In this story
Introduction
To expand into the North American market, ClimateDoor supported Mitis SA’s collaboration with Volta Technique, creating a solution for sustainable energy storage that meets Canada’s low-carbon objectives.
Goal/Opportunity
To establish Mitis SA’s turbomachinery in Canada’s clean energy sector, enhancing energy storage efficiency and reducing greenhouse gas emissions in collaboration with Volta Technique.
Challenge
Mitis SA needed to adapt its technology to meet Canadian regulations and secure the necessary funding to sustain a collaborative R&D project with Volta. The company also sought strategic partnerships to validate its technology’s impact.
Solution
- Strategic Collaboration: Partnered with Volta for a joint R&D initiative in compressed air storage.
- Grant Sourcing: Identified Horizon Europe and Canadian Innovation funds to support project costs.
- Market Adaptation: Guided Mitis through the regulatory landscape for energy storage in Canada.
Execution and Metrics
- Funding Opportunities: Horizon Europe and Strategic Innovation Fund ($10M potential)
- Emissions Target: 70% GHG reduction in Canada’s energy sector
- Local Partnerships: 2 Canadian energy collaborations
Results
- Project Funding: $10M potential from international and Canadian grants
- GHG Reduction: 70% targeted reduction in sector emissions
- Canadian Market Entry: Established 2 strategic partnerships in Canada
Conclusion
ClimateDoor’s support for Mitis SA enabled a successful partnership with Volta Technique, positioning them to leverage Canada’s renewable energy transition. This collaboration set the foundation for impactful clean energy solutions, fostering growth and environmental progress in the North American market.