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101 Most Innovative Canada Based Energy Companies & Startups

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This article showcases our top picks for the best Canada based Energy companies. These startups and companies are taking a variety of approaches to innovating the Energy industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

  • Innovation
    • Innovative ideas
    • Innovative route to market
    • Innovative product
  • Growth
    • Exceptional growth
    • Exceptional growth strategy
  • Management
  • Societal impact

Top Canada Energy Startups

Data sourced from Crunchbase and SemRush.

Enbridge

Enbridge

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Enbridge is a energy distribution company that provides distribution, gathering, processing and storage of natural gas.

Carbon Engineering

Carbon Engineering

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Carbon Engineering is a clean energy company.

Carbon Engineering

Ballard Power Systems

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Ballard Power Systems develops and sells hydrogen fuel cell products primarily in United States, Canada, Japan and Germany.

Carbon Engineering

Validere

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Validere builds software and hardware solutions that improve visibility and trust in oil testing.

Carbon Engineering

GaN Systems

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GaN Systems offers a range of Gallium Nitride high power switching diodes and transistors for clean tech power conversion applications.

Carbon Engineering

Crux OCM

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Crux OCM utilizes AI and real-time optimization to enable autonomous operation of major oil and gas assets.

Carbon Engineering

SNC Lavalin

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SNC-Lavalin is an engineering and construction group.

Carbon Engineering

Canadian Solar

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Canadian Solar designs, develops, manufactures and sells solar cell and module products that convert sunlight into electricity.

Carbon Engineering

dcbel

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dcbel offers AI-driven sustainable technologies which enable people to leverage solar energy to power their cars, homes, and lifestyles.

Carbon Engineering

Hydrostor

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Hydrostor is a developer of Advanced Compressed Air Energy Storage (A-CAES), a long-duration, emission-free, cost-effective energy storage.

Carbon Engineering

Eavor

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Eavor is a technology based energy company that provides a clean, carbon-neutral, scalable, baseload power solution.

Carbon Engineering

HTEC Hydrogen Technology & Energy

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HTEC is a privately held company located in North Vancouver British Columbia, Canada dedicated to realizing the opportunities presented

Carbon Engineering

Metamaterial Inc.

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Mastering Light using Smart Materials & Photonics. Changing the way we use, interact and benefit from Light.

Carbon Engineering

Peak Power Inc

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Software company that enables intelligent energy in smart cities

Carbon Engineering

ChargeLab

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ChargeLab is the Android of EV charging. Our hardware-agnostic software runs on the world’s most popular EV chargers.

Carbon Engineering

Amp Solar Group

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Amp Solar Group is a global developer of flexible clean energy infrastructure.

Carbon Engineering

Crescent Point Energy

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Crescent Point Energy is an independent exploration and production company that produces oil and gas.

Carbon Engineering

Eddyfi

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Eddyfi is a provider of electromagnetic inspection technologies.

Carbon Engineering

BluWave-ai

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SaaS-based grid energy optimization platform for more sustainable, reliable, & affordable energy decisions.

Carbon Engineering

Terrestrial Energy

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Deploying advanced reactor power plants based on the Molten Salt Reactor, in the 2020s

Carbon Engineering

Parity

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Parity is a software for buildings that automatically manages their energy and tracks their savings.

Carbon Engineering

Hydrogenics

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Hydrogenics is a leader designing, manufacturing, building and installing industrial and commercial.

Carbon Engineering

Pembina

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Pembina Pipeline is a reliable energy transportation and service provider.

Carbon Engineering

Boralex

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Boralex is a power producer whose core business is dedicated to the development and the operation of renewable energy power stations.

Carbon Engineering

Just Energy

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Just Energy specializes in electricity and natural gas commodities, energy efficiency solutions, and renewable energy options.

Carbon Engineering

Anaergia

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Anaergia offers sustainable solutions for the generation of renewable energy and the conversion of waste to resources.

Carbon Engineering

Seven Generations Energy

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Seven Generations Energy develops oil and gas resources in Canada and the United States.

Carbon Engineering

Emera

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A geographically diverse energy and services company headquartered in Halifax, Nova Scotia

Carbon Engineering

Sofdesk

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Sofdesk offers web application solutions for solar installation, roofing, and insurance companies.

Carbon Engineering

Powerside

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Powerside delivers an integrated range of power monitoring, analysis, and power quality services.

Carbon Engineering

AltaGas Ltd

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AltaGas’ vision is to be a leading North American energy infrastructure company.

Carbon Engineering

GBatteries

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GBatteries develops advanced fast charge technology and is backed by some of the world’s leading investors.

Carbon Engineering

Irving Oil

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Irving Oil is a privately-owned energy and marketing company.

Carbon Engineering

Electrovaya

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Electrovaya is a publicly traded company listed on the Toronto Stock Exchange (TSX: EFL).

Carbon Engineering

Innergex

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Innergex Renewable Energy is a hydro, wind and solar energy resources.

Carbon Engineering

Envio Systems

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Envio Systems develops cloud-based building technologies for existing commercial buildings.

Carbon Engineering

CSI Solar

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CSI Solar is an energy company that manufactures solar photovoltaic modules and provides solar energy solutions.

Carbon Engineering

BluEarth Renewables

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BluEarth’s ongoing growth and investment in renewable energy projects

Carbon Engineering

Cold Bore Technology

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Cold Bore develops technology for fracking companies that provides transformative insight into both surface and downhole operations.

Carbon Engineering

Gran Tierra Energy

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Gran Tierra Energy is a company focused on oil and gas exploration and production in Colombia and Ecuador.

Carbon Engineering

Eguana

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Eguana develops, manufactures, and sells advanced power inverters and energy storeage systems.

Carbon Engineering

e-Zinc

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e-Zinc is an electrochemical technology developer of energy storage solutions.

Carbon Engineering

SECURE Energy Services

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SECURE provides safe, innovative, efficient and environmentally responsible fluids and solids solutions to the oil and gas industry.

Carbon Engineering

Distech Controls

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Distech Controls is an energy management solutions company providing management technologies and services for buildings.

Carbon Engineering

Vesta Energy

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Vesta Energy is a privately owned oil and gas company focused on the development of commercial shale oil properties.

Carbon Engineering

Grasshopper Solar

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Their vision is to transform the way we use resources by providing access to sustainable solutions.

Carbon Engineering

Proton Technologies

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Proton Technologies produces hydrogen with zero emissions and keep the carbon in the ground.

Carbon Engineering

NexGen Energy

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NexGen Energy Ltd is a Canadian based uranium exploration and development company established by Tigers Realm Group.

Carbon Engineering

Salient Energy

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Salient Energy produces zinc-ion batteries for applications in the electrical grid.

Carbon Engineering

Enerplus

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North American Energy Producer

Carbon Engineering

DarkVision Technologies

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New ultrasound-based imaging technology for delivering ultra-high resolution 3D models of oil and gas wells.

Carbon Engineering

Tourmaline

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Tourmaline operates as an intermediate crude oil and natural gas exploration and production.

Carbon Engineering

Hydra Energy

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Hydra Energy is accelerating the shift to clean combustion in transportation offering hydrogen cheaper than diesel with no up front costs.

Carbon Engineering

Keyera

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Keyera is one of the largest midstream operators in Canada.

Carbon Engineering

Clear Blue Technologies

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Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications.

Carbon Engineering

Jaza

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Jaza is building a network of renewable energy hubs in African communities beyond the electrical grid

Carbon Engineering

Frontera Energy Corporation

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Frontera Energy explorer and producer of natural gas and crude oil.

Carbon Engineering

Aimsio

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Aimsio improves managerial, operational, and financial processes by strengthening communications between the office and the job site.

Carbon Engineering

Legend Power Systems

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LPS is an energy management platform to help owners of commercial buildings overcome risk and waste inherent in today’s electric grid.

Carbon Engineering

VRB Energy

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VRB Energy is a global leader in vanadium redox battery technology driven to empower a clean energy future for the world.

Carbon Engineering

Black Swan Energy

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Black Swan Energy is an oil and gas exploration and production company operating in the Western Canadian Sedimentary Basin.

Carbon Engineering

General Fusion

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General Fusion develops utility-scale fusion power using magnetized target fusion.

Carbon Engineering

Tamarack Valley Energy

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Tamarack Valley Energy is a company dedicated to mining oil and gas resources in Canada.

Carbon Engineering

Spartan Energy Corp.

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Spartan Energy Corp. is an oil and gas company.

Carbon Engineering

Summit Nanotech

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Summit Nanotech is a B2B company that specializes in nanotechnology to upscale and manufacture modular commercial systems.

Carbon Engineering

Pieridae Energy Canada

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Pieridae Energy is Canada’s only publicly traded Canadian corporation based in Calgary.

Carbon Engineering

Velvet Energy

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Velvet Energy is an energy exploration company that explores for, develops, acquires, and produces crude oil and natural gas in Canada.

Carbon Engineering

Hifi Engineering

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Hifi Engineering develops robust, high fidelity monitoring systems for the purpose of licensing to oil and gas service companies.

Carbon Engineering

EBC inc

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EBC inc is a company that carry out infrastructure projects across the state.

Carbon Engineering

Potentia Renewables

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Potentia Renewables is a renewable energy power grid company located in Toronto.

Carbon Engineering

Beyond Energy Services And Technology

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Beyond Energy Services & Technology is a provider of managed pressure drilling and drilling fluids services.

Carbon Engineering

EnerCare

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EnerCare, they believe that intelligent energy solutions can benefit everyone.

Carbon Engineering

Source Energy Services

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Source Energy Services is an integrated supplier and distributor of high quality proppants in Western Canada and the United States

Carbon Engineering

Africa Oil Corp

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Africa Oil is a Canadian oil and gas company with assets in Kenya, Ethiopia and Somalia.

Carbon Engineering

Eocycle

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Eocycle develops, manufactures, and commercializes wind turbines for distributes wind energy applications.

Carbon Engineering

STEP Energy Services

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Calgary oilfield service company.

Carbon Engineering

Morgan Solar

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Morgan Solar is a provider of low-cost solar power applications.

Carbon Engineering

McCoy Global

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McCoy Global provides innovative products and services to the global energy industry.

Carbon Engineering

Trinidad Drilling

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Trinidad Drilling is focused on providing modern, reliable, expertly designed drilling rigs, operated by well-trained personnel.

Carbon Engineering

Carbon Upcycling

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Carbon Upcycling uses the pollution of today to build the materials of tomorrow.

Carbon Engineering

RainStick

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RainStick is a recirculating shower that saves 80% energy and 80% water.

Carbon Engineering

Heliene Inc

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Heliene Inc has developed technology to make solar power more reliable and affordable.

Carbon Engineering

Avanti Energy

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Avanti Energy focuses on the business of exploration and acquisition of the oil and gas business.

Carbon Engineering

QD Solar Inc.

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QD Solar is a technology company based in Canada that develops photovoltaic cells that use colloidal quantum dot technology.

Carbon Engineering

MEG Energy

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MEG Energy is a Canadian oil sands company focused on sustainable in situ development and production in the southern Athabasca oil sands.

Carbon Engineering

Alterra Power Corp

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Alterra Power Corp is a power generation company that specializes on geothermal power, hydro power, and solar power.

Carbon Engineering

PyroGenesis

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PyroGenesis is the world leader in the design, development, manufacturing and commercialization of advanced plasma processes.

Carbon Engineering

Peyto Exploration & Development

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Peyto Exploration & Development Corp is an explorer and producer of uncoventional natural gas in Alberta’s Deep Basin.

Carbon Engineering

DynaCERT

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Provide a reliable and effective electrolysis unit.

Carbon Engineering

NuVista Energy

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NuVista is an oil and natural gas company engaged in the exploration, development, and production of oil and natural gas reserves.

Carbon Engineering

Woodland Biofuels

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To produce cellulosic ethanol from waste biomass, such as wood chips and agricultural waste.

Carbon Engineering

Intelligent Wellhead Systems

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Intelligent Wellhead Systems provides proprietary and unique surface control systems for the oil and gas industry.

Carbon Engineering

Touchstone Exploration

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Touchstone Exploration is an upstream oil and gas company focused on exploration and development of its oil and gas properties.

Carbon Engineering

Saguaro Resources

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Saguaro Resources focuses on the exploration, acquisition, and development of tight oil and liquid rich gas fairways.

Carbon Engineering

Quantiam Technologies

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Quantiam Technologies is a nano technology company with a focus on to capture carbon, store and use it using nano materials.

Carbon Engineering

Mara Renewables

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Mara Renewables Corporation (Mara) is the leading Canadian biotechnology company.

Carbon Engineering

Strad Energy Services

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Strad Energy Services is a provider of energy services and solutions.

Carbon Engineering

Bellatrix Exploration

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Bellatrix Exploration is a producer focused on exploration and development of light oil and liquids-rich natural gas opportunities.

Carbon Engineering

Solace Power

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Solace Power is a wireless power, sense and data company developing proprietary electric field base (Resonant Capacitive Coupling) solutions

Carbon Engineering

Gear Energy

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Gear Energy engages in the acquisition, exploration, development, and production of petroleum and natural gas properties.

Carbon Engineering

TROES

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TROES is a Canadian company to develop smart power energy storage technologies, products and solutions.

Written by Mark Smith

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