Decoder.ca

Canadian Tech in 100 Words

Cleantech

Canada’s Largest Clean Hydrogen Facility Garners Multi-Billion-Dollar Investment

by

Multinational chemical company Linde has signed a long-term agreement for the supply of clean hydrogen to Dow’s Fort Saskatchewan Path2Zero Project.  The company will invest more than $2 billion to build, own and operate a world-scale integrated clean hydrogen and atmospheric gases facility in Alberta.

Linde’s new on-site complex will use autothermal reforming, combined with Linde’s proprietary HISORP carbon capture technology, to produce clean hydrogen and will also recover hydrogen contained in off-gases from Dow’s ethylene cracker.  Upon completion in 2028, Linde’s new complex in Alberta will be the largest clean hydrogen production facility in Canada, and one of the largest globally.

Want to know more? Check out the source code on CleanEnergy.ca.

Nuclear Energy Startup Raises US$27M Series A to Build Commercial Reactors

by

Following a seed round last year, Aalo Atomics has raised US$27 million in Series A funding toward its mission of making small nuclear reactors in gigafactories. The Austin, Texas-based startup was cofounded by Canadian entrepreneur Matt Loszak. Capital hails from 50Y, Valor Equity Partners, Harpoon Ventures, Alumni Ventures, Earth Venture, Garage Capital, and others.

“Investors are backing us with $27M to accelerate our vision of a future where humanity’s growth is untethered from our impact on Earth,” stated Loszak. “We have big, ambitious plans, and we’d like to thank our investors for helping us push towards ushering in the Second Atomic Age.”

‍Want to know more? Check out the source code here.

General Energy Recovery Goes for Gold at Global Awards in Texas

by

General Energy Recovery has been named a finalist at the Gulf Energy Information Excellence Awards, placing it alongside some of the world’s top energy solution providers. The technology company is focused on Canada’s energy transition, offering solutions for heavy-oil recovery that can increase oil production while reducing greenhouse gas emissions.

As the only startup to be shortlisted in the Best Enhanced Oil Recovery Technology category, General Recovery is competing with industry giants like CNPC, Halliburton, and Saudi Aramco. With a slogan of “Recover More, Emit Less,” the company leverages patented technology to help oil producers achieve the balance of increasing oil recovery, reducing emissions, and performing financially.

Want to know more? Check out the source code on CleanEnergy.ca.

Government Invests Major Money into Canadian Carbon Capture Upstart Svante

by

Burnaby’s Svante has secured an investment of up to $137 million from the Canada Growth Fund to accelerate the company’s development and construction of commercial-scale carbon capture and removal projects. The clean tech company manufactures filters and carbon capture machines for heavy-emitting industries such as cement, steel, hydrogen, and oil and gas. The government says the investment will ensure local intellectual property remains Canadian-owned (Svante owns over 120 global patents).

“By investing in cutting-edge Canadian innovators, we are decarbonizing industries and making energy more affordable, while reducing emissions and creating good-paying jobs,” stated federal finance minister Chrystia Freeland.

Want to know more? Check out the source code on Techcouver.

Government of Canada Invests $192M to Help ‘Electrify Economy’ with Clean Energy

by

The Canadian government has announced $192 million in investments for six clean electricity projects in Nova Scotia. These projects, funded through Natural Resources Canada’s programs, include $117.6 million for battery energy storage systems by Nova Scotia Power and $75 million for three wind energy projects. This initiative, contributing to the nation’s “rapidly electrifying economy,” aims to lower energy bills and create jobs.

“The innovative work being done in Nova Scotia is an excellent example of how local companies, through research and collaboration, are creating clean, reliable and affordable energy grids that lower emissions and strengthen the economy in communities across Canada,” stated Minister of Energy and Natural Resources Jonathan Wilkinson

Want to know more? Check out the source code here.

Powering Up: ReliON Lands $3M to Enhance EV Charging Infrastructure with Software

by

ReliON, a startup with roots in Montréal and Ottawa, just plugged into a $3-million seed round, led by Diagram Ventures, to amp up its EV charger maintenance game.

Backed by MaRS IAF, AQC Capital, Anges Québec, and Cycle Momentum, ReliON tackles the 20-30% EV charger downtime with its all-in-one monitoring and repair platform. Customers can choose subscription plans or pay-as-you-go. Founded in 2023, ReliON says it will use the funds to expand, hire top talent, and grow its partner network. This move aligns well with the green goals of Diagram’s ClimateTech fund.

Want to know more? Check out the source code on CleanEnergy.ca.