Canada's Economic Action Plan strengthens the economy and helps Vancouver businesses grow
July 22, 2010 — Vancouver, British Columbia
The Honourable Steven Fletcher, Minister of State for Democratic Reform and Member of Parliament for Charleswood-St. James-Assiniboia, on behalf of the Honourable Gary Goodyear, Minister of State (Science and Technology), today announced contributions of $496,000 to Day4 Energy Inc. from the National Research Council of Canada’s Industrial Research Assistance Program (NRC-IRAP).
The funding supports innovative research and development projects that will assist both firms in developing high-tech solutions for global markets.
The contribution to Day4 Energy Inc. will support the development of a new photovoltaic cell and module that will decrease manufacturing costs, while increasing efficiency. This will eventually help bring solar energy closer to cost parity with conventional energy.