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

News Briefs

  • H2O Innovation subsidiary lands new deals in US +

    H2O Innovation Inc.’s operation and maintenance (O&M) services subsidiary Utility Partners LLC (UP) has renewed two contracts and extended the Read More
  • EDC offers new green bond +

    Export Development Canada’s (EDC) latest green bond has been priced. Set at $500 million with a 1.8 fixed rate, the Read More
  • Capital Power moving ahead with New Frontier Wind +

    After Capital Power Corp. inked an agreement to sell 87% of the electricity generated from the yet to be constructed Read More
  • General Fusion takes new step towards reactor design +

    Vancouver’s General Fusion has hired two industry veterans to help lead the company through the development of a proof-of-concept fusion Read More
  • Federal, Ontario governments take big step in reducing diesel reliance in FN communities +

    The $60 million in federal funding to connect the Pikangikum First Nation to Ontario’s electricity grid is a major step Read More
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Stock Market

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