Read about cleantech causing job growth here. Read about mainstream cleantech here.
Cleantech 10™ 2009 1. Westport Innovations (Vancouver, BC) 2. RuggedCom (Woodbridge, ON) 3. WaterFurnace Renewable Energy (Fort Wayne, IN) 4. Magma Energy Corp. (Vancouver, BC) 5. 5N Plus (Montreal, QC) 6. Carmanah Technologies Corp. (Victoria, BC) 7. NEO Material Technologies (Toronto, ON) 8. Stantec (Edmonton, AB) 9. Hemisphere GPS (Calgary, AB) 10. Innergex Renewable Energy Inc. (Longueuil, QC)** Source: Corporate Knights Inc. and Cleantech Group LLC
Find out what the Cleantech 10 CEOs had to say about Canada as a cleantech superpower here.
Cleantech Next 10 Emerging Leaders (alpha order), 2009 Cyrium Technologies (Ottawa, ON) Enerkem (Montreal, QC) EnerWorks (Dorchester, ON) Fifth Light Technology (Oakville, ON) - also in Deloitte Green 15 General Fusion (Burnaby, BC) Ostara Nutrient Recovery Technologies (Vancouver, BC) SiXtron Advanced Materials (Dorval, QC) Skymeter (Toronto, ON) StormFisher Biogas (Toronto, ON) Vive Nano (Toronto, ON) - also in Deloitte Green 15
How was CK Cleantech 10™ determined? We sought out technology-driven growth companies that have big impacts on resource efficiency and the environment—not simply those re-branding themselves as ‘green.’ A set of 18 screening criteria were applied to all TSX companies that Cleantech Group LLC use for their broad Cleantech Index. While the TSX has a large number of Cleantech stocks, they tend to be younger and smaller, so the screening criteria was applied with some leniency to allow for a rounded out top-ten list. A heavy emphasis was placed on purity (percentage of revenues or income from Cleantech business, and whether or not it’s really ‘clean’) and quality (strategy, management, financial strength, sector leadership). Other key criteria included growth, earnings, liquidity, capitalization, technology/intellectual property, and overall impact.
Cleantech Next 10 Methodology The Next 10 are selected by an advisory panel of Canada’s foremost authorities on cleantech, based on the following four judging criteria: creativity and original approach, solving a business problem, clear business objective, and best chance of breaking through.
Next 10 Advisory Panel Tyler Hamilton, Energy Reporter, The Toronto Star Andrew Heintzman, Co-Founder, Investeco Denis Leclerc, President and CEO, Québec Cleantech Cluster Nicholas Parker, Executive Chairman, Cleantech Group LLC Tom Rand, Director, VCi Green Funds and Practice Lead, Cleantech and Physical Sciences at the MaRS Discovery District Vicky J. Sharpe, President and CEO, Sustainable Development Technology Canada
For bios of the Next 10 Advisory Panel, click here.
**Transalta Corp. (TSX:TA) has completed its takeover of former Cleantech 10™ constituent Canadian Hydro Developers (formerly TSX:KHD). In response, Corporate Knights and Cleantech Group LLC have named Innergex Renewable Energy Inc. (TSX:INE) to the Cleantech 10 list in tenth spot.
