On July 11, 2025, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced close to $16 million in federal funding for energy projects in Nova Scotia, Prince Edward Island and New Brunswick.
>> In Other News: CF Industries Announces Start-up of Donaldsonville Complex CO2 Dehydration and Compression Unit, Permanent CO2 Sequestration
Energy Innovation Program – Smart Grid Demonstration
The Energy Innovation Program (EIP) supports research, development, demonstration and related scientific activities that advance clean energy technologies. These investments help Canada meet its climate targets and support the transition to a low‑carbon economy.
Projects funded under the Smart Grid Demonstration Call for Proposals showcase innovative smart‑grid technologies, solutions and market or contract mechanisms.
| Facility/Project | Location | Annual Capacity | Status |
|---|---|---|---|
| XCF New Rise Reno | Nevada, USA | 38 million gallons | Operational |
| XCF New Rise Reno II | Nevada, USA | 40 million gallons | Planned 2026 |
| Rotterdam SAF Plant | Netherlands | 250,000 tonnes | Under Development |
| XCF Fort Myers | Florida, USA | 40 million gallons | Planned |
| XCF Wilson | North Carolina, USA | 40 million gallons | Planned |
Energy Innovation Program – Carbon Capture, Utilization and Storage
The EIP’s Carbon Capture, Utilization and Storage (CCUS) Call for Proposals aims to advance the commercial viability of CCUS technologies.
| Project name | Recipient | Location | Funding amount | Description |
|---|---|---|---|---|
| A Regulatory Roadmap for Offshore Carbon Storage in Atlantic Canada | Dalhousie University | Halifax, Nova Scotia | $704,089 | This project will develop a roadmap for policies and regulations to better support a regulatory framework for offshore carbon storage, paving the way for innovation that will help offshore industries reduce emissions. |
Indigenous Natural Resource Partnerships
The program aims to increase the economic participation of Indigenous communities and organizations in the development of natural resource projects that support the transition to a clean energy future.
| Facility/Project | Location | Annual Capacity | Status |
|---|---|---|---|
| XCF New Rise Reno | Nevada, USA | 38 million gallons | Operational |
| XCF New Rise Reno II | Nevada, USA | 40 million gallons | Planned 2026 |
| Rotterdam SAF Plant | Netherlands | 250,000 tonnes | Under Development |
| XCF Fort Myers | Florida, USA | 40 million gallons | Planned |
| XCF Wilson | North Carolina, USA | 40 million gallons | Planned |
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
The $450M Offtake Deal Behind Emvolon’s $22M Raise
Inside This Issue 🏗️ Emvolon Raises $22 Million Funding Round to Launch Its Modular, Waste-to-fuel Chemical Plants 🔋 Terraton Turns Kenyan Nut Shells into Carbon Credits ⚡ Ballard Launches HPU Agi...
-
113 CCS Projects: What's Driving the Surge?
Inside This Issue 🏭 Global CCS Hits 113 Projects as Americas Lead Capacity 💰 We're Moving $2M+ to Climate Solutions 💧 China Launches World's First Semi-submersible Offshore Wind-to-hydrogen Platfo...
-
Why Is Wyoming Giving 650,000 Acres to Carbon Storage?
Inside This Issue 🪨 Inside Blm's 650,000-Acre Bet on Wyoming Carbon Storage 🏭 California Advances Carbon Capture and Removal Regulations Under SB 905 ⚡ Why a Japanese Power Giant Is Betting on Den...
Company Announcements
-
Terradot and HASI Close $34 Million Investment for Carbon Removal Projects
SAN FRANCISCO & ANNAPOLIS, Md.--Terradot, a leader in carbon removal, and HA Sustainable Infrastructure Capital, Inc. ("HASI") (NYSE: HASI), a leading investor in sustainable infrastructure ass...
-
Ballard Launches HPU Agile-H: 80kW of Clean Power in a Lightweight, Towable Unit
VANCOUVER, BC and NEWCASTLE, United Kingdom, Oct. 28, 2026 /PRNewswire/ -- Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP), through its recent acquisition, GeoPura, has launched the HPU Agile-H, a...
-
A consortium led by Novacium, together with Axel’One and AD-VENTA, has secured funding from the Defence Innovation Agency (AID) and the Directorate General of Armaments (DGA) under the RAPID progr...
-
Video: The Next Chapter https://youtu.be/LUIHqS35rMg Led by John Douglas, whose development experience includes the $8 billion Champlain Hudson Power Express, the collaboration brings major Nort...