SEI Logistics has secured almost $40,000 in Canadian tax incentives for its transportable, foldable photo voltaic panels with batteries, designed to work in harsh and distant environments.
SEI Logistics’ transportable, folding photo voltaic panels and battery options are designed to be used within the oil and fuel business, the place off-grid energy is required in distant and very chilly areas. Transportable panels have a battery positioned in a case, particularly designed for chilly and harsh environments. The know-how was just lately awarded almost $40,000 in tax incentives from the Canadian authorities.
Whereas most batteries do not carry out effectively in permafrost areas, SEI discovered a producer of military-grade instances used for transporting and storing missiles, which the corporate makes use of for its battery. The instances home the batteries in addition to heaters to maintain them heat.
The SEI makes use of lithium-ion batteries with a optimistic temperature coefficient (PTC) heater. When the surface temperature drops, extra energy from the panels goes to the heater that warms the batteries, SEI studies.
The foldable module design of the photo voltaic panels was created in order that the off-grid resolution could be simply transported and put in wherever. In line with SEI, the technical challenges embrace how small and lightweight the construction could be with out compromising power and efficiency, and find out how to scale back the variety of parts with out leaving the panels weak in power. that air. After intensive experimentation, the designers realized that after the brand new custom-designed hinges had been used, the massive fuel springs had been not wanted, and that in the event that they added panels nearer to the bottom, they performed the identical technique of wind tunnel testing.
Canada is dedicated to decreasing carbon emissions whereas defending an economic system that relies upon closely on pure sources. The nation just lately launched the 2022 Fall Financial Assertion, which introduces funding tax credit (ITC) for clear applied sciences and clear hydrogen that can assist encourage the transition to net-zero vitality and make Canada extra aggressive with the US. Clear know-how tax credit might be provided to buyers in net-zero applied sciences, battery storage and clear hydrogen. Canada’s new 30% tax credit score applies to investments in renewable vitality manufacturing and storage, in addition to low-carbon heating and zero-emission industrial automobiles. The Canadian authorities can be planning a tax credit score for hydrogen manufacturing, the design of which has but to be decided.
“Whereas the IRA will undoubtedly facilitate the continued transition to a net-zero economic system in North America, it additionally gives substantial monetary help to firms that find their manufacturing in the US – from manufacturing to the electrical car battery, to hydrogen, to biofuels, and so on., “stated the federal government within the financial replace. “With out new measures to keep up the IRA, Canada dangers being left behind.”
One of many most important sources of funding supplied by the Authorities of Canada to companies and organizations working on this sector is the Scientific Analysis & Experimental Growth (SR&ED) program. This tax incentive for innovation permits companies to assert again the prices incurred in analysis and growth (R&D) exercise. It’s made up of a mixture of federal and provincial funding. Not all prices associated to R&D could be included in a declare, nevertheless, the principle qualifying prices embrace personnel prices, salaries, supplies, in addition to funds to contractors and third events. celebration.
“When you’re confronted with overcoming challenges of this magnitude, entry to one of these funding is crucial. Realizing that we are able to depend on SR&ED has completely fueled our whole innovation method. The advantages it brings means we’re investing extra in R&D than ever earlier than,” stated Eric Little, founder and CEO of SEI Logistics.
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