Heliene Inc., a Sault Ste. Marie-based company that manufactures high-efficiency solar panels, has received $1.45 million from the federal government to continue innovating clean power technology.
“Striving for operational excellence through flexibility and rapid innovation has been the key for our Sault Ste. Marie company’s resilience and success thus far. Looking ahead, and thanks to this federal funding, the iPV project will introduce a new revolutionary product targeting the fast-growing Smart Grid market that will meaningfully diversify Heliene’s business model,” Heliene president Martin Pochtaruk said in a release.
“Heliene’s bright future is supported by pent up and expanding demand in the key target clean-tech market, an area of focus for economic development clearly identified by the Liberal government and our MP, Terry Sheehan.”
The press release said the innovations coming out of Heliene are expected to lead to well-paying, middle-class jobs and new business opportunities for Canadians, as well as leading to cleaner technologies that result in less air pollution and healthier communities.
The funds are being supplied through Sustainable Development Technology Canada, which works with Canadian companies to bring early-stage clean technologies to market.