CIX has announced the recipients of its 2026 Startup Awards, recognizing 14 Canadian companies selected from more than 370 applicants and vetted by 94 leading North American investors. Spanning Toronto, Vancouver, Montreal, and Calgary, the cohort reflects the breadth of Canada’s innovation economy, with startups tackling challenges across healthtech, climate, defence, fintech, and martech. More […]
Eavor
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 […]
Eavor Celebrates the ‘Technological and Commercial Success’ of Geothermal System
Founded in 2017, Calgary’s Eavor has developed a closed-loop geothermal system, known as the Eavor-Loop, which draws on Alberta’s deep reservoir of drilling expertise. For multiple years now, the Canadian cleantech innovator has been working on its first commercial-scale project, located in Germany, which this year garnered $138M in financial support from the federal government. […]
Mark Fitzgerald Takes Over as CEO of Eavor at ‘Important Time of Growth and Expansion’
In July, we reported on John Redfern stepping down as chief executive officer of Eavor Technologies for “personal reasons.” Redfern, a cofounder of the Calgary-based geothermal technology company, downshifted to a strategic advisory role after leading his organization for nearly a decade, including securing $138 million from Canada Growth Fund earlier this year. In the […]
John Redfern Stepping Down as the CEO of Eavor Technologies
John Redfern is stepping down as chief executive officer of Eavor Technologies for “personal reasons,” the Calgary-based geothermal technology company upstart recently revealed. Redfern, a cofounder of the Canadian cleantech, will continue his association with the company in a strategic advisory role, according to a statement from Eavor, whose flagship solution, the Eavor-Loop, offers a […]
Calgary’s Eavor Secures $138M to Advance Global Geothermal Push
Calgary-based Eavor Technologies has received a financing commitment of up to $138 million from Canada Growth Fund (CGF), reinforcing the city’s position as a hub for energy innovation. The deal includes an immediate $89 million investment and an additional $48 million pending milestone achievements. It follows CGF’s initial $90 million investment in October 2023 and […]
Eavor Achieves Breakthrough in Geothermal Drilling with Eavor-Link AMR Technology
Calgary-based Eavor has successfully deployed its proprietary Eavor-Link™ Active Magnetic Ranging (AMR) system at its pioneering closed-loop geothermal project in Geretsried, Germany—marking a major step forward in the future of scalable geothermal energy. The Eavor-Link AMR system enables precise real-time magnetic ranging while drilling, eliminating the need for traditional wireline methods that require feeding cables […]
Panel to Tackle Scaling Challenges for Alberta Cleantech Startups
Alberta’s growing cleantech sector will take centre stage at a breakfast panel titled How to Scale Up Cleantech Firms on April 9th, exploring how to better support the province’s most promising startups. Hosted by the University of Calgary’s BMO Professorship in Sustainable and Transition Finance, the event will feature John Redfern, President and CEO of […]
Ambitious Alberta Blazes Clean-Tech Trail in 2024
Alberta has long been recognized for its significant involvement in the fossil fuel sector, famous for its vast oil sands. Increasingly, the province is also a hotbed for innovation in clean energy, especially hydrogen, as well as wind and solar. This year alone saw many local upstarts advance tech, commercialize product, win awards, and raise […]
Calgary to Host Energy Disruptors: UNITE 2024, Showcasing Cleantech Leaders
The future of Canada’s cleantech industry will be under the spotlight in Calgary as the city hosts Energy Disruptors: UNITE 2024 on October 1 and 2. The event promises to feature some of the country’s top innovators, with additional Calgary-based companies set to showcase their groundbreaking solutions. “It’s rare to have this kind of diversity […]