Introduction

To support Canada’s transition to low-carbon energy, ClimateDoor facilitated a strategic partnership between Volta Technique and Mitis SA, leveraging Volta’s modular compressed air storage with Mitis’s advanced turbomachinery.

Goal/Opportunity

To enable Volta Technique’s energy storage technology to serve Canada’s clean energy goals by partnering with Mitis SA for efficient, sustainable storage solutions that reduce reliance on fossil fuels.

Challenge

Volta Technique faced hurdles in entering the Canadian energy market due to complex regulatory environments and the need for substantial R&D funding. They required a strategic partner and support to access relevant grant opportunities.

Solution

1. Cross-Border Partnership: Aligned Volta with Mitis SA to combine their technologies for an innovative storage solution.
2. Funding Strategy: Focused on the Horizon Europe Fund and Canadian Strategic Innovation Fund for project support.
3. Research Collaboration: Facilitated joint R&D efforts to ensure compliance with Canadian energy standards.

Execution and Metrics

• Primary Funding Source: Horizon Europe Fund
• Secondary Funding Source: Strategic Innovation Fund ($10M potential)
• Partnerships: 2 key collaborations in Canada

Results

• Funding Potential: $10M from targeted programs
• GHG Reduction: 70% target for the Canadian energy sector
• Market Expansion: Enabled market entry into Canada’s decentralized energy storage market

Conclusion

ClimateDoor’s facilitation of Volta Technique’s partnership with Mitis SA provided the necessary foundation for impactful clean energy solutions in Canada. The collaboration has positioned Volta to align with national emissions targets while expanding its market reach.

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