In this story
Introduction
Mundo Power, an innovator in renewable energy storage, partnered with ClimateDoor to secure grant funding, build strategic partnerships, and enter Canada’s critical minerals sector. Through collaboration with Visblue, Mundo Power aimed to deliver reliable, low-carbon energy solutions tailored for mining operations.
Goal/Opportunity
To secure funding and develop a partnership with Visblue for providing energy storage solutions to mining projects, particularly targeting the Musselwhite Mines site in Canada.
Challenge
Mundo Power faced the challenge of finding a viable funding source and building a sustainable business model for deploying high-capacity batteries in remote mining locations. Additionally, the project required an effective partnership to support the technology’s integration into critical mineral infrastructure.
Solution
- Grant Identification: Secured funding eligibility through Canada’s Low Carbon Economy Challenge and Critical Minerals Infrastructure Fund to support project development.
- Partnership with Visblue: Coordinated with Visblue to design a battery solution for the Musselwhite Mines project, aligning specifications with site needs.
- Sales and Offtake Strategy: Quoted a 10-battery solution to provide scalable energy storage tailored to the mine’s operational requirements.
Execution and Metrics
- Funding Potential: Low Carbon Economy Challenge grant identified
- Partnership: Strategic collaboration with Visblue established
- Sales Potential: $1.3M in projected sales through B2B agreements
Results (with Metrics)
- Revenue Opportunity: $1.3M in targeted sales
- Sustainable Impact: Enabled low-emission energy solutions for mining
- Market Expansion: Positioned Mundo Power within Canada’s critical mineral sector
Conclusion
ClimateDoor’s support enabled Mundo Power to align with Visblue and secure funding opportunities, creating a sustainable pathway for energy storage solutions in Canada’s mining sector. This collaboration marks a significant step forward for low-carbon energy deployment in resource-intensive industries.