The global transition to a green economy has been a boon for the cleantech market — it’s helping investment in renewable energy and clean technology continue to grow, allowing the sector to keep building momentum.
Year-to-date gain: 105.05 percent; market cap: C$1.66 billion; share price: C$14.35
BIOREM is a cleantech engineering company that develops air emissions abatement technologies using biological processes like biotrickling filtration, a process by which polluted gas is absorbed and degraded by microorganisms into harmless substances.
“Bidding activity has remained strong through the first quarter and we expect to report significant new bookings in coming months,” said BIOREM President and CEO Derek S. Webb in a statement issued with the report’s release.
Year-to-date gain: 40 percent; market cap: C$52.77 million; share price: C$0.35
Anaergia is a global company that specializes in converting wastewater and agricultural and municipal solid waste into renewable energy. It has operations in 17 countries spanning North America, Africa, Asia and Europe.
Year-to-date gain: 27.35 percent; market cap: C$2 billion; share price: C$17.14
NFI Group is one of the largest bus manufacturing companies in North America, with 50 facilities in Canada and the US. Headquartered in Winnipeg, Manitoba, the company also owns a number of subsidiaries in both countries.
NFI makes zero-emission buses (ZEBs) that run on electricity and alternative fuel sources such as hydrogen fuel cells. Although the company also makes traditional diesel-powered buses, its goal is to produce 100 percent ZEBs by 2040.
Year-to-date gain: 5.56 percent; market cap: C$70.4 million; share price: C$0.19
DynaCERT specializes in improving the fuel efficiency of diesel engines with its HydraGEN technology. The system adds hydrogen to the air intake of the engines, which reduces emissions of pollutants like nitrogen oxide, resulting in cleaner combustion. The company’s technology works with traditional diesel engines and is being used across a wide range of heavy-duty industries, including transportation, mining and construction.
Year-to-date gain: 2.74 percent; market cap: C$6.62 billion; share price: C$8.62
Algonquin Power & Utilities, an investment holding company, centers on energy generation and water distribution endeavors. It operates under two segments: the Regulated Services Group and the Renewable Energy Group. The renewable energy segment concentrates on managing a diverse portfolio of renewable and thermal electric generation assets, contributing to the company’s overall energy generation activities.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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