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awesome. thats what we need.
another great day for mantra.
i think with mantra, being a packrat and holding will be the best thing we can do here. good things to come here.
Mantra over the last month has definitely had an increase in daily volume. Its looking good and with some more substantial news and with an awareness program it will send this to new levels.
.16 to .17 on my level 2
more great volume. looking good.
i agree, i have heard that a new X -Prize for CO2 recycling is coming that will say alot about this new market. do a little research about the X-prize and get excited.
great close. we need bid support people.
Greener, how did it go? i was planning on coming to the open house also since i am just in the seattle area and a short drive aways. i just couldn't make it. Lets hear the goods!
awesome stuff. this puppy moves.
MVTG 100% short term buy rating
http://barchart.com/opinions/stocks/MVTG
name another stock/company that can rocket with such little volume. this is great. great bid support also. a great day for mantra. big open house on thursday for mantra where the mayor of surrey is opening the office and speaking. hopefully to bring many new eyes to mantra.
hey guys read this.. awesome. mantra in the local vancouver news
http://www.nsnews.com/news/Joint+project+tees+Northlands/3539168/story.html
Joint LED project tees off at Northlands
DNV partners with Korean firm to showcase light technology
BY BENJAMIN ALLDRITT, NORTH SHORE NEWS SEPTEMBER 17, 2010
How many taxpayers does it take to change a lightbulb?
Not very many when it comes to the District of North Vancouver's Northlands Golf Course, where all the clubhouse interior lights are being replaced with cutting-edge light-emitting diodes.
The LEDs themselves were supplied for free by the manufacturer and the district is hoping BC Hydro will help pay for the installation labour.
District staff began investigating lighting upgrades last year as part of a district-wide effort to cut back on energy spending. What's more, Northlands is working to market itself as "the greenest golf course."
"We happened to be talking to a company that was looking for a showcase for their products," said Martin Kruysse, the district's manager of strategic economic initiatives.
"So we said 'If you replace all of our lights, we'll showcase your products for you.' Mantra Energy Group agreed to do this."
Mantra is the Canadian agent for a Korean firm, Fawoo Technologies, that is looking to expand its LED business into North America. Mantra provided $25,000-worth of various LEDs for the Northlands clubhouse.
"It's an architecturally marvellous building. It has many different types of lights; it has halogen lights and spot-light and pot-light fluorescents and tube-light fluorescents and so on. So we needed to figure out how to replace each of those properly," Kruysse said. "We're tickled pink with it. Our customers are very happy with it -- it provides a nice ambience in the clubhouse -- and the staff in the kitchen are very happy with the quality of the lighting."
With the easily replaced bulbs already changed, the district plans to spend "a few thousand" dollars in labour to rewire fixtures for the more complicated replacements. But the municipality is applying for these costs to be covered by BC Hydro, which is eager to encourage similar demonstration projects.
"We want to make sure the entire facility is converted and make sure everything works, and at that point we will probably erect a little bit of signage and the company will hopefully bring some of their potential customers there," Kruysse said.
But a few extra foursomes at the district-owned course aren't the only benefit to North Vancouver taxpayers, he said. The LEDs will last far longer than conventional bulbs -- as long as 15 years -- which will save labour costs in the long term. The expected 80 per cent drop in lighting electricity usage should save 27 kW-h, or $1,875 annually.
Energy manager Dominica Babicki said the district will check on the actual savings after one year has passed. If the project is deemed a success, the district may start swapping the lights in other municipal buildings.
"This is the biggest shift since the light bulb was first invented," she said. "It's like going from a typewriter to a PC, that's how big this change is."
Of course the district won't be getting the next batch of LEDs for free, but Babicki said it's hard to say how the economics will stack up when the district has to pay market price for the lights. But with most major lighting manufacturers moving towards LEDs, prices should fall before the district is looking to refit another building.
"The computer analogy works well," she said. "When computers first came out they were very expensive. But very quickly, the computer went from many thousands to the $1,500-mark and then stabilized."
balldritt@nsnews.com
© Copyright (c) North Shore News
Read more: http://www.nsnews.com/news/Joint+project+tees+Northlands/3539168/story.html#ixzz0zoSbTimr
if we just keep hitting the offer, this thing will move. whoever is selling at these prices can not see the big picture.
i think is some great fire power for mantra in the big picture of things.
this will be amazing.
MVTG Hires serious firepower. nice amo
Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce the signing of a Teaming Agreement with Solid Team LLC of Claremont, California, a U.S. management group.
Solid Team LLC is a management firm whose partners are senior American executives that have strong track record of accomplishment in both industry and government. Thomas Noel, the former U.S. Assistant Secretary of Energy and Chief Executive Officer or ERCOT, the Texas electrical grid company, and William McLaughlin, founder of Toxco, the world’s largest recycler of lithium, and a major developer of Carbon Offset Credit programs will work side by side with Mantra in pending projects in Canada and the United States. Marcus Mota e Silva, former President of California Steel; retired U.S. Army Major General Nicholas Krawciw; and Bradley Jacobs, former Assessor of the County of Orange will also complement Mantra’s management team.
William McLaughlin of Solid Team said: “proper development and implementation of the Mantra process will have a major impact on the reduction of greenhouse gas generation in the world and play a significant role in the reducing the effects of Climate Change in the United States. Carbon dioxide from coal fired plants cause 30% of that country’s greenhouse gases.” He went on to say: “we at Solid Team expect to find major investment to improve the company’s financial base and to obtain contracts from the U.S.”
Thomas Noel of Solid Team referred to the Mantra process as a potential “Game Changer” when it comes to the use of coal in the generation of electrical power, and power for industry. Coal, one of the least expensive sources of power, now has a chance of being used without the severely negative environmental consequences of which we have only recently become aware. In addition, the Mantra process yields a saleable green chemical, formic acid, which is highly valuable.
Mr. Larry Kristof, Mantra’s CEO, had this to say about the new relationship between Mantra and Solid Team: “We are pleased to have access to the skills and experience of Solid Team – this is the next stage in building our corporate management team. The Solid Team partners have built innovative, new technology companies from concept to commercialization, they have walked the corridors of U.S. government power – they know how it works and can guide us. Thru them we will gain traction in the U.S. with both clients and investors. This is an exciting development.”
Mr. John Russell of Mantra Energy commented: “We have done the hard development work in the lab, and now our ERC technology needs to be known and appreciated. Solid Team will assist us in making it happen. This will establish a much larger footprint in the United States for Mantra.”
Following signing of the agreement, the first action by Mantra and Solid Team was to send in an abstract proposal to the US Department of Energy related to the Mantra carbon reduction and recycling process. DOE responded: “the abstract proposal has been received by the Department of Energy and has been forwarded for review. We expect the results within 4 to 6 weeks”.
Mantra's ERC technology
The ERC process, the "Electrochemical Reduction of Carbon Dioxide," combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of Fossil Fuels. ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy (forms of clean or renewable energy).
About Mantra Venture Group Ltd.
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Solid Team
Solid Team, LLC is a management company specializing in environmental issues related to climate change and the U.S. export trade for both agricultural and high tech products. To learn more about Solid Team please visit their website at www.solidteam.com
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
MVTG Hires serious firepower. US Military
Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce the signing of a Teaming Agreement with Solid Team LLC of Claremont, California, a U.S. management group.
Solid Team LLC is a management firm whose partners are senior American executives that have strong track record of accomplishment in both industry and government. Thomas Noel, the former U.S. Assistant Secretary of Energy and Chief Executive Officer or ERCOT, the Texas electrical grid company, and William McLaughlin, founder of Toxco, the world’s largest recycler of lithium, and a major developer of Carbon Offset Credit programs will work side by side with Mantra in pending projects in Canada and the United States. Marcus Mota e Silva, former President of California Steel; retired U.S. Army Major General Nicholas Krawciw; and Bradley Jacobs, former Assessor of the County of Orange will also complement Mantra’s management team.
William McLaughlin of Solid Team said: “proper development and implementation of the Mantra process will have a major impact on the reduction of greenhouse gas generation in the world and play a significant role in the reducing the effects of Climate Change in the United States. Carbon dioxide from coal fired plants cause 30% of that country’s greenhouse gases.” He went on to say: “we at Solid Team expect to find major investment to improve the company’s financial base and to obtain contracts from the U.S.”
Thomas Noel of Solid Team referred to the Mantra process as a potential “Game Changer” when it comes to the use of coal in the generation of electrical power, and power for industry. Coal, one of the least expensive sources of power, now has a chance of being used without the severely negative environmental consequences of which we have only recently become aware. In addition, the Mantra process yields a saleable green chemical, formic acid, which is highly valuable.
Mr. Larry Kristof, Mantra’s CEO, had this to say about the new relationship between Mantra and Solid Team: “We are pleased to have access to the skills and experience of Solid Team – this is the next stage in building our corporate management team. The Solid Team partners have built innovative, new technology companies from concept to commercialization, they have walked the corridors of U.S. government power – they know how it works and can guide us. Thru them we will gain traction in the U.S. with both clients and investors. This is an exciting development.”
Mr. John Russell of Mantra Energy commented: “We have done the hard development work in the lab, and now our ERC technology needs to be known and appreciated. Solid Team will assist us in making it happen. This will establish a much larger footprint in the United States for Mantra.”
Following signing of the agreement, the first action by Mantra and Solid Team was to send in an abstract proposal to the US Department of Energy related to the Mantra carbon reduction and recycling process. DOE responded: “the abstract proposal has been received by the Department of Energy and has been forwarded for review. We expect the results within 4 to 6 weeks”.
Mantra's ERC technology
The ERC process, the "Electrochemical Reduction of Carbon Dioxide," combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of Fossil Fuels. ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy (forms of clean or renewable energy).
About Mantra Venture Group Ltd.
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Solid Team
Solid Team, LLC is a management company specializing in environmental issues related to climate change and the U.S. export trade for both agricultural and high tech products. To learn more about Solid Team please visit their website at www.solidteam.com
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
MVTG Hires serious firepower.
Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce the signing of a Teaming Agreement with Solid Team LLC of Claremont, California, a U.S. management group.
Solid Team LLC is a management firm whose partners are senior American executives that have strong track record of accomplishment in both industry and government. Thomas Noel, the former U.S. Assistant Secretary of Energy and Chief Executive Officer or ERCOT, the Texas electrical grid company, and William McLaughlin, founder of Toxco, the world’s largest recycler of lithium, and a major developer of Carbon Offset Credit programs will work side by side with Mantra in pending projects in Canada and the United States. Marcus Mota e Silva, former President of California Steel; retired U.S. Army Major General Nicholas Krawciw; and Bradley Jacobs, former Assessor of the County of Orange will also complement Mantra’s management team.
William McLaughlin of Solid Team said: “proper development and implementation of the Mantra process will have a major impact on the reduction of greenhouse gas generation in the world and play a significant role in the reducing the effects of Climate Change in the United States. Carbon dioxide from coal fired plants cause 30% of that country’s greenhouse gases.” He went on to say: “we at Solid Team expect to find major investment to improve the company’s financial base and to obtain contracts from the U.S.”
Thomas Noel of Solid Team referred to the Mantra process as a potential “Game Changer” when it comes to the use of coal in the generation of electrical power, and power for industry. Coal, one of the least expensive sources of power, now has a chance of being used without the severely negative environmental consequences of which we have only recently become aware. In addition, the Mantra process yields a saleable green chemical, formic acid, which is highly valuable.
Mr. Larry Kristof, Mantra’s CEO, had this to say about the new relationship between Mantra and Solid Team: “We are pleased to have access to the skills and experience of Solid Team – this is the next stage in building our corporate management team. The Solid Team partners have built innovative, new technology companies from concept to commercialization, they have walked the corridors of U.S. government power – they know how it works and can guide us. Thru them we will gain traction in the U.S. with both clients and investors. This is an exciting development.”
Mr. John Russell of Mantra Energy commented: “We have done the hard development work in the lab, and now our ERC technology needs to be known and appreciated. Solid Team will assist us in making it happen. This will establish a much larger footprint in the United States for Mantra.”
Following signing of the agreement, the first action by Mantra and Solid Team was to send in an abstract proposal to the US Department of Energy related to the Mantra carbon reduction and recycling process. DOE responded: “the abstract proposal has been received by the Department of Energy and has been forwarded for review. We expect the results within 4 to 6 weeks”.
Mantra's ERC technology
The ERC process, the "Electrochemical Reduction of Carbon Dioxide," combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of Fossil Fuels. ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy (forms of clean or renewable energy).
About Mantra Venture Group Ltd.
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Solid Team
Solid Team, LLC is a management company specializing in environmental issues related to climate change and the U.S. export trade for both agricultural and high tech products. To learn more about Solid Team please visit their website at www.solidteam.com
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
its like they hired the army haha. very good political connections here. Go to solidteam.com and read about these boys. very very very very impressive.
and more news. VERY IMPRESSIVE
Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce the signing of a Teaming Agreement with Solid Team LLC of Claremont, California, a U.S. management group.
Solid Team LLC is a management firm whose partners are senior American executives that have strong track record of accomplishment in both industry and government. Thomas Noel, the former U.S. Assistant Secretary of Energy and Chief Executive Officer or ERCOT, the Texas electrical grid company, and William McLaughlin, founder of Toxco, the world’s largest recycler of lithium, and a major developer of Carbon Offset Credit programs will work side by side with Mantra in pending projects in Canada and the United States. Marcus Mota e Silva, former President of California Steel; retired U.S. Army Major General Nicholas Krawciw; and Bradley Jacobs, former Assessor of the County of Orange will also complement Mantra’s management team.
William McLaughlin of Solid Team said: “proper development and implementation of the Mantra process will have a major impact on the reduction of greenhouse gas generation in the world and play a significant role in the reducing the effects of Climate Change in the United States. Carbon dioxide from coal fired plants cause 30% of that country’s greenhouse gases.” He went on to say: “we at Solid Team expect to find major investment to improve the company’s financial base and to obtain contracts from the U.S.”
Thomas Noel of Solid Team referred to the Mantra process as a potential “Game Changer” when it comes to the use of coal in the generation of electrical power, and power for industry. Coal, one of the least expensive sources of power, now has a chance of being used without the severely negative environmental consequences of which we have only recently become aware. In addition, the Mantra process yields a saleable green chemical, formic acid, which is highly valuable.
Mr. Larry Kristof, Mantra’s CEO, had this to say about the new relationship between Mantra and Solid Team: “We are pleased to have access to the skills and experience of Solid Team – this is the next stage in building our corporate management team. The Solid Team partners have built innovative, new technology companies from concept to commercialization, they have walked the corridors of U.S. government power – they know how it works and can guide us. Thru them we will gain traction in the U.S. with both clients and investors. This is an exciting development.”
Mr. John Russell of Mantra Energy commented: “We have done the hard development work in the lab, and now our ERC technology needs to be known and appreciated. Solid Team will assist us in making it happen. This will establish a much larger footprint in the United States for Mantra.”
Following signing of the agreement, the first action by Mantra and Solid Team was to send in an abstract proposal to the US Department of Energy related to the Mantra carbon reduction and recycling process. DOE responded: “the abstract proposal has been received by the Department of Energy and has been forwarded for review. We expect the results within 4 to 6 weeks”.
Mantra's ERC technology
The ERC process, the "Electrochemical Reduction of Carbon Dioxide," combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of Fossil Fuels. ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy (forms of clean or renewable energy).
About Mantra Venture Group Ltd.
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Solid Team
Solid Team, LLC is a management company specializing in environmental issues related to climate change and the U.S. export trade for both agricultural and high tech products. To learn more about Solid Team please visit their website at www.solidteam.com
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
these bids are looking great. summer is over and now we slowly chip away to a higher price.
lets let Mantra breathe people.
i agree, look at the bid support. awesome stuff.
i have the article also.
Carbon recycling would be commercial with 1% of funding given to CCS: Q&A with Mantra Energy Print
Written by Perry Hoffman
Wednesday, 08 September 2010 11:26
When it comes to dealing with carbon emissions, the Canadian government along with Alberta and Saskatchewan are content to bury the problem. Pun intended. They appear to be focused exclusively on carbon capture and storage (CCS) rather than turning to science to help solve the CO2 emissions problem.
This was one of the comments Larry Kristof, president and CEO of carbon recycling technology company Mantra Energy, made to Canadian Green Tech in an interview late last month. While he’s not against CCS, he says carbon recycling plants would be operating today if the technology had received a miniscule portion of funding committed by various levels of government in Canada to CCS.
“If they gave us 1% of the funding they’ve given to CCS – not just Mantra but all the other companies in this field – you’d have these technologies commercialized already. You’d have them in industry, they would be reducing CO2 and people would be capitalizing off of these technologies,” says Kristof.
Mantra has received a fair amount of attention from Asian interests, recently finalizing the terms and conditions of a carbon recycling facility in Korea. To date, carbon recycling deals have been absent from the North American landscape, but Kristof says that will change. He’s just not able to talk about any of those emerging opportunities at the moment.
Despite the lack of interest in carbon recycling in North America, Kristof insists that his technology will make it to market before CCS. In three to five years, carbon recycling will be commercialized about the same time as CCS begins testing, he says.
The Mantra chief executive took time out of his busy schedule to talk with Canadian Green Tech about its recent deal with Korea Southern Power (KOSPO) and KC Cottrell, North American carbon recycling landscape and the Canadian view of carbon recycling technology. Its technology is officially called electroreduction of carbon dioxide (ERC).
Below is a transcript of the conversation between Kristof and Canadian Green Tech managing editor Perry Hoffman. The transcript has been edited for length and style.
Perry Hoffman: How important is the deal with KOSPO and KC Cottrell in terms of solidifying the company’s ability to recycle CO2 into useful products?
Larry Kristof: It gets us out of the lab so it’s absolutely critical. It will allow us to get into the field and see how some of the other elements out of flue gas affect the system and give us the appropriate data to move forward towards larger and commercial units. It will provide us with the data to move forward towards the commercialization process.
PH: How much carbon will the facility be able to recycle?
LK: We’re actually keeping it down to approximately 50 to 100 kilograms per day to minimize the amount of downtime you need to run tests or change, fix or tweak something in the cell. Even the 1 kilogram cell takes a couple of hours to get it out of the bench scale unit and take it apart. With the 50 kg unit, you’re talking a day of downtime, if not two, to take it apart and tweak it. Before going into the 1 tonne or 10 tonne type environment, you want to be real sure your system is operating as efficiently and smoothly as possible.
PH: When you talk about tonnes, is that what you would consider commercial scale?
LK: I think you could call tonnes commercial. There are going to be applications for this to just do one to 10 tonnes in some niche applications. Of course we would rather see volume amounts of CO2 being reduced – 600 tonnes. Our goal is to have large plants. But there is a lot of talk with different companies right now about niche applications for this technology, one being the Switzerland group we’re tied to that’s producing hydrogen on demand from formic acid. By doing that they produce CO2, we’d recapture it and we’d put it back into the ERC unit and create formic acid for their hydrogen production in a closed loop system.
PH: When is the facility expected to be complete and go into operations?
LK: It will take us six months to build this demonstration unit, so we’ll be operating in the spring or early next summer.
PH: Is there a time frame on how long the facility has to be in operation before a decision is made on building a larger plant?
LK: We’re hoping to build the plant in 6 months and then test and evaluate for a further six to nine months if you include engineering for the next stage, the next pilot, pre-commercial or commercial plant.
PH: So you’re going to do this first 50 to 100 kilogram facility and then scale up a bit at a time?
LK: This first set of tests will give us data on how the system reacts to flue gas, different temperatures and if there is particulate such as SOx, NOx in the captured CO2. Then we will scale up to a larger volume to see how the system reacts to that as well as different applications such as a power facility, cement production, a steel facility and an ammonia facility. So we’re working feverishly on dotting the I’s and crossing T’s and hopefully we’ll have some news in early September on that.
PH: You talked about the different sectors that carbon recycling can work in. The KOSPO and KC Cottrell deal is with a coal-fired power plant, can you talk about other projects with industrial emitters such as cement factories?
LK: Not right now, but we’re quite excited about it.
PH: The deal in Korea shows that there is interest in Asia. What about in North America? We hear a lot about carbon capture and storage in North America, but little on carbon recycling.
LK: That’s how we deal with our problems over here, we just bury them. No pun intended. But there is some exciting stuff happening in North America. People are catching on. The education through the course of this year has really paid off. It all boils down to using CO2 as a feedstock. What other alternative energy or fuel has this available cheap, free, pay you to take it type of feedstock? Nothing.
PH: As you know the federal government, Alberta and Saskatchewan have hitched their wagons to CCS. Why do you think that Alberta, Saskatchewan and the feds seem to think that CCS is the silver bullet here?
LK: I link it to the lack of education. You know how many people come by our lab – politicians and industrial companies – that say they had no clue that this was plausible. It just hasn’t gotten the right attention. It is coming, it’s starting to happen. It just hasn’t been highlighted as a possibility.
I think David Suzuki said it best. In an interview, he said CCS is crazy talk. Go to science, science has ways to deal with CO2. Make it economical, make it useful, it’s there. If they gave us 1% of the funding they’ve given to CCS – not just Mantra but all the other companies in this field – you’d have these technologies commercialized already. You’d have them in industry, they would be reducing CO2 and people would be capitalizing off of these technologies.
PH: The federal government has committed $500 million in funding for CCS and Alberta has contributed $1.2 billion. How much has been invested by the various levels of government in Canada in carbon recycling technology and how much has Mantra received?
LK: We’ve received $125k from Industry Canada’s Industrial Research Assistance Program (IRAP).
PH: What is Mantra doing to educate government and industry about carbon recycling technology so they take a serious look at it?
LK: Mantra’s focus was really to make sure we got this aggressive program put forward and push the R&D process and at the same time as much as we could get the message out.
We’ve done more this year in educating people, through media, through networking and through municipal contacts. We had the climate action minister for BC, Minister John Yap come down to the lab and he said he didn’t know this existed. He had no idea and it’s in his backyard. Maybe we’re not doing enough.
PH: Do you think showing positive results from the plant in Korea might be a tipping point for companies and government here in North America?
LK: Absolutely. Once you’re in the field reducing CO2 emissions from industrial gas or power producing flue gas, we should see some movement here.
If you look at enhanced oil recovery and CCS, their demonstration projects aren’t slated for a couple of years, 2013-2015, and they’re hundreds of millions of dollars to do those demonstrations. We’re doing the same type of idea – yes, it’s not volumes – but we’re demonstrating in the field that this can be done and we’re doing it for a couple million dollars.
PH: What is the cost of building the demonstration facility in Korea?
LK: It’s about a million bucks. It’s still somewhat small, but it gives you the data.
PH: Based on your experience of commercializing technology, when do you think that carbon recycling technology will be commercialized?
LK: Three to five years.
PH: Are you going to be beat CCS to the market?
LK: Yes, CCS will only be testing in three to five.
well at least they file unlike a number of companies that end up on the pinks. doesn't bother me as long as it gets done.
thats awesome. good for you.
i think with a nice awareness program when all the ducks are lined up. this company will do wonders. i think we have cleaned up all the stock here at these prices which i believe has happened and then the only way we go can is up.
looks great. a nice cleanup today.
hahah ive been long for ages, just trying to get the word out. just take a peak, due your dd. this needs some exposure. when actual big news come, i will post here again and then you can make your judgement. just trying to get this on the radar.
hey guys check this one out-MVTG enter into LED market- NEWS NEWS - Mantra announces LED lighting retrofit demonstration project for the District of North Vancouver, B.C.
Mantra Venture Group Ltd. ('Mantra') (OTCBB: MVTG) (FRANKFURT: 5MV) is pleased to announce that Climate ESCO Ltd. (CE), a wholly owned subsidiary of Mantra, has secured a demonstration project using its new LED (Light Emitting Diode) lighting products for the District of North Vancouver.
The agreement is focused on demonstrating the application of LED interior luminaries for community properties. LED lighting is the most advanced lighting technology today and are up to 80% more efficient than incandescent or fluorescent lighting. The District of North Vancouver is keen to test the new LED technology to provide green leadership in their community and measure the environmental and costs savings associated with using LED (Light Emitting Diode) lighting.
The District is utilizing the Northlands Golf and Country Club for the project and CE is now under way to retrofit the entire club house interior lighting system. The demonstration project will show how a commercial size building can reduce its energy consumption, maintenance costs and carbon footprint through energy efficient LED lighting. While the long-term financial and environmental benefits of the country club are anticipated, the safety, security, visibility and visual comfort of the club house will also be significantly improved. The District has agreed to employ an independent third-party industry expert who will monitor the project.
Climate ESCO anticipates an independent report to confirm the advantages of using LED lighting, including the economics of retrofitting North Vancouver District properties on a larger scale. Completion of the installation is anticipated by the end of September 2010.
Shawn Kim, CE's president, commented: "We are very excited to be bringing the latest in LED lighting to the District of North Vancouver where we expect to see powerful reviews. We applaud the leadership shown by the District of North Vancouver for stepping forward in this sustainable community initiative."
Larry Kristof, Mantra's CEO, also commented: "Mantra has been committed in LED lighting since its inception because of its potential to reduce electric power demand. The US has estimated that full implementation of LED in place of existing incandescent and fluorescent lighting has the potential to reduce demand by 26%. LED lighting is the single most effective way to instantly reduce energy consumption. The economics from the user's point of view are very attractive: after an initial capital cost of replacement (partly offset by incentives from governments and power utilities), the user saves thereafter on electric power and maintenance. The maintenance savings from LED lamps that last 10 to 14 years in regular use is substantial. LED lamps generate significantly less heat; therefore creating additional savings on air conditioning costs."
About Climate ESCO Ltd.
Climate ESCO LTD. (CE) is a wholly owned subsidiary of Mantra Venture Group Ltd. The Vision of CE is to source out and identify new and innovative ways to reduce public and private organizations carbon footprint and global climatic impact. CE will achieve this through identification of enhancements or new efficiencies in existing technologies or new cutting edge solutions. The goal is for CE to be a turnkey solution for companies to turn to for saving electric energy and using new technologies to reduce power consumption while decreasing expenditures over time. Climate ESCO is dedicated to provide the best available products with the best economics that will also allow environmental responsibility and through association with CE companies will legitimize their commitment to green technologies.
LED (Light Emitting Diode) is the first technology adopted by Climate ESCO because of its remarkable potential to reduce demand for electrify. CE has sought and secured relationship with leading manufactures from around the globe.
About Mantra Venture Group Ltd.
Mantra owns a portfolio of companies focused on sustainable energy, carbon reduction and consumer product subsidiaries. Mantra's mission is to be a leader in the green technology marketplace using an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Mantra Venture Group
Corporate Communications
Kol Henrikson
khenrikson@mantraenergy.com
1-604-535-4145
MVTG enter into LED market with the latest in LEDs- NEWS NEWS - Mantra announces LED lighting retrofit demonstration project for the District of North Vancouver, B.C.
Mantra Venture Group Ltd. ('Mantra') (OTCBB: MVTG) (FRANKFURT: 5MV) is pleased to announce that Climate ESCO Ltd. (CE), a wholly owned subsidiary of Mantra, has secured a demonstration project using its new LED (Light Emitting Diode) lighting products for the District of North Vancouver.
The agreement is focused on demonstrating the application of LED interior luminaries for community properties. LED lighting is the most advanced lighting technology today and are up to 80% more efficient than incandescent or fluorescent lighting. The District of North Vancouver is keen to test the new LED technology to provide green leadership in their community and measure the environmental and costs savings associated with using LED (Light Emitting Diode) lighting.
The District is utilizing the Northlands Golf and Country Club for the project and CE is now under way to retrofit the entire club house interior lighting system. The demonstration project will show how a commercial size building can reduce its energy consumption, maintenance costs and carbon footprint through energy efficient LED lighting. While the long-term financial and environmental benefits of the country club are anticipated, the safety, security, visibility and visual comfort of the club house will also be significantly improved. The District has agreed to employ an independent third-party industry expert who will monitor the project.
Climate ESCO anticipates an independent report to confirm the advantages of using LED lighting, including the economics of retrofitting North Vancouver District properties on a larger scale. Completion of the installation is anticipated by the end of September 2010.
Shawn Kim, CE's president, commented: "We are very excited to be bringing the latest in LED lighting to the District of North Vancouver where we expect to see powerful reviews. We applaud the leadership shown by the District of North Vancouver for stepping forward in this sustainable community initiative."
Larry Kristof, Mantra's CEO, also commented: "Mantra has been committed in LED lighting since its inception because of its potential to reduce electric power demand. The US has estimated that full implementation of LED in place of existing incandescent and fluorescent lighting has the potential to reduce demand by 26%. LED lighting is the single most effective way to instantly reduce energy consumption. The economics from the user's point of view are very attractive: after an initial capital cost of replacement (partly offset by incentives from governments and power utilities), the user saves thereafter on electric power and maintenance. The maintenance savings from LED lamps that last 10 to 14 years in regular use is substantial. LED lamps generate significantly less heat; therefore creating additional savings on air conditioning costs."
About Climate ESCO Ltd.
Climate ESCO LTD. (CE) is a wholly owned subsidiary of Mantra Venture Group Ltd. The Vision of CE is to source out and identify new and innovative ways to reduce public and private organizations carbon footprint and global climatic impact. CE will achieve this through identification of enhancements or new efficiencies in existing technologies or new cutting edge solutions. The goal is for CE to be a turnkey solution for companies to turn to for saving electric energy and using new technologies to reduce power consumption while decreasing expenditures over time. Climate ESCO is dedicated to provide the best available products with the best economics that will also allow environmental responsibility and through association with CE companies will legitimize their commitment to green technologies.
LED (Light Emitting Diode) is the first technology adopted by Climate ESCO because of its remarkable potential to reduce demand for electrify. CE has sought and secured relationship with leading manufactures from around the globe.
About Mantra Venture Group Ltd.
Mantra owns a portfolio of companies focused on sustainable energy, carbon reduction and consumer product subsidiaries. Mantra's mission is to be a leader in the green technology marketplace using an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Mantra Venture Group
Corporate Communications
Kol Henrikson
khenrikson@mantraenergy.com
1-604-535-4145
MVTG enters into LED market- NEWS NEWS - More AMO-
Mantra announces LED lighting retrofit demonstration project for the District of North Vancouver, B.C.
Mantra Venture Group Ltd. ('Mantra') (OTCBB: MVTG) (FRANKFURT: 5MV) is pleased to announce that Climate ESCO Ltd. (CE), a wholly owned subsidiary of Mantra, has secured a demonstration project using its new LED (Light Emitting Diode) lighting products for the District of North Vancouver.
The agreement is focused on demonstrating the application of LED interior luminaries for community properties. LED lighting is the most advanced lighting technology today and are up to 80% more efficient than incandescent or fluorescent lighting. The District of North Vancouver is keen to test the new LED technology to provide green leadership in their community and measure the environmental and costs savings associated with using LED (Light Emitting Diode) lighting.
The District is utilizing the Northlands Golf and Country Club for the project and CE is now under way to retrofit the entire club house interior lighting system. The demonstration project will show how a commercial size building can reduce its energy consumption, maintenance costs and carbon footprint through energy efficient LED lighting. While the long-term financial and environmental benefits of the country club are anticipated, the safety, security, visibility and visual comfort of the club house will also be significantly improved. The District has agreed to employ an independent third-party industry expert who will monitor the project.
Climate ESCO anticipates an independent report to confirm the advantages of using LED lighting, including the economics of retrofitting North Vancouver District properties on a larger scale. Completion of the installation is anticipated by the end of September 2010.
Shawn Kim, CE's president, commented: "We are very excited to be bringing the latest in LED lighting to the District of North Vancouver where we expect to see powerful reviews. We applaud the leadership shown by the District of North Vancouver for stepping forward in this sustainable community initiative."
Larry Kristof, Mantra's CEO, also commented: "Mantra has been committed in LED lighting since its inception because of its potential to reduce electric power demand. The US has estimated that full implementation of LED in place of existing incandescent and fluorescent lighting has the potential to reduce demand by 26%. LED lighting is the single most effective way to instantly reduce energy consumption. The economics from the user's point of view are very attractive: after an initial capital cost of replacement (partly offset by incentives from governments and power utilities), the user saves thereafter on electric power and maintenance. The maintenance savings from LED lamps that last 10 to 14 years in regular use is substantial. LED lamps generate significantly less heat; therefore creating additional savings on air conditioning costs."
About Climate ESCO Ltd.
Climate ESCO LTD. (CE) is a wholly owned subsidiary of Mantra Venture Group Ltd. The Vision of CE is to source out and identify new and innovative ways to reduce public and private organizations carbon footprint and global climatic impact. CE will achieve this through identification of enhancements or new efficiencies in existing technologies or new cutting edge solutions. The goal is for CE to be a turnkey solution for companies to turn to for saving electric energy and using new technologies to reduce power consumption while decreasing expenditures over time. Climate ESCO is dedicated to provide the best available products with the best economics that will also allow environmental responsibility and through association with CE companies will legitimize their commitment to green technologies.
LED (Light Emitting Diode) is the first technology adopted by Climate ESCO because of its remarkable potential to reduce demand for electrify. CE has sought and secured relationship with leading manufactures from around the globe.
About Mantra Venture Group Ltd.
Mantra owns a portfolio of companies focused on sustainable energy, carbon reduction and consumer product subsidiaries. Mantra's mission is to be a leader in the green technology marketplace using an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Mantra Venture Group
Corporate Communications
Kol Henrikson
khenrikson@mantraenergy.com
1-604-535-4145
MVTG enters into LED market- NEWS NEWS - Mantra announces LED lighting retrofit demonstration project for the District of North Vancouver, B.C.
Mantra Venture Group Ltd. ('Mantra') (OTCBB: MVTG) (FRANKFURT: 5MV) is pleased to announce that Climate ESCO Ltd. (CE), a wholly owned subsidiary of Mantra, has secured a demonstration project using its new LED (Light Emitting Diode) lighting products for the District of North Vancouver.
The agreement is focused on demonstrating the application of LED interior luminaries for community properties. LED lighting is the most advanced lighting technology today and are up to 80% more efficient than incandescent or fluorescent lighting. The District of North Vancouver is keen to test the new LED technology to provide green leadership in their community and measure the environmental and costs savings associated with using LED (Light Emitting Diode) lighting.
The District is utilizing the Northlands Golf and Country Club for the project and CE is now under way to retrofit the entire club house interior lighting system. The demonstration project will show how a commercial size building can reduce its energy consumption, maintenance costs and carbon footprint through energy efficient LED lighting. While the long-term financial and environmental benefits of the country club are anticipated, the safety, security, visibility and visual comfort of the club house will also be significantly improved. The District has agreed to employ an independent third-party industry expert who will monitor the project.
Climate ESCO anticipates an independent report to confirm the advantages of using LED lighting, including the economics of retrofitting North Vancouver District properties on a larger scale. Completion of the installation is anticipated by the end of September 2010.
Shawn Kim, CE's president, commented: "We are very excited to be bringing the latest in LED lighting to the District of North Vancouver where we expect to see powerful reviews. We applaud the leadership shown by the District of North Vancouver for stepping forward in this sustainable community initiative."
Larry Kristof, Mantra's CEO, also commented: "Mantra has been committed in LED lighting since its inception because of its potential to reduce electric power demand. The US has estimated that full implementation of LED in place of existing incandescent and fluorescent lighting has the potential to reduce demand by 26%. LED lighting is the single most effective way to instantly reduce energy consumption. The economics from the user's point of view are very attractive: after an initial capital cost of replacement (partly offset by incentives from governments and power utilities), the user saves thereafter on electric power and maintenance. The maintenance savings from LED lamps that last 10 to 14 years in regular use is substantial. LED lamps generate significantly less heat; therefore creating additional savings on air conditioning costs."
About Climate ESCO Ltd.
Climate ESCO LTD. (CE) is a wholly owned subsidiary of Mantra Venture Group Ltd. The Vision of CE is to source out and identify new and innovative ways to reduce public and private organizations carbon footprint and global climatic impact. CE will achieve this through identification of enhancements or new efficiencies in existing technologies or new cutting edge solutions. The goal is for CE to be a turnkey solution for companies to turn to for saving electric energy and using new technologies to reduce power consumption while decreasing expenditures over time. Climate ESCO is dedicated to provide the best available products with the best economics that will also allow environmental responsibility and through association with CE companies will legitimize their commitment to green technologies.
LED (Light Emitting Diode) is the first technology adopted by Climate ESCO because of its remarkable potential to reduce demand for electrify. CE has sought and secured relationship with leading manufactures from around the globe.
About Mantra Venture Group Ltd.
Mantra owns a portfolio of companies focused on sustainable energy, carbon reduction and consumer product subsidiaries. Mantra's mission is to be a leader in the green technology marketplace using an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Mantra Venture Group
Corporate Communications
Kol Henrikson
khenrikson@mantraenergy.com
1-604-535-4145
MVTG enter into LED market- NEWS NEWS - Mantra announces LED lighting retrofit demonstration project for the District of North Vancouver, B.C.
Mantra Venture Group Ltd. ('Mantra') (OTCBB: MVTG) (FRANKFURT: 5MV) is pleased to announce that Climate ESCO Ltd. (CE), a wholly owned subsidiary of Mantra, has secured a demonstration project using its new LED (Light Emitting Diode) lighting products for the District of North Vancouver.
The agreement is focused on demonstrating the application of LED interior luminaries for community properties. LED lighting is the most advanced lighting technology today and are up to 80% more efficient than incandescent or fluorescent lighting. The District of North Vancouver is keen to test the new LED technology to provide green leadership in their community and measure the environmental and costs savings associated with using LED (Light Emitting Diode) lighting.
The District is utilizing the Northlands Golf and Country Club for the project and CE is now under way to retrofit the entire club house interior lighting system. The demonstration project will show how a commercial size building can reduce its energy consumption, maintenance costs and carbon footprint through energy efficient LED lighting. While the long-term financial and environmental benefits of the country club are anticipated, the safety, security, visibility and visual comfort of the club house will also be significantly improved. The District has agreed to employ an independent third-party industry expert who will monitor the project.
Climate ESCO anticipates an independent report to confirm the advantages of using LED lighting, including the economics of retrofitting North Vancouver District properties on a larger scale. Completion of the installation is anticipated by the end of September 2010.
Shawn Kim, CE's president, commented: "We are very excited to be bringing the latest in LED lighting to the District of North Vancouver where we expect to see powerful reviews. We applaud the leadership shown by the District of North Vancouver for stepping forward in this sustainable community initiative."
Larry Kristof, Mantra's CEO, also commented: "Mantra has been committed in LED lighting since its inception because of its potential to reduce electric power demand. The US has estimated that full implementation of LED in place of existing incandescent and fluorescent lighting has the potential to reduce demand by 26%. LED lighting is the single most effective way to instantly reduce energy consumption. The economics from the user's point of view are very attractive: after an initial capital cost of replacement (partly offset by incentives from governments and power utilities), the user saves thereafter on electric power and maintenance. The maintenance savings from LED lamps that last 10 to 14 years in regular use is substantial. LED lamps generate significantly less heat; therefore creating additional savings on air conditioning costs."
About Climate ESCO Ltd.
Climate ESCO LTD. (CE) is a wholly owned subsidiary of Mantra Venture Group Ltd. The Vision of CE is to source out and identify new and innovative ways to reduce public and private organizations carbon footprint and global climatic impact. CE will achieve this through identification of enhancements or new efficiencies in existing technologies or new cutting edge solutions. The goal is for CE to be a turnkey solution for companies to turn to for saving electric energy and using new technologies to reduce power consumption while decreasing expenditures over time. Climate ESCO is dedicated to provide the best available products with the best economics that will also allow environmental responsibility and through association with CE companies will legitimize their commitment to green technologies.
LED (Light Emitting Diode) is the first technology adopted by Climate ESCO because of its remarkable potential to reduce demand for electrify. CE has sought and secured relationship with leading manufactures from around the globe.
About Mantra Venture Group Ltd.
Mantra owns a portfolio of companies focused on sustainable energy, carbon reduction and consumer product subsidiaries. Mantra's mission is to be a leader in the green technology marketplace using an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Mantra Venture Group
Corporate Communications
Kol Henrikson
khenrikson@mantraenergy.com
1-604-535-4145
i just received this from HQ also. Mantra made the top page. Canadian Green Tech. Im having trouble logging in to the site to read the full article. if someone can do that and post what it says. thanks
The Canadian Green Tech Weekly Briefing features a Q&A with Mantra Energy's CEO Larry Kristof. He said with 1% of the funding that has gone to carbon capture and storage, carbon recycling would already be commercialized.
Good morning,
The Canadian Green Tech Weekly Briefing features a Q&A with Mantra Energy's CEO Larry Kristof. He said with 1% of the funding that has gone to carbon capture and storage, carbon recycling would already be commercialized. A new CD Howe Institute Report suggests that money for green tech innovations in Canada could dry up if the country links a carbon trading system with one in the US. Cisco and Itron are collaborating to bring IP-based communications to the utility market. The Canadian government has finalized renewable fuel content standards.
You will also find stories on solar module maker Silfab SpA, Nevada Geothermal, the Centre for Urban Energy, Catch the Wind and SunOpta.
Carbon recycling would be commercial with 1% of funding given to CCS: Q&A with Mantra Energy
When it comes to dealing with carbon emissions, the Canadian government along with Alberta and Saskatchewan are content to bury the problem. Pun intended. They appear to be focused exclusively on carbon capture and storage (CCS) rather than turning to science to help solve the CO2 emissions problem.
Integrating GHG emission permit trading with US potentially harmful to Canada: CD Howe
A new report from the CD Howe Institute suggests that money earmarked for green tech innovations in Canada could dry up if the Canadian government links a domestic carbon trading system with one in the US.
Cisco and Itron combining technology strengths to bring IPv6 to the utility market
Cisco Systems Inc. and Itron Inc. have inked a strategic alliance that will see the companies work to bring standardized IP-based networking to the utility sector.
Canada finalizes renewable fuel content regulations
Last week, the federal government finalized amendments to its Renewable Fuels Regulations, requiring 5% renewable content in gasoline. The new content level goes into effect on December 15.
Silfab opening manufacturing facilities to competitors
Italian solar module manufacturer Silfab SpA is making room at its 100,000 square foot production facility in Mississauga for its competitors, the company announced last week. Its local subsidiary, Silfab Ontario Inc., has decided to share its facility with other domestic and international solar companies seeking to enter the Ontario market.
Nevada Geothermal secures loan for Blue Mountain development
Nevada Geothermal Power Inc. (NGP) has become the first renewable energy developer to complete a loan guarantee through the Department of Energy's Financial Institution Partnership Program (FIPP), an important initiative for clean energy supported by the 2009 American Recovery and Reinvestment Act.
Catch the Wind and AXYS to bundle products in global sales effort
Catch the Wind Ltd. and AXYS Technologies have inked an agreement that will see the two companies combined their respective technologies in a bundled product to wind energy developers.
SunOpta sells out to US-based Mascoma
Biomass conversion technology company SunOpta BioProcess Inc. (SBI) has been sold to Mascoma Corp., a New Hampshire-based biofuel producer for about $51 million. SBI was owned by SunOpta Inc.
Urban energy research institute formed in Ontario
The Ontario government and Ryerson University are making urban energy research a major focus going forward as the two groups announced the formation of the Centre for Urban Energy (CUE).
Nevada Geothermal seeks additional financing
Nevada Geothermal Power Inc. (NGP) is looking to raise $10 million through a private placement of 20 million units to fund further development at the Blue Mountain Faulkner 1 geothermal power plant.
Kind regards,
Perry Hoffman
Managing Editor
Canadian Green Tech
Landline: 613-260-0652
Mobile: 613-878-0652
perry@canadiangreentech.ca
http://www.canadiangreentech.ca
awesome stuff.
NEWS NEWS- Mantra announces LED lighting retrofit demonstration project for the District of North Vancouver, B.C.
Mantra Venture Group Ltd. ('Mantra') (OTCBB: MVTG) (FRANKFURT: 5MV) is pleased to announce that Climate ESCO Ltd. (CE), a wholly owned subsidiary of Mantra, has secured a demonstration project using its new LED (Light Emitting Diode) lighting products for the District of North Vancouver.
The agreement is focused on demonstrating the application of LED interior luminaries for community properties. LED lighting is the most advanced lighting technology today and are up to 80% more efficient than incandescent or fluorescent lighting. The District of North Vancouver is keen to test the new LED technology to provide green leadership in their community and measure the environmental and costs savings associated with using LED (Light Emitting Diode) lighting.
The District is utilizing the Northlands Golf and Country Club for the project and CE is now under way to retrofit the entire club house interior lighting system. The demonstration project will show how a commercial size building can reduce its energy consumption, maintenance costs and carbon footprint through energy efficient LED lighting. While the long-term financial and environmental benefits of the country club are anticipated, the safety, security, visibility and visual comfort of the club house will also be significantly improved. The District has agreed to employ an independent third-party industry expert who will monitor the project.
Climate ESCO anticipates an independent report to confirm the advantages of using LED lighting, including the economics of retrofitting North Vancouver District properties on a larger scale. Completion of the installation is anticipated by the end of September 2010.
Shawn Kim, CE's president, commented: "We are very excited to be bringing the latest in LED lighting to the District of North Vancouver where we expect to see powerful reviews. We applaud the leadership shown by the District of North Vancouver for stepping forward in this sustainable community initiative."
Larry Kristof, Mantra's CEO, also commented: "Mantra has been committed in LED lighting since its inception because of its potential to reduce electric power demand. The US has estimated that full implementation of LED in place of existing incandescent and fluorescent lighting has the potential to reduce demand by 26%. LED lighting is the single most effective way to instantly reduce energy consumption. The economics from the user's point of view are very attractive: after an initial capital cost of replacement (partly offset by incentives from governments and power utilities), the user saves thereafter on electric power and maintenance. The maintenance savings from LED lamps that last 10 to 14 years in regular use is substantial. LED lamps generate significantly less heat; therefore creating additional savings on air conditioning costs."
About Climate ESCO Ltd.
Climate ESCO LTD. (CE) is a wholly owned subsidiary of Mantra Venture Group Ltd. The Vision of CE is to source out and identify new and innovative ways to reduce public and private organizations carbon footprint and global climatic impact. CE will achieve this through identification of enhancements or new efficiencies in existing technologies or new cutting edge solutions. The goal is for CE to be a turnkey solution for companies to turn to for saving electric energy and using new technologies to reduce power consumption while decreasing expenditures over time. Climate ESCO is dedicated to provide the best available products with the best economics that will also allow environmental responsibility and through association with CE companies will legitimize their commitment to green technologies.
LED (Light Emitting Diode) is the first technology adopted by Climate ESCO because of its remarkable potential to reduce demand for electrify. CE has sought and secured relationship with leading manufactures from around the globe.
About Mantra Venture Group Ltd.
Mantra owns a portfolio of companies focused on sustainable energy, carbon reduction and consumer product subsidiaries. Mantra's mission is to be a leader in the green technology marketplace using an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Mantra Venture Group
Corporate Communications
Kol Henrikson
khenrikson@mantraenergy.com
1-604-535-4145
good things take time. cheers
mantra does not want that. that is lots of wash trading to generate volume and look where they are now. We dont need people or e-mailers to pump the story, we simply need to tell the story and the technology will simply sell itself.