• SHARC International Systems (SHRC) has joined a virtual trade mission to Brazil, to promote its wastewater energy recovery technology
  • The virtual trade mission is being hosted by Global Affairs Canada’s Trade Commissioner Service, based in São Paulo, Brazil
  • Through the trade mission’s B2B matchmaking program, SHARC Energy can connect with Brazilian companies focused on water and wastewater treatment
  • Earlier this week, the company announced its selection for a similar international promotion program in south-east Asia
  • SHARC International Systems is up 4.76 per cent and is currently trading for C$0.33 per share

SHARC International Systems (SHRC) has joined a virtual trade mission to Brazil, to promote its wastewater energy recovery technology.

The virtual trade mission, which started on November 16, is being hosted by Global Affairs Canada’s Trade Commissioner Service. The Service is based out of the Consulate General of Canada in São Paulo, Brazil.

As part of the Canadian delegation, SHARC Energy has already been briefed, and provided with access to a B2B matchmaking program. Through the program, the company can connect with public and private Brazilian companies focused on water and wastewater treatment.

These initial connections will hopefully form the foundations for strong relationships that benefit the company in the Brazilian market. 

SHARC Energy’s Chief Financial Officer, Hanspaul Pannu, described this venture as another element of the company’s global commercialisation strategy.

“With its new focus on investing in clean technologies to improve its municipal water, wastewater and energy infrastructure, Brazil presents a major market for SHARC Energy’s wastewater energy recovery technology, which recovers the thermal energy from the water that goes down the drain, reducing the need for other energy sources to heat and cool buildings, in turn reducing GHG emissions,” he said.

Earlier this week, SHARC Energy announced its selection for a similar international promotion program in south-east Asia. The company was one of only nine other businesses chosen for the five-month Canadian Technology Accelerator program.

During the CTA program, SHARC Energy will explore potential business opportunities with leaders in Asia’s clean tech sector, through virtual meetings.

SHARC International Systems is up 4.76 per cent and is trading for C$0.33 per share, as of 11:02am EST.

More From The Market Online

@ the Bell: TSX powers through to close week higher

Canada’s main stock index inched up on Friday. The only drag on the TSX was a drop in the energy sector while mining led…

One of the strongest contenders to lead Canada’s cannabis market

Indiva Ltd. (TSXV:NDVA) recently reported its fiscal year 2023 results, showcasing a solid performance across its operations.

@ the Bell: Despite a deep divide, the TSX comes out on top

Canada’s main stock index was volatile Thursday, but thanks to an industrials, utilities and energy market surge, the TSX closed in the green.

A promising player in the energy revolution

As demand for sustainable energy sources has intensified, Argentina Lithium & Energy is ready to capitalize on the surging lithium market.