In addition to the above independent technical validations performed by large reputable engineering firms, the Canadian Federal Government undertook their own technical validations to provide us with grants.
In 2002, Dr. Martin Hammerli from Natural Resources Canada inspected our technology in depth before committing 100% of his personal budget in the form of a repayable grant to SHEC. Although the reimbursable grant was only for $200,000, it would open the door for potentially more substantial funding from the federal government providing SHEC was able to meet certain technical advancements on time and on budget with the grant provided. SHEC was on time and on budget and exceeded the professional objectives.
Sustainable Development Technology Canada
In 2005, Sustainable Development Technology Canada (SDTC) awarded a grant of over $2 million to SHEC after a team of scientists from SDTC performed their own technical due diligence of our solar-based thermochemical hydrogen generation. They also inspected our laboratory facilities and operations.
In addition to the above, the Government of Germany had sent an engineer to check out our pilot plant. After some technical due diligence, he indicated that was one of the best technologies he had seen. Although the company was not given any type of technical validation report, within two weeks after their due diligence, the company was awarded a grant for 25 million Euros (about $40 million). That is quite a validation report.
This grant had been matched with about 37.5 million Euros. Although the grant match was never achieved, the award of such a large grant lends credence to the validation of the technology. Click here to view the document.
SRC - Saskatchewan Research Council
Sheldon Hill, Professional Engineer and Manager of the Alternative Energy Business Unit at the Saskatchewan Research Council, has conducted a high-level technology review of SHEC Energy's new Ultra Lite technology. Click here to view the document.
Although the Company was award these grants from SDTC and Germany, the company could not provide the matching funds, therefore the funds from these grant awards were not realized.