Renewable Energy

Canada, one of the world’s few net exporters of energy, has a vast and exceptionally diversified mix of renewable-energy resources, including hydro, solar, wind, biomass and tidal power.

“ Canada is a key market for renewable energy, with high quality projects that are supported by long term feed-in-tariffs. We are delighted with our progress which strengthens our position in this attractive market with further growth opportunities. ”
Philip Cox, CEO, International Power

The development of clean technologies is a priority for all levels of government in Canada, at the federal, provincial, territorial and regional levels. Indeed, many support the emergence of a bio-economy with targeted policies and incentives that range from tax credits and education programs to market-stimulating regulations.

Canada has the third-largest renewable energy capacity in the world; renewable sources generate 17 percent of its total primary energy supply and more than 60 percent of its total electricity capacity.
Canada is the sixth-largest consumer of electricity in the world. The US, the world’s largest electricity consumer, is Canada’s primary trading partner.
Between 2003 and 2011, 126 foreign companies established greenfield projects in Canada’s renewable energy sector.
The Government of Canada has set a goal of generating 90 percent of Canada’s electricity from zero-emitting sources by 2020. Canadian provinces also offer generous incentives, and the feed-in-tariff rates for solar PV electricity offered in Ontario are among the world’s most attractive.