organization:
National Research Council Canada
Expected Results:
The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.
Location:
Calgary, Alberta, CA T2G 1V7
Reference Number:
172-2024-2025-Q4-1028612
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
711793117
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 34 days. The total amended value is 75,000 dollars.
Amendment Date
Mar 17, 2026
Recipient's Legal Name:
Vermillion Power Technologies Inc.
Federal Riding Name:
Calgary Centre
Federal Riding Number:
48004
Program:
Industrial Research Assistance Program
Program Purpose:
The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.
Coverage:
Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity.
NAICS Code:
541490
Amendments: