The TechnoCentre éolien (TCE) has been granted Canadian federal financial contribution of about $3 million to continue its role as a catalyst in Quebec wind energy. This financial support, which will cover the fiscal years 2016 to 2019, was granted by Canada Economic Development for Quebec Regions (CED).
TCE is now able to maintain and increase its activities related to research and innovation of wind power, developing world-class expertise in Quebec in the field of renewable energies. The funds will also help TCE in supporting the business growth of SMEs in the sector.
“Canada Economic Development for Quebec Regions is a key partner for TCE. Now more than ever, renewable energy sectors represent the path of the future in terms of energy development,” said Frédéric Côté, TCE General Manager.
TCE currently comprises over 25 employees and hosts about 20 college and university students.
“The commitments made at COP21 bear witness to the fact that the new economy will be based on the growth of green energies and the battle against climate change,” added Côté. “The federal government has made this issue a priority and we are pleased to be able to make our own contribution to building a sustainable economy that revolves around clean technologies, a green infrastructure, and environmentally responsible jobs.”
Filed Under: Financing, News