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Innovation & Job News

GTA's Temporal Power secures financing to demonstrate revolutionary green utility tech

Temporal Power, a cleantech company that is a MaRS client based Burlington, secured financing earlier this year to pursue its breakthrough sustainable energy technology that could eventually make green sources of power such as wind a more viable source of electricity.

Company CEO Cam Carver says that the team of four at Temporal Power -- who currently rely a good deal on outside contractors -- now has the capital to pursue "utility-scale demonstration" projects of its flywheel technology. The flywheel allows for storage of electricity for later deployment on the grid at large scale and low cost. Storage has been seen as a key obstacle to full adoption of green energy because of the intermittent nature of generation techniques such as wind.

Carver says that the demonstration projects are expected to be ready sometime next year.

Writer: Edward Keenan
Source: Cam Carver, CEO, Temporal Power
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