Canada is a country that is taking the lead in the transition toward renewable energy sources. Canada has invested in sustainable energy alternatives, from wind power to hydroelectricity for years. One such alternative that has been gaining traction in recent years is bioenergy.
Bioenergy is using organic matter, such as plants, to create energy. It’s a renewable energy source that has the potential to reduce greenhouse gas emissions and contribute to a more sustainable future. In Canada, several companies are investing in bioenergy and are worth watching.
In this article, we’ll take a closer look at the bioenergy industry in Canada and highlight some of the top bioenergy stocks that investors should consider. Whether you’re a seasoned investor or just starting out in the world of stocks, this article will provide valuable insights into the growing bioenergy industry in Canada.
What do bioenergy companies do?
Bioenergy companies produce energy through biological sources, such as plants and animal fats. Bioenergy can come in many forms, including biofuel, biomass, biogas and bioelectricity.
Biofuels are derived from organic materials such as vegetable oil, animal fat and plant matter. Biomass is plant material, or animal waste converted into combustible fuel using heat and pressure. Biogas is created when organic matter decomposes without oxygen, producing methane. Bioelectricity is energy produced directly from living organisms.
Best Biofuel & Biomass Stocks in Canada
Solarvest bioenergy (SVS.V)
Solarvest Bioenergy (SVS.V) is a Canadian-based renewable energy company that focuses on developing sustainable biofuel, biomass and bioenergy projects. Solarvest has developed several technologies for converting woody biomass and other organic waste into renewable energy, clean fuels and other value-added products.
The company has successfully completed pilot projects in British Columbia, Alberta and Ontario.
CHAR Technologies Ltd. (YES.V)
CHAR Technologies Ltd. (YES.V) is a Canadian company focused on developing and commercializing biofuel, biomass, and bioenergy technologies. The company has developed proprietary technology for producing clean energy from organic waste streams such as wood chips, sawdust, paper products, and food waste.
CHAR also designs, builds and operates its own systems to convert these materials into clean energy.
Thermal Energy International Inc. (TMG.V)
Thermal Energy International Inc. (TMG.V) is a Canadian-based publicly traded company that provides advanced energy efficiency and emissions reduction solutions to the industrial, commercial and institutional sectors.
Thermal Energy designs, develops and implements proprietary and proven patented energy conservation projects that reduce a customer’s energy costs, carbon footprint and environmental impact. Thermal Energy’s products and services include waste heat recovery systems, heat recovery ventilation systems and flue gas emission control systems.
Pond Technologies Holdings Inc. (POND.V)
Pond Technologies Holdings Inc. grows microalgal biomass using CO2 emissions from Canadian industrial plants. The resulting algae is used in nutraceuticals, aquaculture, animal feeds, diagnostic and therapeutic treatments, and other markets.
The company also licenses its technology. Pond Technologies Holdings Inc. is located in Markham, Canada.
BioEnergy & Biofuel Companies in Canada
BioAmber Inc.
BioAmber Inc. is a Montreal-based bio-chemicals company producing biobased succinic acid, polymers and other chemicals building blocks.
Energir
Energir is a privately held Montreal-based company developing renewable energy projects, including wind, hydroelectric, solar and bioenergy. Formerly Valener Inc.
Enerkem Inc.
Enerkem Inc. is a Montreal-based company that develops technology to convert non-recyclable waste into biofuels and chemicals.
The company owns a commercial waste incinerator at Edmonton’s Waste Management Centre that produces bioethanol used to manufacture windshield washer fluids and other products such as bioplastics.
ArcTern Ventures
ArcTern Ventures is a Toronto-based venture capital firm that invests in clean energy businesses, including bioenergy and biomass companies.
Agrisoma Biosciences Inc.
Agrisoma Biosciences Inc. is a British Columbia-based biotechnology company that produces renewable fuels and chemicals from plant-based sources. Its stock symbol is AGR on the TSXV.
Nexterra Systems Corp.
Nexterra Systems Corp. is a British Columbia-based firm dedicated to developing clean-burning fuel from biomass. Private company
Should I Invest In Bioenergy?
Bioenergy is a promising renewable energy source that has the potential to help reduce greenhouse gas emissions and create a more sustainable future. Many companies in Canada are investing in bioenergy technologies, and these stocks can provide investors with lucrative growth opportunities. Canadian lumber stocks could benefit from the use of bioenergy fuels.
Bioenergy is energy produced from renewable biological sources such as biomass. The International Energy Agency aims to meet biofuels more than a quarter of the world’s demand for transport fuels by 2050, thereby reducing dependence on oil and coal. Modern bioenergy is derived from various biofuels derived from renewable biological sources.
Nexus Biofuels Inc. is a North American company specializing in the renewable energy industry that markets and validates hydrocracking processes to produce biofuels from diesel and syngas into marketable, bio-friendly residues from many waste streams, thereby reducing the environmental impact of current practices. IOGEN Corporation is a leading Canadian renewable energy company that develops, deploys, and scales processes to produce sustainable fuels using biofuels from cellulose.
We hope this article has provided valuable insight into Canada’s bioenergy industry and some of the top stocks to consider.
Should I Invest in Green Energy?
Canadian renewable energy companies make Canada a leader in renewable energy with active sectors such as solar, wind, hydropower, biogas, biofuels and more. Here are seven of the best green energy stocks for those involved in green energy production and others that use clean energy sources.
World Energy is the undisputed leader in blending and distributing biodiesel in North America. It brings its extensive production and operator knowledge to the biodiesel fleet as part of the Renewable Fuels Strategy of the Government of Canada. At the time of its design, there was clear evidence that it recognized the proven need to support Canadian biofuel companies in developing biofuel production capacity and improving the competitiveness of the Canadian biofuel industry. Lethbridge Biogas LP is a growing number of companies committed to developing green and sustainable energy in Alberta.
These companies generate more energy from wind and solar than any other company worldwide. In addition, Bullfrog Power, a leading Canadian green energy company, produces electricity and ensures that the energy, natural gas and green fuels its customers use come from clean, green sources.
While more and more pulp and paper companies are looking for ways to increase productivity and reduce their dependence on fossil fuels, wood is returning. However, after years of growing adoption of solar, wind, hydro, and other clean energy sources, investing in the underlying renewable energy companies can be a roller coaster ride.