On July 11, 2025, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced close to $16 million in federal funding for energy projects in Nova Scotia, Prince Edward Island and New Brunswick.
>> In Other News: CF Industries Announces Start-up of Donaldsonville Complex CO2 Dehydration and Compression Unit, Permanent CO2 Sequestration
Energy Innovation Program – Smart Grid Demonstration
The Energy Innovation Program (EIP) supports research, development, demonstration and related scientific activities that advance clean energy technologies. These investments help Canada meet its climate targets and support the transition to a low‑carbon economy.
Projects funded under the Smart Grid Demonstration Call for Proposals showcase innovative smart‑grid technologies, solutions and market or contract mechanisms.
| Facility/Project | Location | Annual Capacity | Status |
|---|---|---|---|
| XCF New Rise Reno | Nevada, USA | 38 million gallons | Operational |
| XCF New Rise Reno II | Nevada, USA | 40 million gallons | Planned 2026 |
| Rotterdam SAF Plant | Netherlands | 250,000 tonnes | Under Development |
| XCF Fort Myers | Florida, USA | 40 million gallons | Planned |
| XCF Wilson | North Carolina, USA | 40 million gallons | Planned |
Energy Innovation Program – Carbon Capture, Utilization and Storage
The EIP’s Carbon Capture, Utilization and Storage (CCUS) Call for Proposals aims to advance the commercial viability of CCUS technologies.
| Project name | Recipient | Location | Funding amount | Description |
|---|---|---|---|---|
| A Regulatory Roadmap for Offshore Carbon Storage in Atlantic Canada | Dalhousie University | Halifax, Nova Scotia | $704,089 | This project will develop a roadmap for policies and regulations to better support a regulatory framework for offshore carbon storage, paving the way for innovation that will help offshore industries reduce emissions. |
Indigenous Natural Resource Partnerships
The program aims to increase the economic participation of Indigenous communities and organizations in the development of natural resource projects that support the transition to a clean energy future.
| Facility/Project | Location | Annual Capacity | Status |
|---|---|---|---|
| XCF New Rise Reno | Nevada, USA | 38 million gallons | Operational |
| XCF New Rise Reno II | Nevada, USA | 40 million gallons | Planned 2026 |
| Rotterdam SAF Plant | Netherlands | 250,000 tonnes | Under Development |
| XCF Fort Myers | Florida, USA | 40 million gallons | Planned |
| XCF Wilson | North Carolina, USA | 40 million gallons | Planned |
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
JPMorgan Just Paid to Bury Carbon. It Might Also Stop Wildfires.
Inside This Issue 🌿 Graphyte Announces 60,000 Ton Carbon Removal Agreement With JPMorganChase ✈️ Montana Renewables Signs Bold 70M-Gallon SAF Agreement ⚡ eFuels SEA Launches Platform to Develop eF...
-
This DAC Fix Just Made Carbon Removal 3x Cheaper
Inside This Issue ✈️ How Google Is Scaling SAF Demand Through Shell, Amex GBT 💸 Sora Fuel Closes $14.6M Round To Scale Air-To-Jet Fuel Technology 📊 CCUS Investment Tops $5 Billion, But The IEA Say...
-
Hydrogen Just Powered a 7.5-Tonne Plane. A World First.
Inside This Issue ✈️ Megawatt Hydrogen Turboprop Engine Completes Maiden Flight in Central China 🤝 XCF Global and Axens North America Announce Commercial Collaboration for Vegan(r) Technology 🔌 Ma...
Company Announcements
-
Graphyte Announces 60,000 Ton Carbon Removal Agreement With JPMorganChase
Deliveries aim to create economic opportunities in parts of rural America and reduce wildfire risks in the Western U.S. Graphyte, a leader in permanent carbon removal, today announced an agreement...
-
Vault 44.01 to Construct First CCS Project in Indiana With EPA Class VI Permit Approval
Vault 44.01 ("Vault"), a market leader in the development of carbon capture and sequestration (CCS) projects, today announced that the U.S. Environmental Protection Agency (EPA) Region 5 has issued...
-
SINGAPORE, April 10, 2026 /PRNewswire/ -- eFuels SEA, Ltd. today announced its launch as a new development platform dedicated to advancing electrofuel, also referred to as eFuel, projects throughou...
-
Chestnut Carbon Issues First U.S. IFM Carbon Credits With Verra's Removals Tag
Chestnut Carbon ("Chestnut"), a leading U.S. developer of nature-based carbon removal projects, today announced that its Improved Forest Management (IFM) project has been issued 95,909 new carbon c...