It’s like the radiator that circulates fluid to cool down your car engine, only Eavor’s technology works in reverse, to bring heat up for harvesting. What it does: Eavor (pronounced “ever”) is all about its Eavor-Loop: a giant reverse radiator it digs into the ground to absorb geothermal heat and use it to generate electricity. The company also focuses on locally sourcing the industrial by-products and natural minerals according to the location of the carbon emitter they’re working with, which keeps costs low and helps reduce waste. Why it’s important: Cement and concrete production make up eight percent of global carbon dioxide emissions, and Carbon Upcycling is positioned to bring that number down. It then locks it all away in concrete - a stronger, more durable concrete - thanks to its catalytic reactor technology. What it does: Carbon Upcycling captures carbon dioxide emissions from industrial sources and combines them with natural minerals or industrial by-products like fly ash (a waste material of coal power plants). Here’s a look at the Canadian companies on the Cleantech 100 list and the waves they’re making across the world. With tech ventures in carbon capture, energy storage, hydrogen and more, Canada is showing no signs of ending its green streak. The challenge now, he says, will be dealing with the “growing pains” that companies often go through when they become bigger and figure out how to match growth to their scale. “We have companies now entering that stage where they’ve got a commercial product and they’re starting to make headway, and they’ve raised a critical mass of capital that’s allowing them to scale up.” Tyler Hamilton, director of cleantech ecosystems at MaRS, attributes Canada’s success to earlier government investment in cleantech R&D, which he believes is now paying off. The list is published by the Cleantech Group, a research firm based in San Francisco, and Canada’s entries were surpassed in number only by the United States. Twelve Canadian companies, including six supported by MaRS, have made it onto the Global Cleantech 100, an annual list of the world’s most innovative green technology companies. They are working to solve the planet’s problems with geothermal power, clean energy storage, hydrogen fuels and more.Īnother year means another success for Canada in cleantech. The ventures from across Canada are considered among the world’s most exciting cleantech companies.
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