Firstly, Delta Management Group recognizes individuals or small teams. Those who have done the most to advance sustainability and clean capitalism in Canada.
Secondly, among the 2023 recipients, ExtractEnergy’s Ibraheem Khan was ranked in the top 16 from a group of more than 1,000 well-qualified nominees, first in the research and development category.
The 2023 Clean16 is truly the leader of the leaders in sustainability in Canada. To be selected from such a strong group of peers is truly a testament to the contribution Ibraheem Khan has made to help make Canada more sustainable for all Canadians.
Gavin Pitchford, CEO, Delta Management Group.
Heat Engine system
Moreover, ExtractEnergy has been advancing its technologies to take advantage of waste heat produced by equipment in factories, refineries, food and beverage plants, and high-tech industries like data centers.
Because the temperature of most of this waste heat is relatively low, capturing it using conventional technologies often doesn’t make economic sense. But ExtractEnergy’s Heat Engine turns that inefficiency into opportunity. Its nickel-titanium-based shape memory alloys expand and contract, creating a motion that can be converted to zero-emission, grid-quality electricity.
I’m incredibly honored to receive this recognition. But the honor goes to our entire team. Everyone at Extract Energy has been working tirelessly to bring this technology to fruition, and we’re excited to continue our efforts in scaling and piloting our system to realize the impact it can make on GHG emissions.
Khan.
Finally, because nearly 65 percent of the world’s energy is lost as waste heat; tapping into such an enormous energy source can save millions of greenhouse gas emissions yearly. In the past two years, the ExtractEnergy team has drastically increased the output of their Heat Engine. Targeting megawatt-levels of power output.
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About ExtractEnergy
ExtractEnergy is a division of Smarter Alloys: an award-winning materials science company located in Ontario, Canada. Also, it is at the forefront of deploying the potential of innovative materials to convert low-grade waste heat into electricity.
Learn more about the company here.
About Delta Management Group / Canada’s Clean50
Leading ESG, sustainability, and clean tech search firm Delta Management Group founded Canada’s Clean50 awards. Created in 2011 to identify, recognize and connect 50 sustainability leaders from every sector of Canadian Endeavor. It is focused on facilitating understanding, collaboration, and innovation in the fight to keep climate change impacts below 1.5 degrees C.
