MRI, Wal-Mart Canada To Support Menova Solar Concentrator Demonstration

Posted by SI Staff on May 29, 2008 No Comments
Categories : FYI

The Ontario Ministry of Research and Innovation (MRI) and Wal-Mart Canada are pursuing a project with Menova Energy that will provide up to $5.9 million to support the demonstration of the company's Power-Spar solar concentrator technology.

The intention is to test and install the technology on the roof of a Wal-Mart store in Ontario, which has yet to be selected or constructed. Under the proposed project, Ontario would provide Menova Energy with a $2.8 million forgivable loan awarded through the MRI's Innovation Demonstration Fund. Wal-Mart Canada would provide up to $3 million to support the testing and installation of the technology.

SOURCE: Wal-Mart Canada

Leave a Comment