A First for Quebec: Sigma Energy Storage Receives National ENERGY GLOBE National Award Canada 2016

MONTREAL, September 14, 2016 – Sigma Energy Storage Inc. is proud to have received the National ENERGY GLOBE Award Canada 2016 at a networking event organised by ADVANTAGE AUSTRIA, the
Consulate General of Austria – Commercial Section, in collaboration with the Canadian German Chamber of Commerce and Industry of Montreal. This is the first time that the award, presented by Mr. Christian Lassnig, Consul and Trade Commissioner of Austria, was given to a Quebec company. The National ENERGY GLOBE Award for Canada serves to recognize the most innovative and environmentally impactful Canadian company in the green energy sector.

Mr. Lassnig commented, “The Sigma technology is a portable, climate-resistant thermomechanical system that integrates high-pressure compressed air energy storage with a proprietary hermal recovery system to store and distribute renewable energy. It provides the missing link between renewable energy generation and its practical use by consumers. We are excited to award the National ENERGY GLOBE Award Canada 2016 to such an innovative company, a sustainable initiative for a sustainable future!”

About the ENERGY GLOBE Award
With more than 170 participating countries and over 1500 project submissions annually the ENERGY GLOBE Award is today’s most prestigious environmental prize worldwide. It distinguishes projects regionally, nationally and globally that conserve resources such as energy or utilize renewable or emission-free sources. The aim of the Energy Globe is to raise global attention on sustainable, everywhere applicable environmental solutions and to motivate people to also become active in this area.

About Sigma Energy Storage
Since its inception, Sigma Energy Storage has been working towards its goal of developing, building, and commercializing a cutting-edge green energy storage solution. This novel technology is a durable hybrid thermal-compressed air energy storage system (HT-CAES) that is suitable for use in the harsh Canadian climate. Sigma Energy Storage is currently building a 500 kW/ 2 MWh commercial-scale unit. A system of this size used in a diesel-dependent location will save upwards of 1000 tonnes of CO2e annually, while reducing the expense and environmental liability of shipping fuel through ecologically sensitive areas.
Sigma Energy Storage’s hybrid thermal-compressed air energy storage technology can be applied in many contexts. In a grid or micro-grid powered by diesel generators, such as found in remote communities like the Magdalen Islands, it reduces fossil fuel consumption, also reducing associated GHG emissions and soot. Energy storage is also key to integrating renewable energy sources such as solar, wind, or tidal power.
Alongside its management team with extensive business experience, Sigma has a multidisciplinary tech and business development team combining expertise in mechanical and chemical engineering, physics, and project management to deliver a system that will provide more people better access to cleaner, more affordable energy, worldwide.
Sigma is currently undertaking a SDTC project; their SDTC consortium and wider knowledge network includes major research organizations and pan-Canadian industrial partners.

A First for Quebec: Sigma Energy Storage Receives National ENERGY GLOBE National Award Canada 2016