B.C.’s SHARC Energy (CSE:SHRC) has been selected to participate in an Asian trade mission aimed at promoting Canadian clean technology in Southeast Asia.
SHARC is one of nine Canadian clean-tech companies selected by the Canadian Technology Accelerator, led by the Canadian Trade Office in Singapore, to participate in the virtual summit, which will showcase Canadian clean-tech in Singapore, Vietnam, Malaysia and the Philippines.
“We’re seeing significant growth in the Southeast Asian clean-tech sector and that includes growth in demand for circular economy and energy efficiency technologies,” said Lynn McDonald, Canadian High Commissioner in Singapore. “There’s a great opportunity for Canadian innovation to address some of the region’s most pressing environmental issues.”
SHARC Energy is the only B.C. clean-tech company selected to participate in the trade mission, which will be held virtually in a series of meetings, due to the COVID-19 pandemic.
“We are honoured to have been chosen by the Canadian Technology Accelerator to bring our technology to global markets,” said SHARC Energy CFO Hanspaul Pannu. “By recovering or rejecting the thermal energy from the wastewater we send down the drain every day, our made-in-Canada technology will have a significant role in reducing a building’s energy costs and its carbon footprint.”
SHARC Energy developed a system that captures the heat from a building’s waste water before it does into sewer systems and reuses it. The system temporarily recirculates waste water before it goes into the sewer system and uses heat exchange to capture heat, which is then used to heat and cool the building.
It has been used in a number of buildings in Canada, the U.S. and the UK.