Harnessing the power of the wind and the sun.

Mantra has secured an exclusive option to a new technology developed at the University of Toronto that can take power developed from variable sources (e.g. wind farms, tidal, etc.) and converts that power source into “grid standard”. This technology is not new but the ability to drive the technology at 1-3% savings in efficiency is. Over the life of an installation these savings will be substantial. The other potential uses of this product have not yet been quantified.

The ecoENERGY Renewable Initiative was announced in January of 2007. This is a $1.5 billion investment to put 4,000 megawatts of clean energy on the grid—energy from tides, the sun, Biomass, small hydro, and wind.

Signal Smoothing provides a substatial 1-3% savings in efficiency.

describes the system of wires and pipelines that carry energy, in the form of electricity or Natural Gas, to our homes and businesses. Currently 85% of our greenhouse gas emissions come from energy production and use, the majority of which uses the grid to funnel energy to our homes, offices and industries. Converting the grid system to be more reliant on renewable energy sources for power is one key step towards creating a sustainable energy market.

Investment in the renewable energy market is rising rapidly. A report in 2007 from Solarbuzz, a Solar Energy consultancy, states that the photovoltaic (PV) industry generated $17.2 billion in global revenues in 2007. Worldwide solar installations have a reached a high of 2,826MW, representing a 62% growth over 2006. As far as wind power is concerned, in 2007, the U.S. wind energy industry installed 5,244 megawatts (MW), expanding the nation’s total wind power Generating Capacity by 45% over 2006 and injecting an investment of over $9 billion into the economy. It is not unlikely that the U.S. will see an increase of 16,000 wind turbines per year with a value of approximately $22 billion.