November 2013

Environment and energy

 

CO2 Solutions Completes First Alberta Oil Sands Project Milestones

CO2 Solutions announces that it has met and exceeded the first two technical performance milestones for its Alberta Oil Sands project. The Company demonstrated its patented carbon capture technology is at least one-third less expensive than existing carbon capture technology in terms of energy consumption, and can withstand the rigors of industrial application.

 

H2O Innovation awarded $4.7 million in contracts for municipal and industrial water treatment projects – Company expands in British-Columbia

H2O Innovation announces today that it was recently awarded $4.7 million in new contracts. These new contracts bring H2O Innovation’s order backlog for water treatment projects to $17.4 million as of June 5, 2013. The Company continue to expand its systems sales network by adding a new sales manager in British-Columbia. 

 

Researchers develop a highly effective method for converting CO2 into methanol

Université Laval researchers have developed a highly effective method for converting CO2 into methanol, which can be used as a low-emissions fuel for vehicles. The team led by Professor Frédéric-Georges Fontaine presents the details of this discovery in the latest issue of the Journal of the American Chemical Society.

 

Third 25-year power supply contract with Hydro-Quebec - Innoventé will open a new plant in Matane

Innoventé announced that it will open a new plant in Matane following the execution of a power supply contract with Hydro-Quebec for a term of 25 years for the production of 7.2 megawatt of electricity. This agreement, the third in its kind for the Corporation, brings the total of contracts to 20.6 MW, over the next 25 years.

 

PWT Hires New Regional Sales Manager in South Eastern USA and Adds Two Distributors in Brazil and Tunisia

Professional Water Technologies, an H2O Innovation brand that is a specialists in membrane filtration chemicals and membrane forensics services, has announced the addition of a Regional Sales Manager to its sales team. The Company is also proud to announce the expansion of its sales network with the addition of distributors in Brazil and Tunisia. PWT now counts 22 distributors, ensuring a strong presence worldwide.

 

CO2 Solutions Further Fortifies Its Intellectual Property Portfolio with Addition of two Broad Canadian Patents

CO2 Solutions announces that it has received Notices of Allowance in Canada for two broad patents: “Carbonic anhydrase system and process for treating a CO2-containing gas” with number 2,813,640 and “Formulation and process for CO2 capture using carbonates and biocatalysts” with number 2,769,772.

 

Hydro-Québec Distribution gives Innoventé the green light for the commercial operation of its plant in Saint-Patrice-de-Beaurivage

Innoventeis pleased to announce the commercial operation of its first plant in Saint-Patrice-de-Beaurivage. Delivery of electricity to Hydro-Québec Distribution began according to the terms of the contract after the Corporation successfully completed all compliance tests and trials. Innoventé thus officially reaches the status of renewable energy producer.

 

Innovente announces a private placement with Caisse de dépôt et placement du Québec

Innovente announces the closing of a private placement with Caisse de dépôt et placement du Québec for gross proceeds of $1,000,000. "Financing from the Caisse is aligned with the ongoing development of this business, which is at a turning point in its growth with plans to build plants in many regions of the Province of Quebec", said Mr. Martin Garand, Manager, Investments at the Caisse. "We have been following the progress of Innovente and of its renewable energy technology since 2010 with great interest."

 

Innoventé completes the acquisition of the RockTenn plant in Matane

Innovente is pleased to announce that it has completed the asset acquisition of the RockTenn former board mill in Matanethrough its wholly owned subsidiary. Innoventé intends to build on the 45 hectare lot, in the RockTenn former board mill located in the Mataneindustrial park, a 7.2 MW cogeneration plant using biocombustible from forest, industrial, agricultural and municipal residues to produce electricity.

 

H2O Innovation announces the proposed acquisition of Piedmont Pacific Corporation and concurrent bought deal and private placements of up to $8 million

H2O Innovation announces the signature of an agreement to purchase all of the issued and outstanding shares of Common Stock of Piedmont Pacific Corporation , a company located in Oakland, CA and one of the leading manufacturers in the world of flexible pipe couplings and other pipe fittings for highly corrosive environments, for a total consideration of approximately $4.0 million. 

 

Commercial commissioning of the Seigneurie de Beaupré Wind Farms' first 131 MW

Boralex, Gaz Métro Limited Partnership and Valener Inc. are pleased to announce commercial commissioning of the first 131 MW of the Seigneurie de Beaupré Wind Farms within the projected time frame. Within the next few days, an additional 141 MW will also be commissioned, thereby completing the largest phase of the Seigneurie de Beaupré Wind Farms.