Grants and Contributions:

Back to search

Title:

Penpaq PLAT-I In-stream Tidal

Agreement Number:

ERPP-IT-13

Agreement Value:

$28,500,000.00

Agreement Date:

Aug 8, 2019 - Mar 31, 2028

Description:

The purpose of this project is to reduce barriers for emerging renewable energy deployment and increase Canada's renewable electrical energy capacity from emerging renewable energy energy technologies.

Organization:

Natural Resources Canada

Expected Results:

The expected results are increased deployment of emerging renewable power projects in Canada, reduced barriers to deployment of emerging renewable power projects, increase in renewable energy capacity, greenhouse gas emissions reductions, increase in renewable technology supply chains, and increase and awareness of regional energy resources and impacts from renewable energy projects.

Location:

BEDFORD, Nova Scotia, CA B4A 4J4

Reference Number:

115-2019-2020-Q2-08399

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

781562871

Recipient Type:

For-profit organization

Additional Information:

Grant or contribution awarded and spanning more than one fiscal year.

Recipient's Operating Name:

SPICER MARINE ENERGY INC.

Recipient's Legal Name:

SPICER MARINE ENERGY INC.

Program:

Emerging Renewable Power Program

Program Purpose:

The objective is to support the reduction of greenhouse gas emissions from Canada's energy sector through a set of deployment programs which allow for a smarter grid systems, deployment of emerging renewable electricity projects, and deployment of renewable energy to reduce the reliance of diesel generated heat and power in rural and remote communities.