Clean Tech Economic Activity
Start-up funding in the Edmonton clean tech sector has fostered cutting-edge technology development such as Grengine by Growing Greener Innovations. Grengine provides an affordable alternative to gas-powered generators and biomass burning, scalable for anyone and emission-free. It is a local technology success story.
Clean Tech Growth
The clean tech sector includes several areas of focus, namely: transportation, energy storage, power management, agriculture and process technologies that apply to many industries. Provincial investments in artificial intelligence, geothermal energy and information technology over the last decade were to make Alberta a magnet for investment in new technology. Edmonton’s ranking of 3rd in the world for AI/AM Research and Development, home to major bio-institutes, a renewable energy resource, and material supply chain, represents a sustainable base for growth in the clean technology sector or demand for their products. Edmonton’s 2,300 hours of sunshine each year makes it one of the sunniest cities in Canada. The local economy is incentivized with a city rebate program to support investment in solar power homes, in addition to a city climate resilience adaptation strategy.