FOR IMMEDIATE RELEASE
Tantalus Recognized as an Export Star
EDC shines the spotlight on Tantalus as one of five cleantech companies that have developed innovative solutions for a more sustainable future.
BURNABY, BC – November 3, 2020 – Smart grid technology leader Tantalus Systems Corp. announced today that it has been named as an Export Development Canada (EDC) Cleantech Export Star. Each year, EDC highlights the achievements of leading cleantech companies during their Cleantech Export Week conference. Tantalus was recognized as a proven leader whose technologies and business strategies have succeeded in getting their products beyond Canada’s borders – as one of five clean technology companies that stands out as making a positive impact across North America and the Caribbean Basin.
“Each year, it brings me great pride and gratitude to announce Canada’s Export Stars and Ones to Watch, but this year is particularly impactful. Not only have these Canadian companies proven to be leaders in the fight against climate change, but they’ve also exemplified resiliency and perseverance amid the current economic crisis,” said Dan Mancuso, SVP Financing & Investments, EDC. “Our hope is that these success stories along with the insights and opportunities offered during Cleantech Export Week will both inspire companies and support continued growth within the sector.”
“Our mission-critical technology solutions improve the environment by enabling utilities to reduce their carbon footprint by being more efficient and preparing their distribution grids for the adoption of distributed energy resources in the form of solar panels, electric vehicles and distributed storage,” said Peter Londa, President & CEO of Tantalus Systems. “EDC has been a long-standing partner of Tantalus, enabling us to access the necessary working capital to invest in the growth of our company by recruiting and retaining talented team members and accelerating our R&D initiatives as we strive to help utilities and the communities they serve.”
Read more about how Tantalus has created an environmental solution for the global community.
Over the past three decades, Tantalus has consistently and creatively developed technology that enhances the safety, reliability and efficiency of public power and electric cooperative utilities across North America and the Caribbean Basin. Tantalus provides mission-critical smart grid solutions that empower utilities to access granular data across the distribution grid to support the multi-directional flow of power from distributed energy resources, proactively engage with their customers and members, improve the resiliency of their grids to mitigate the impact of power outages and realize cost savings by streamlining system operations. Its comprehensive suite of smart grid solutions includes advanced metering infrastructure (AMI), demand-management, power quality data analytics, distribution automation and street lighting control systems. This broad portfolio of solutions is purpose-built to support smart community initiatives essential to both the near-term and long-term success of the utilities Tantalus supports and the communities they serve.
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