Canadian Incentives for Energy Storage
Unlock funding opportunities across Canada that makes adaptation of energy storage and microgrid solutions easier and more cost-effective.
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| Ontario – Save on Energy | British Columbia – Energy Storage Incentive (ESI) | Québec – Hydro-Québec Demand Response | Northwest 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.
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August 05, 2025
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.
July 22, 2024
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
Spar power received UL-1741 and CSA-22.2 certifications for Grid Connected Bidirectional Hybrid converters rated at 50, 100 and 150 kW.
Spar Power received UL-508 and CSA-22.2#286 certifications for Industrial control panels for non-hazardous locations this covers:
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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