Xantrex Technology Inc., a Vancouver, B.C.-headquartered developer and manufacturer of power electronics, has signed an agreement for a contribution of up to C$4.5 million with Sustainable Development Technology Canada (SDTC), a foundation created by the Government of Canada to fund and foster Canadian clean and sustainable technologies.
According to Xantrex, the funds will be used for development and demonstration of an advanced power electronics and control system for wind turbines. Xantrex and its consortium partners – including Siemens subsidiaries Winergy AG and Loher GmbH – will invest an additional C$9.0 million in this project to leverage SDTC's grant, which will be disbursed over 2007 to 2009.
‘We are pleased with the support from SDTC, which will help develop and demonstrate the next-generation integrated drive train for wind turbine manufacturers around the world,’ says Mossadiq S. Umedaly, chair of Xantrex. ‘The integrated drive train system, initially for 2 MW to 3 MW wind turbines, is expected to reduce operating costs and boost system performance, reliability and efficiency.’