Seaforth Energy Inc., a leading wind turbine manufacturer and renewable energy integrator, will receive $1.9 million from the Atlantic Canada Opportunities Agency (ACOA) under the Atlantic Innovation Fund (AIF) to develop new wind turbines.
The funding will be used towards Seaforth Energy’s $2.9 million R&D project already underway to extend its proven AOC turbine product line.
“Together with our recent financing rounds, this investment positions Seaforth Energy and the AOC 15/50 to capitalize on the dominant position of its 50 kW fleet,” said Jonathan Barry, president of Seaforth Energy. “We are building on the proven experience and strengths of our AOC 15/50 and EW 50 turbines to ensure the certified durability and performance continue to improve for our new turbines.”