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

The Bloom Centre for Sustainability, or simply Bloom, is on the hunt for clean technology demonstration projects in Ontario. The Clean Technology Demonstration Program wants to fund 50% of projects costs that can achieve significant greenhouse gas emissions reduction in a number of different sectors.

The chief financial officer at lithium ion battery maker Electrovaya preached patience during the company’s first quarter 2017 financial results conference call on February 14. Richard Halka, executive VP and CFO, noted the drop in Q1 revenue to $1.1 million from $8.2 million in the first quarter of 2016 is “a temporary slowdown.”

That was a question Canadian Green Tech put to Wal van Lierop, president and chief executive at Chrysalix Venture Capital during an interview late last month. It was in light of 11 Canadian firms being selected to the prestigious Cleantech 100 list.

Smart city incubator InnoCité MTL is already having an impact as more than 80 agreements have been signed between businesses participating in the program and public organizations and private sector entities.

New data from PwC and CB Insights indicates that venture capital activity in Canada grew while the the rest of the world saw declines. Its latest MoneyTree Canada report for Q4 2016 and the full fiscal year says deal activity grew 7% with total investment of $1.7 billion being flat.

PwC VC trend 2015 2016