With our Market Watch column, we’re always searching for the latest in clean technology innovations, especially when it comes to Canadian companies. There has never been a more supportive environment for introducing cleantech to the market. New methods of converting waste to energy, innovative hydrogen projects, and more are coming to market around the world. But how do we keep track of the best cleantech?

The Cleantech Group recently released the 2024 Global Cleantech 100, a comprehensive list of the most promising private companies driving sustainable innovation across various industries. The judging committee has the difficult duty of vetting cleantech businesses from around the world.

Now in its 15th year, the Global Cleantech 100 serves as a showcase of companies making significant contributions to sustainable innovation and as an annual barometer on the state of global cleantech innovation, and key trends of the day.

These innovators are at the forefront of addressing the pressing climate and environmental challenges we face today. The list introduces you to companies with outstanding technologies and strong prospects for future growth, and who are widely respected for such amongst the market players.

The Global Cleantech 100 report also includes industry perspectives from Cleantech Group analysts, a summary of overall cleantech investments trends in 2023, as well as a look back on the last 15 years from the CEO.

Despite macroeconomic headwinds, in 2023 cleantech innovation took some major leaps forward. Cleantech innovators outperformed their peers in other technology areas with regard to venture and growth financing, and ambitious 2024 manufacturing plans were announced by key deep tech innovators. 2024 will be a year in which at-market innovations need to prove out economics to solidify their place in the rest of the 2020s, and pre-commercial technologies need to make technical gains to position for the 2030s.

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Which 13 Canadian companies were named to the 2024 Global Cleantech 100? Here’s the Canadians who made the cut:

Download the report here. 

Cleantech Group is hosting a follow-up webinar – Global Cleantech Innovation in 2024: Which of the Year’s Trends Will Set the Scene for the Rest of the 2020s?

This will be a year in which at-market innovations need to prove out economics to solidify their place in the rest of the 2020s, and pre-commercial technologies need to make technical gains to position for the 2030s. We unpack this and the rest of our expectations for 2024 in our webinar on February 6th.

This webinar will unpack expectations for 2024, including:

  • Next steps for innovation in hardest-to-abate sectors (steel, cement, chemicals)
  • Gains in manufacturing efficiencies for new energy materials
  • The dual challenge of decarbonizing today’s building stock while building the next generation of real estate more sustainably
  • Business model improvements to accelerate uptake of novel crop inputs

Registration available here.

Featured image: One of the Canadian companies featured on the list, Summit Nanotech Corporation, is evolving today’s lithium mines by extracting more high-purity lithium from natural resources faster and more sustainably to support the global electric vehicle (EV) demand. This image was taken as Summit Nanotech Corporation announced the opening of a facility in Santiago, Chile, in 2023 with the goal to scale up the Canadian company’s direct lithium extraction (DLE) technology. (Credit: Summit Nanotech)

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