Scalable Battery Energy Storage
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News

Canadian Incentives for Energy Storage

Unlock funding opportunities across Canada that makes adaptation of energy storage and microgrid solutions easier and more cost-effective.

Ontario – Save on EnergyBritish Columbia – Energy Storage Incentive (ESI)Québec – Hydro-Québec Demand ResponseNorthwest Territories – Arctic Energy Alliance
The Save on Energy program offers up to 50% in incentives for eligible energy storage and efficiency projects.BC Hydro’s program offers up to 80% coverage on energy storage system costs, helping reduce upfront investment for demand flexibility and resilience.Earn credits by reducing electricity use during peak periods.Offer rebates for solar and battery storage projects, covering up to 50% of costs to support clean energy adoption

United States – Federal & State Incentives

National and state-level incentives, including those in New Jersey, California, Florida, Texas, Washington D.C., and more, to help businesses reduce energy storage system costs and improve efficiency.

————————————-Company News————————————————

January 21, 2026

Spar Power has partnered with the Argosea Group in the USA to deliver integrated energy and engineering solutions specifically for the marine and offshore sectors. This collaboration combines Spar Power’s Canadian-engineered experience in power technologies and energy solutions with Argosea’s experience in Novel Vessel design and focuses on maritime electrification and innovation.

The partnership focuses on three primary technology areas for Marine and offshore applications:

Engineering Services: Comprehensive system integration, from initial concept to final installation and commissioning, for marine vessels and offshore platforms.

Battery Energy Storage Systems (BESS): Implementation of modular battery solutions, including high-power Hybrid Supercapacitor systems, high-energy Lithium Iron Phosphate (LFP) batteries, and Lithium Titenate Oxide (LTO) These systems are designed to reduce emissions and provide reliable backup power for critical maritime operations. Variable Frequency Drives (VFD): Rugged motor control solutions that reduce electrical and mechanical stress during startup, improve energy efficiency reduce starting inrush currents, and essential for on board HVAC, pumping, and diesel-electric propulsion systems

Altus-350 Passed all safety and protection tests as per UL-1973 and received certificate of compliance. Thanks to the R&D Team Located in Vancouver, BC Canada.

Company launched the development of bi-directional hybrid SiC (Silicon Carbide Technology) grid support converter under the leadership of Dr. Payam Alemi.

SiC technology will improve our converter efficiency to 99% in smaller footprint.

February 2024

1. Energy Monitoring Systems (EMS) for Micro Grid.

2. Machine Monitoring Systems for Vibrations in three axis, winding and bearing temperatures (MMS)

3.  Underground Ventilation Monitoring and Control Systems for mining and underground garages, where high concentration of dangerous gases can exist such as Nox and Sox etc.

4. Other general control panels for industrial applications

October 2022

Jim Fernandez, CPA, CGA, LPA, CFE

Chartered Professional Accountant and Members of FY International Joins as a corporations’ chief financial officer.

July 2022

Two Altus-500 Super-capacitor modules, each rated at 2.04kWh installed on a transit bus for field evaluation

February 2022

Spar Power offers, Safe technology among lithium family of energy storage system, using Lithium Iron Phosphate (LiFEPo4) cells. To conquer Lithium-Ion thermal runaway problems and catching fires.

January 2022

Application submitted to US patent office for Super Capacitor Energy Storage System (SCESS)

March 2021

Started series of Energy Storage System tests for engine starters in cold weather down to -40 Deg.C

January 2021

Altus-500 Supercapacitor Energy Storage System (SCESS) got type approval from American Bureau of Shipping ABS for Marine and Offshore applications.

January 2021

LVC3-50/60, AC/DC Converter up-to 11.9 MW got type approval from American Bureau of Shipping (ABS) for Marine and Offshore applications.

September 2020

Spar Power Technologies Inc. registered for ISO 9001:2015

June 2020

R &D project to use Super capacitors for energy storage System for Industrial Applications started.

March 2020

Varitrol-600 High Efficiency Variable frequency drives got type approval from American Bureau of Shipping (ABS) for Marine, Offshore, oil and gas applications for low (690Vac) and medium voltages (6.9kVac) up-to 11 Mega Watts

October 2019

High efficiency Multilevel Variable Frequency Drives and inverters project completed and ready for production.

June 2018

Filed patent application in the US patent office for Variable Frequency Drives.

September 2017

R & D Project of High Efficiency Multi level variable Frequency Drives and Inverter Started in Association with Simon Fraser University (SFU)

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