Canada is on course to achieve net-zero emissions by 2050. To achieve that ambitious goal, the country is investing heavily in renewable energy. One of its objectives involves expanding access to clean, affordable energy for all residents, which will involve the creation of new tech and manufacturing capabilities. These are some of the top renewable energy companies helping Canada reach its net-zero objectives.
Top Renewable Energy Companies in Canada to Know
- Invenergy
- Canadian Solar
- NextEra Energy
- Clir Renewables
- Carbon Engineering
Top Renewable Energy Companies in Canada
NextEra Energy facilities generate renewable energy for residential, commercial and industrial customers through its green solutions. The company, through integrated solutions like solar generation and green hydrogen production, provides renewable energy in multiple countries. NextEra also aims to reduce its own carbon emissions through its Real Zero initiative.
For over a century, TransAlta has developed and operated a diverse fleet of power generation assets across North America and Australia. As one of Canada’s largest publicly traded generators of electricity, wind power and hydroelectric power, the company says it is a key player in the energy sector. Headquartered in Calgary, TransAlta also has Canadian offices in Duffield and Sarnia.
Having proclaimed itself as the world’s largest independent renewable energy company, RES is active in wind, solar, energy storage, green hydrogen, transmission and distribution. The company has delivered over 27 gigawatts of renewable energy projects worldwide and aims to add more than 22 gigawatts in the next five years. Headquartered in England, RES also has offices in Wales and Canada.
Invenergy is a privately-held developer of sustainable energy solutions in multiple countries. Its projects, which include wind, solar and natural gas facilities, generate and store energy to power homes. To date, the company has developed over 175 projects. The company has also collaborated with local governments to provide desalination services.
Carbon Engineering contributes novel carbon capture technologies to the greentech sector. Its products capture carbon dioxide from the air instead of capturing emissions from industrial flue stacks. Its method, according to the company, removes CO2 that’s been trapped in the atmosphere for several years.
Founded in 1939, Sanimax recycles unwanted and unused by-products from the agri-food industry — such as cooking oil, meat, skins and farm deadstock — into reusable, organic ingredients. As a subsidiary of Renewable Energy Group, the company also supports the renewable energy market through its biodiesel production facilities.
Clir Renewables operates intelligence platforms that unlock insights and accelerate renewable energy production. Its software culls wind and solar data while also informing clients about possible project site issues. Meanwhile, its Clir Risk program analyzes the health of renewable assets.
Keyera provides services to oil and gas producers in Western Canada, specializing in the sustainable transportation of natural gas liquids such as propane, butane, condensate and iso-octane to markets across North America. Founded over 25 years ago in Calgary, the company employs more than 1,000 people.
Cordelio Power, wholly owned by the Canada Pension Plan Investment Board, is a U.S.-based company that owns and operates renewable power facilities across North America. The company has developed several hundred megawatts of renewable energy projects and maintains Canadian offices in Toronto and Vancouver.
Canadian Solar is an energy company with a global reach. The company is a one-stop-shop for solar panel manufacturing and installation throughout Canada. It also develops other products like Inverters and storage solutions. Canadian Solar has funded several large solar projects, generating 9 GW of energy.
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