Cleantech: How Firms Can Entry And Profit

Short for clear know-how, cleantech refers to firms and know-how geared toward enhancing environmental sustainability. ECOCanada defines cleantech as “any technology, product or service that uses fewer materials or energy, generates less waste and causes less negative environmental impact than the industry standard.”

Cleantech due to this fact has three targets:

  • Offer superior efficiency or decrease prices than the present norm or requirements
  • Minimize damaging environmental impacts
  • Make extra environment friendly and accountable use of pure sources

Cleantech is usually used interchangeably with “green technology,” however the latter refers extra to end-user merchandise reminiscent of programmable thermostats and high-efficiency furnaces. It is extra appropriate to view cleantech because the rising monetary sector, versus the particular know-how through which the sector invests.

Homegrown options

Canada at present ranks second within the Cleantech Group Global Cleantech Innovation Index, which ranks the nations with the best potential to commercialize cleantech. Here are a number of the main Canadian primarily based firms offering cleantech options for companies and producers.

Axine Water Technologies

Based in Vancouver, Axine manufactures autonomous purification programs that take away contaminants from industrial wastewater and produce water that meets environmental requirements. Commonly used within the pharmaceutical trade, the purification programs are the scale of small delivery containers and will be put in in manufacturing services to deal with wastewater on website.

CarbonCure Technologies

CarbonCure’s know-how, primarily based in Nova Scotia, helps seize carbon dioxide in concrete. The progressive know-how is retrofitted to concrete vegetation and permits producers to inject CO2 captured throughout mixing into recent concrete, which is completely embedded, rising the energy of the concrete.


Effenco, a Montreal-based firm, builds hybrid propulsion programs which are put in on new or current heavy-duty industrial vans to scale back emissions by 30 %. Whenever the car is stationary, the facility system shuts off the fuel engine and activates electrical energy as a substitute.


This British Columbia firm, a pacesetter in commercially viable and economically scalable carbon seize know-how, builds CO2 scrubbing programs. Using a extremely absorbent nanomaterial, Svante’s programs adhere to manufacturing facility chimneys in heavy industries reminiscent of metal and aluminum manufacturing to seize and condense CO2 emissions.

Li cycle

With facilities in Kingston, Ontario, and Rochester, New York, Li-Cycle will increase the effectivity of lithium-ion battery recycling by extracting practically 95 % of cathode and anode supplies for reuse. Lithium-ion batteries are in smartphones, laptops and electrical vehicles, and Li-Cycle processes 10,000 tons every year.

To community with different innovators within the Canadian cleantech trade, go to Innovators Alliance. Our peer-based membership connects you with different enterprise leaders and brings collectively innovators throughout the nation to grasp our ever-changing local weather.

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