Renewable Energy

Power a cleaner future with Renewable Energy in Ontario

Renewable Energy

Power a cleaner future with Renewable Energy in Ontario

Global Renewable
Energy Industry

The imperative of sustainable energy expansion
Renewables are not just an alternative; they're a necessity for clean energy transitions. The Renewable Energy market, consisting of solar, wind, hydropower, and biofuels sources, is pivotal in the global endeavour to cultivate a more sustainable and less carbon-intensive energy landscape.
In 2022, the growth in renewables' contribution to the energy supply marked the second-highest historical surge, with an addition of approximately 340 GW in capacity. Capacity is set to increase by one third this year due to rising fossil fuel costs, energy security worries, and stronger policies, leading to more use of solar and wind energy.
Currently, only Solar PV aligns with the goals of the Net Zero Emissions by 2050 (NZE) Scenario. Other renewable sources, like wind, hydro, geothermal, solar thermal, and ocean energy, must grow at a much faster pace to meet these targets. While non-bioenergy renewables currently make up around 5% of the total energy supply, this needs to jump to about 17% by 2030 in the NZE Scenario. To reach this target, the annual use of Renewable Energy must grow by roughly 13% from 2023-2030, which is double the rate of the last five years.

Canadian Renewable
Energy Industry

A world leader in the production and use of energy from renewable resources
Canada's vast land and diverse geography provide a wealth of Renewable Energy resources, including water, wind, biomass, solar, geothermal, and ocean energy. In 2022, renewable sources made up 16.9% of Canada’s primary energy supply, establishing the country as a global leader in Renewable Energy production and use.
The country's primary Renewable Energy source is hydroelectric power, with moving water accounting for 59.3% of Canada’s electricity generation. This makes Canada the 3rd largest hydroelectricity producer globally. Approximately 500 large and small-scale hydro facilities are spread throughout the country.
Following hydroelectricity, wind energy and solar photovoltaic (PV) are the fastest-growing sources of electricity in Canada. Wind energy accounted for about 6% of the country's electricity production in 2022, with installed capacity increasing from 1,846 megawatts (MW) in 2007 to 15,132 MW in 2022. Solar PV has also seen growth, with cumulative installed capacity growing from 26 MW in 2007 to 6,452 MW in 2022.

In 2021, The Canadian Net-Zero Emissions Accountability Act became law, enshrining in legislation Canada’s commitment to achieving net-zero emissions by 2050. This has led to robust call-to-actions in the form of the The Pan-Canadian Framework on Clean Growth and Climate Change and CanREA’s 2050 Vision.

The Pan-Canadian Framework outlines ambitious climate policies aimed at further increasing renewable electricity generation and phasing out coal. The framework emphasizes the importance of expanding wind and solar energy capacities, which are expected to play a key role in this transition.

The Canadian Renewabke Energy Association (CanREA) has a bold vision for 2050. Achieving these goals requires collaboration between federal and provincial governments, utilities, system operators, and regulators. The key tasks that have been outlined include decarbonizing Canada’s electricity production by 2035 for use in other sectors, rethinking electricity infrastructure investments and modernizing its markets and regulations, as well as building new wind, solar and energy storage capabilities.

Canadian Renewable Energy Industry

A world leader in the production and use of energy from renewable resources
Canada's vast land and diverse geography provide a wealth of Renewable Energy resources, including water, wind, biomass, solar, geothermal, and ocean energy. In 2022, renewable sources made up 16.9% of Canada’s primary energy supply, establishing the country as a global leader in Renewable Energy production and use.
The country's primary Renewable Energy source is hydroelectric power, with moving water accounting for 59.3% of Canada’s electricity generation. This makes Canada the 3rd largest hydroelectricity producer globally. Approximately 500 large and small-scale hydro facilities are spread throughout the country.
Following hydroelectricity, wind energy and solar photovoltaic (PV) are the fastest-growing sources of electricity in Canada. Wind energy accounted for about 6% of the country's electricity production in 2022, with installed capacity increasing from 1,846 megawatts (MW) in 2007 to 15,132 MW in 2022. Solar PV has also seen growth, with cumulative installed capacity growing from 26 MW in 2007 to 6,452 MW in 2022.

In 2021, The Canadian Net-Zero Emissions Accountability Act became law, enshrining in legislation Canada’s commitment to achieving net-zero emissions by 2050. This has led to robust call-to-actions in the form of the The Pan-Canadian Framework on Clean Growth and Climate Change and CanREA’s 2050 Vision.

The Pan-Canadian Framework outlines ambitious climate policies aimed at further increasing renewable electricity generation and phasing out coal. The framework emphasizes the importance of expanding wind and solar energy capacities, which are expected to play a key role in this transition.

The Canadian Renewabke Energy Association (CanREA) has a bold vision for 2050. Achieving these goals requires collaboration between federal and provincial governments, utilities, system operators, and regulators. The key tasks that have been outlined include decarbonizing Canada’s electricity production by 2035 for use in other sectors, rethinking electricity infrastructure investments and modernizing its markets and regulations, as well as building new wind, solar and energy storage capabilities.

Why Choose Ontario
For Renewable Energy

Ontario is a leader in renewables
In Ontario, hydro is the dominant renewable electricity source, with wind, solar, and biomass trailing behind. Together, non-hydro renewables contribute to 16,451 GW.h, marking the highest contribution among all provinces. In 2018, over one third of its electricity generation came from renewable sources, with 92% was deriving from sources that didn't emit greenhouse gases. Remarkably, about 40 of the province's hydropower facilities have been running for over a century.
The renewable energy domain in Ontario is currently witnessing a significant surge, fueled by the province's growing power needs. The province's system planner, the IESO, has projected capacity requirements of up to 1,500 MW between 2025 and 2027.
Furthermore, IESO also underlined the gaps to be filled to achieve a fully decarbonized electricity sector by 2050 and pursue rigorous electrification.
The system would need to expand to over twice its current size, from 48,000 MW to 88,000 MW, with an estimated expense nearing CA $400 billion.
This will demand substantial capital, materials, and workforce investments, coupled with the advancement of nascent technologies.
  • Niagara Region is a hub for hydropower with 5 hydroelectric stations located here, DeCew I Generating Station, DeCew II Generating Station, Sir Adam Beck I Generating Station, Sir Adam Beck II Generating Station, and Sir Adam Beck Pump Generating Station

  • Bruce County: Huron Wind, Ontario’s inaugural commercial wind farm, is located overlooking Lake Huron, an optimal location for capturing wind. It features five 1.8 megawatt V80 turbines from Vestas

  • Northern Ontario: Areas like Atikokan host the Atikokan Generating Station, which was converted from coal. It is North America’s largest 100% biomass-fueled power plant
  • Toronto and surrounding areas: As the urban hub of the province, the Toronto – Waterloo region has the largest concentration of CleanTech companies in Canada, with over 5000 CleanTech companies based in the area
Ontario hosts world-class universities like The University of Toronto, McMaster University, University of Waterloo, Wilfrid Laurier University, Conestoga College, Western University, and many more that dispense top tech talent hired across the globe. In fact, graduates from the University of Waterloo are known to be the 2nd most frequently hired by Silicon Valley companies.

A particularly significant development in Ontario is the recently established Environmental and Related Technologies Hub (EaRTH) District, that fosters CleanTech companies by providing access to exceptional R&D facilities, a skilled workforce, and readily available serviced industrial and commercial spaces.

The EaRTH District comprises five GTA Colleges and Universities, Centennial College, the University of Toronto Scarborough (UTSC), Ontario Tech University, Durham College, and Trent University. Together they are dedicated to sector-focused collaboration in the form of expertise, knowledge mobilization, active collaboration, and job creation to develop the region’s clean, green, sustainable technology sectors.

Canada’s trade agreements cover markets valued at over US $50 trillion with 1.7 billion consumers. Canada has free trade agreements with the largest manufacturing markets in the world: the United States (USMCA), the European Union (CETA) and Asia-Pacific (CPTPP).

Your business can access 187 million consumers within a day’s drive of the Greater Toronto Area. Ontario has 4 international and 300 regional airports, 250,000 km of roads and highways, a dozen border crossings and the 6th most internationally connected airport in the world.

Ontario’s Renewable Energy Industry Facts

1st

largest Renewable
Energy sector in Canada

#1

largest biomass fueled plant in North America

5/10

Canadian biodiesel
facilities are here

224

operational waterpower facilities

30%

of all ethanol production
in the country

1/3

of generated electricity
is from renewables

Ontario’s Renewable Energy Industry Facts

1st

largest Renewable Energy sector in Canada

#1

largest biomass fueled plant in North America

5/10

Canadian biodiesel facilities are here

224

operational waterpower facilities

30%

of all ethanol production in the country

1/3

of generated electricity is from renewables

Renewable Energy Funding, Resources and Organizations

Natural Resources Canada is dedicated to enhancing Canada’s abundant natural resources sustainably and competitively; they oversee energy efficiency initiatives, minerals and mining efforts, forestry sustainability measures, diversified energy sources (oil, gas, renewables), and more.

Environment and Climate Change Canada educates Canadians on safeguarding and preserving Canada’s natural legacy; they spearhead and track weather forecasts, environmental indicators, pollution and waste management, wildlife habitats, and more.

Innovation, Science and Economic Development Canada (ISED) collaborate with Canadians across various economic sectors and regions to enhance investment conditions, boost innovation, and expand Canada’s global trade share.

Clean Growth Hub is a federal knowledge hub that is the primary hub for information, resources, and guidance on federal support for clean technology in Canada, maintained by the three authorities mentioned above.

Canada’s Innovation Superclusters foster collaboration among industry leaders, SMEs, non-profit organizations, and post-secondary institutions to accelerate growth in five promising sectors:

  • Advanced Manufacturing
  • Artificial Intelligence in Supply Chains
  • Digital Technologies
  • Oceans
  • Plant Proteins

As a startup in the Renewable Energy space, if you think your product or service can add value to any of these sectors, you can apply for membership. Members have the opportunity to propose and participate in Supercluster projects. Approx CA $750 million over five years has been earmarked for Canada’s Global Innovation Clusters.

Other resources available include:

Ministry of Natural Resources and Forestry

leads the management of Ontario’s Crown lands, water, oil, gas, salt and aggregates resources, including making Crown land available for Renewable Energy projects. Visit Site

works to promote, foster, and grow Ontario’s clean technology sector. Visit Site

represents more than 200 companies, providing environmental products, technologies and services to government and industry. Visit Site

provides real world technology demonstration opportunities and encourages collaboration between private companies and academic researchers to accelerate and commercialize innovative water technologies. Visit Site

is a leading business accelerator for sustainable chemistry, creating a successful foundation to support two emerging hybrid chemistry clusters in Ontario. Visit Site

Renewable Energy Companies in Ontario

logo of renewable energy company alonquin
Algonquin Power & Utilities Corp.
354 Davis Rd, Oakville, ON L6J 2X1, Canada
atlantic-wind-and-solar-logo
Atlantic Wind & Solar
2 Bloor St W Suite 3500, Toronto, ON M4W 1A8, Canada
bluewater-energy-logo
Bluewater Energy
499 Elmira Rd N, Guelph, ON N1K 1C2, Canada
logo of renewable energy company brookfield
Brookfield Renewable Partners
181 Bay St. Suite 300, Toronto, ON M5J 2T3, Canada
canadian-solar-inc-logo
Canadian Solar Inc.
545 Speedvale Ave W, Guelph, ON N1K 1E6, Canada
energypal-logo
EnergyPal
90 Sheppard Ave E, North York, ON, Canada
grasshopper-energy-logo
Grasshopper Energy
Oakville, ON L6H 0H3, Canada
hammond-renewable-energy-logo
Hammond Renewable Energy
595 Southgate Dr, Guelph, ON N1G 3W6, Canada
invenergy-logo
Invenergy
67 Mowat Ave #335, Toronto, ON M6K 3E3, Canada
logo of renewable energy company northland power
Northland Power
30 St Clair Ave W, Toronto, ON M4V 3A1, Canada
logo of renewable energy company opus one solutions
Opus One Solutions
50 West Pearce St Unit 16, Richmond Hill, ON L4B 1C5, Canada
logo of cleantech company parity
Parity Inc.
579 Richmond St W Suite 200, Toronto, ON M5V 1Y6, Canada
logo of renewable energy company saturn power inc
Saturn Power Inc.
140 Foundry St, Baden, ON N3A 2P7, Canada
logo of renewable energy company solar x inc
Solar X Inc.
955 Bay St. Suite 2307, Toronto, ON M5S 0C6, Canada
Show Companies
logo of renewable energy company alonquin
Algonquin Power & Utilities Corp.
354 Davis Rd, Oakville, ON L6J 2X1, Canada
atlantic-wind-and-solar-logo
Atlantic Wind & Solar
2 Bloor St W Suite 3500, Toronto, ON M4W 1A8, Canada
bluewater-energy-logo
Bluewater Energy
499 Elmira Rd N, Guelph, ON N1K 1C2, Canada
logo of renewable energy company brookfield
Brookfield Renewable Partners
181 Bay St. Suite 300, Toronto, ON M5J 2T3, Canada
canadian-solar-inc-logo
Canadian Solar Inc.
545 Speedvale Ave W, Guelph, ON N1K 1E6, Canada
energypal-logo
EnergyPal
90 Sheppard Ave E, North York, ON, Canada
grasshopper-energy-logo
Grasshopper Energy
Oakville, ON L6H 0H3, Canada
hammond-renewable-energy-logo
Hammond Renewable Energy
595 Southgate Dr, Guelph, ON N1G 3W6, Canada
invenergy-logo
Invenergy
67 Mowat Ave #335, Toronto, ON M6K 3E3, Canada
logo of renewable energy company northland power
Northland Power
30 St Clair Ave W, Toronto, ON M4V 3A1, Canada
logo of renewable energy company opus one solutions
Opus One Solutions
50 West Pearce St Unit 16, Richmond Hill, ON L4B 1C5, Canada
logo of cleantech company parity
Parity Inc.
579 Richmond St W Suite 200, Toronto, ON M5V 1Y6, Canada
logo of renewable energy company saturn power inc
Saturn Power Inc.
140 Foundry St, Baden, ON N3A 2P7, Canada
logo of renewable energy company solar x inc
Solar X Inc.
955 Bay St. Suite 2307, Toronto, ON M5S 0C6, Canada
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