Smart Tech
Green IT, smart grid, demand response and telecommunications in the electricity system

News Briefs

  • Northland Power acquires DeBu offshore wind project +

    Northland Power has completed the acquisition of the Deutsche Bucht (DeBu) offshore wind project from Highland Group Holdings Ltd. The Read More
  • New shore power system operational in Montreal +

    The City of Montreal is now able to reduce greenhouse gas emissions from cruise ships docked at the Alexandra Pier Read More
  • BioAmber to take full control of Sarnia plant +

    BioAmber Inc. has inked an agreement to purchase Mitsui & Co Ltd.'s minority stake in its Sarnia joint venture. The Read More
  • OCGC names new chief executive +

    The board of directors at the Ontario Capital Growth Corp. (OCGC) has appointed Steve Romanyshyn as its new president and Read More
  • Boralex closes financing for France wind farm +

    Boralex Inc. has closed a $67.9 million financing for the 30 MW Chemin de Grès wind farm in France. The Read More
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Stock Market

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It’s possible to build a low-carbon footprint, smart community in an economically viable way, according to Milfred Hammerbacher, co-founder and chief executive at s2e Technologies Inc. The company is doing it in a new neighbourhood in London ON.

A recently completed feasibility study from Alecta Inc. says that it could deploy upwards of 30,000 solar+storage PowerHouse units in the Southern York Region of Ontario by 2031.

IHS Markit says the first quarter growth in large-scale energy storage (utility side of the meter) project pipeline doubled compared to the previous year. The overall pipeline now represents 3.4 GW.

IHS energy storage chart 

MineSense image

MineSense Technologies Ltd. scored $19 million in venture capital and along with it added a couple of key backers on February 15. Aurus Ventures, a Chilean limited partnership with interests in copper mines in the country led the financing of the Vancouver-based smart mining company. As well, Caterpillar Venture Capital jumped on board, giving MinseSense yet another critical piece for its commercialization trajectory.

Venture capital investments in the Canadian cleantech sector have been on a downward trend over the last few years, but could an uptick in VC layout to the clean technology sector in 2016 and some early wins in 2017 be a sign of a brighter future?

Canadian VC 2013 2016