Natural Resources Minister Tim Hodgson is doling out $28.9 million in funding for a series of carbon capture and renewable energy projects across Canada today.
The money is coming from Canada’s Energy Innovation Program, which the federal government says in a news release promotes clean tech and looks to keep Canadian energy reliable and competitive.
>> In Other News: Changhua Begins Commercial Production of CO2 Polyols Based on Econic’s Technology
The biggest share of the funding will go toward five projects for carbon capture, utilization and storage technology.
Two Saskatchewan organizations will receive a combined nearly $15 million through the funding to help design and understand carbon capture processes.
More than $9 million of the funding will go toward renewable energy projects, specifically in solar power.
The remainder of the money announced today will fund projects for smart grid technologies that aim to improve the efficiency of electricity flows.
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
-
They Pulled Hydrogen Straight Out of Rock. A World First.
Inside This Issue 🛢️ No CCUS, No Pipeline: The $100 Billion Bet Behind Alberta's West Coast Oil Route 🌋 GeoRedox and Canada Nickel Launch the World's First Stimulated Geologic Hydrogen Well in Ont...
-
It's Buried. California's First Underground CO₂ Project Goes Live.
Inside This Issue 🏜️ California Resources Corporation Achieves First CO₂ Injection at Carbon TerraVault I, a Major Milestone for Carbon Management in California 💂 Plug and Carlton Power, Barrow Gr...
-
Microsoft's "Pause" Just Produced 650,000 Tonnes of BECCS Microsoft's "Pause" Just Produced 650,000 Tonnes of BECCS
Inside This Issue 🌱 Microsoft's BioCirc Deal Signals BECCS Is Now Bankable 🔎 Hydrogen Exploration in Iowa Well Underway 🛢️ Alberta Sees Oil Sands Deal on Carbon Project Within Two Months 🍁 This Ca...
Company Announcements
-
New guidance gives CDR buyers and project developers practical, contractable guidelines for responsible agricultural residue sourcing — filling a critical gap as biomass-based CDR scales rapidly N...
-
Hydrogen modules measuring 1.92 m² (20.7 ft²), built with SunHydrogen's latest catalyst integration and coating improvements, installed at UT Austin's Hydrogen ProtoHub, demonstrate efficiencies co...
-
Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF) (“Cielo” or the “Company”) is pleased to provide an update on its flagship sustainable aviation fuel (“SAF”) project located in British Columbi...
-
KBR’s PureSAF® Technology Selected for Northen Europe’s Largest SAF and e-SAF Plant by NorSAF
KBR (NYSE: KBR) announced today that NorSAF, one of the leading sustainable aviation fuel (SAF) producers in the Baltics, has selected KBR’s proprietary PureSAF® technology for what is set to becom...