Advanced material company could receive up to US$1.5M to build and demonstrate disruptive HVAC
technology
KITCHENER-WATERLOO, ON, July 15,
2024 /PRNewswire/ - Evercloak, based in Waterloo, Ontario, is accelerating the
commercialization of its market-first, building dehumidification
technology. This momentum is fueled by funding awarded through the
New York State Energy Research and
Development Authority (NYSERDA) to support a pilot
project valued at up to US$3
million.
Evercloak will initially receive US$350,000 to accelerate the scale-up of its
graphene oxide composite membrane production and build an advanced
dehumidification system prototype. The system is enabled by
Evercloak's proprietary membrane that allows water vapour to pass
through while blocking the passage of air. Removing humidity from
the air and keeping it in a vapour phase radically
reduces the energy required to dehumidify, and subsequently cool,
air.
"Conventional air conditioning uses so much energy because it
cools and dehumidifies at the same time, chilling the air until the
moisture condenses out," explains Evercloak CEO Evelyn Allen. "By separating those two steps and
using membrane-based technology to handle the dehumidification, we
can achieve the same building cooling results using far less
energy."
The award is part of NYSERDA's NextGen Buildings Innovation
Challenges, which provides support for companies that are
developing, commercializing, and demonstrating new technologies
that can boost building performance and energy efficiency, and
reduce greenhouse gas emissions. This program supports innovative
technologies including ground source heat pumps, cutting-edge
geothermal technologies, and novel building envelope solutions in
addition to intelligent building control solutions.
Once the scale-up phase is complete, NYSERDA has the
option to extend the award, providing an additional US$1.15M to fund the development
of a full-scale HVAC system and commercial demonstration
of the system in a New York City building.
Doreen M. Harris, President
and CEO, NYSERDA said, "The next generation of
heating and cooling technologies will be critical to modernizing
buildings, reducing greenhouse gas emissions, and tackling rising
temperatures due to climate change. Innovative solutions like
Evercloak's dehumidification technology are helping to advance
scalable systems that can be implemented in existing buildings
across the state while helping to provide a safe and
comfortable living environment for
residents."
Evercloak estimates that using its technology could reduce
emissions within the State's building sector by 40 percent and cut
the sector's peak energy consumption by 25 percent.
As a result, it would eliminate two-five megatonnes of
carbon dioxide (CO2) equivalents a
year — numbers that Evercloak calculated
as a member of the NYSERDA-funded Scale for
ClimateTech program in 2021. It would also make cooling more
affordable, enhancing quality of life for residents during hot,
muggy summer weather.
"We're thrilled to be contributing to New York State's carbon reduction goals and
advancing technology that will disrupt global HVAC markets," says
Allen. "As the climate crisis intensifies, it's more urgent than
ever to find sustainable ways to cool buildings —
and that's exactly what Evercloak is doing."
About Evercloak
Evercloak is revolutionizing how buildings are cooled. As an
award-winning start-up, our aim is to improve indoor air comfort
without further warming the planet. Our refrigerant-free
dehumidification systems, powered by Evercloak's graphene-oxide
proprietary membrane technology, can improve building cooling
efficiency by up to 50%. Evercloak is actively partnering with HVAC
manufacturers to rapidly deploy our systems globally. Join us in
shaping a cooler, greener future. To learn more, please
visit https://www.evercloak.com/.
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SOURCE Evercloak