Two Calgary Companies Named to 2026 Global Cleantech 100

Cleantech Group has released its 2026 Global Cleantech 100, recognizing companies around the world positioned to deliver solutions that support a cleaner, more resilient global economy. Among this year’s honourees are two Calgary-based companies, reinforcing the city’s growing role in global energy and industrial decarbonization.

Now in its 17th year, the Global Cleantech 100 highlights innovators addressing some of the world’s most pressing challenges, from clean energy systems and carbon management to critical minerals and digital infrastructure.

Following a year marked by geopolitical uncertainty and shifting economic signals, the global cleantech ecosystem enters 2026 with slightly greater stability—but intensifying competition. According to Cleantech Group, growth is increasingly concentrating around two dominant themes: AI-enabled infrastructure and critical minerals, alongside technologies that can decarbonize heavy industry and deliver reliable, scalable energy.

This year, nine Canadian companies were named to the Global Cleantech 100. Calgary’s representation reflects the city’s strengths in energy systems and industrial innovation.

Calgary-based Carbon Upcycling was recognized for its work transforming carbon emissions from industrial waste into low-carbon cement and other advanced materials. The company’s approach addresses one of the most difficult challenges in climate action: reducing emissions from heavy industry while maintaining economic viability at scale.

Also based in Calgary, Eavor earned its place on the list for developing closed-loop, conduction-only geothermal energy systems designed to provide reliable, zero-emissions baseload power. Unlike conventional geothermal, Eavor’s technology does not rely on naturally occurring underground heat or water reservoirs, expanding the potential for geothermal deployment in new regions.

Canada’s total of nine companies matches last year’s showing, suggesting sustained depth in the country’s cleantech pipeline even as global competition accelerates. For Calgary, the recognition of Carbon Upcycling and Eavor highlights the city’s continued evolution from a traditional energy centre into a hub for next-generation technologies shaping the global energy transition.