Four Canadian Ventures Leading Global Clean Energy and Sustainability Efforts
Key Insights
LNG Canada's $18-billion facility in Kitimat, B.C., is set to become a top global LNG exporter, targeting Asia Pacific's growing demand for cleaner energy.
The Oneida power storage project in Ontario, a $700-million battery facility, is among the world's largest, reducing emissions by 4.1 million tonnes annually.
Saskatchewan Research Council (SRC) is pioneering rare earth metal production in North America, challenging China's dominance in critical mineral refining.
GoodLeaf Farms aims to be the first profitable vertical farming operation globally, overcoming industry challenges with innovative sustainable agriculture.
Canada is making significant strides in clean energy and sustainability with four groundbreaking projects poised to impact global markets. LNG Canada's $18-billion facility in Kitimat, B.C., is the largest liquefied natural gas (LNG) plant on North America's Pacific coast, targeting Asia Pacific's surging demand. With plans to double capacity, Canada could rank among the top seven LNG exporters by 2035, producing 35 million tonnes annually. Additional projects like Woodfibre LNG and Cedar LNG, the latter led by the Haisla First Nation, are set to bolster this growth.
The Oneida power storage project near Ontario's Six Nations Reserve is a $700-million lithium-ion battery facility, one of the world's largest. It stores 250 megawatts, enough to power 200,000 people, and is expected to cut annual greenhouse gas emissions by 4.1 million tonnes. Developed by Northland Power and Indigenous partners, Oneida exemplifies efficient, on-budget megaprojects.
In Saskatchewan, the Saskatchewan Research Council (SRC) is breaking China's rare earth metals monopoly, refining critical minerals like neodymium and samarium. With annual production projected to quadruple to 400 tonnes, SRC is attracting interest from the Pentagon and Canadian defense sectors.
GoodLeaf Farms is pioneering profitable vertical farming, overcoming industry hurdles with sustainable practices. CEO Andy O’Brien anticipates profitability this year, a first for the sector. These ventures highlight Canada's leadership in clean energy, critical minerals, and sustainable agriculture.