In April, Nova Scotia’s Planetary Technologies won the XPRIZE Carbon Removal XFACTOR Award, receiving $1 million for pioneering work in seawater restoration to combat climate change. The recognition followed a Series A raise of capital in 2024. Planetary’s approach aims to restore the ocean’s natural ability to absorb carbon dioxide attempting to rebalance seawater chemistry. […]
Search Results for: Nova Scotia
Ocean Startup Project Amplifies Cleantech Companies from Victoria to Nova Scotia
The Ocean Startup Project this week revealed the second round of Canadian cleantech companies selected for Amplify. Amplify is Ocean Startup Project’s collaborative commercialization program for high-potential Canadian ocean technology ventures. The program is designed to close the gap between innovation and commercialization by helping startups validate their solutions with customers and progress toward revenue […]
Nova Scotia’s High Wind Speeds Spur the Creation of Offshore Sites for Clean Energy
Canada’s first four offshore wind energy areas have been designated, the federal government confirmed this week. The four areas, all located in Nova Scotia, mark a “key step to develop an offshore wind industry that will provide long-term energy security and generational economic benefits for Nova Scotians,” according to a statement from the Province. “The […]
Canada Infrastructure Bank Backs $97M Wedgeport Wind Project in Nova Scotia
The Canada Infrastructure Bank and Vancouver-based Elemental Energy have secured a $97 million loan to support their newest energy project, Wedgeport Wind. The Wedgeport Wind project, located in the Municipal District of Argyle, Nova Scotia, will include the construction and installation of 12 Nordex seven-megawatt wind turbines with the capacity to generate up to 84 megawatts […]
Canada Infrastructure Bank Backs $118M Higgins Mountain Wind Project in Nova Scotia
The Canada Infrastructure Bank (CIB) and Vancouver-based Elemental Energy have finalized a $118 million loan for the Higgins Mountain Wind Project, located in Colchester and Cumberland, Nova Scotia. The wind farm will feature 17 turbines capable of generating up to 100 megawatts of electricity, enough to power over 40,000 homes. The site’s strong wind capacity […]
Lafarge Canada and Geocycle Open Canada’s First Low-Carbon Fuel Plant in Nova Scotia
Lafarge Canada and Geocycle Canada alongside Natural Resources Canada (NRCan), have officially opened Canada’s first low-carbon fuel plant. The $10-million facility, located at Lafarge Canada’s Brookfield Cement Plant in Nova Scotia, marks a significant advancement in sustainable construction and clean energy technology. The federal government’s Energy Innovation Program (EIP) contributed $3.53 million to the project, […]
TELUS Supports Manitoba Startup Innovating Livestock Barns with Solar-Powered Autonomy
TELUS this month announced the winners of its sixth annual #StandWithOwners contest for small businesses in Canada. Since 2020, TELUS has invested over $6 million through the #StandWithOwners program, providing funding, technology, and exposure to help businesses thrive in a digital world. “The thousands of applications we reviewed this year told remarkable stories of businesses […]
NorthX and Scotiabank Partner to Power Women-Led Climate Tech Ventures
NorthX Climate Tech and Scotiabank, through Roynat Capital, have announced a new strategic agreement to accelerate opportunities for women innovators advancing climate hard tech solutions across Canada. The partnership reflects a shared commitment to advancing equity in entrepreneurship and scaling Canadian climate solutions with global impact. “At NorthX, we’re supporting bold, scalable solutions that are […]
Canada’s Energy Innovation Program Pours $16M into Several Cleantech Projects Throughout Maritimes
Canada this month unveiled $16 million in funding for energy projects in the Maritime provinces. The federal investments target projects aiming to help deliver reliable, affordable clean energy in Prince Edward Island, Nova Scotia, and New Brunswick, according to a statement from the government. This includes modernizing electricity grids and advancing carbon capture technologies. “Our […]
Planetary Wins $1 Million XPRIZE Award for Climate Innovation
Nova Scotia’s Planetary has been named a winner of the prestigious XPRIZE Carbon Removal XFACTOR Award, receiving $1 million in recognition of its pioneering work in seawater restoration to combat climate change. The award underscores the growing importance of ocean-based solutions in the global fight to remove carbon dioxide from the atmosphere. Launched in 2021, […]