CICE Invests $7.7 Million in 13 Climate Tech Companies to Accelerate Decarbonization Solutions

The BC Centre for Innovation and Clean Energy (CICE) announced significant investments in 13 climate technology projects, totaling $7.7 million. Among these, two standout initiatives are set to propel the low-carbon fuels sector forward:

  • AlgaFilm Technologies Ltd. is pioneering algae-based solutions to transform wastewater treatment. This innovative approach not only purifies water but also produces sustainable biofuels. About the project.
  • NanosTech Environmental Inc. is developing a novel catalyst technology that converts agricultural and forestry-based oils into low-carbon fuels. This breakthrough process holds promise for reducing greenhouse gas emissions in the fuel production cycle. About the project.

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