The COP21 climate meeting in Paris has ended, and representatives from 196 nations made a historic pact Saturday, agreeing to adopt green energy sources, cut down on climate change emissions, and try to limit the rise of global temperatures. Naturally, countries will need to adapt by switching to renewable energies, nuclear, and develop technologies for carbon capture, and the companies on our list today stand to benefit from this movement.
Ballard Power Systems Inc. (TSX: BLD) – $1.62
Renewable Energy Equipment & Services
Ballard Power Systems Inc. is engaged in development and commercialization of proton exchange membrane (PEM) fuel cell. The Company’s principal business is the design, development, manufacture, sale and service of fuel cell products for a variety of applications, focusing on the telecom backup power, material handling, bus and distributed generation markets. It also offers engineering services for various fuel cell applications.
- Market Cap: $229,711,454
- Total Revenue (LTM): $65,239,372
- Total Equity (LFQ): $124,228,915
- Cash and ST Inv. (LFQ): $65,429,811
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Carmanah Technologies Corporation (TSX: CMH) – $5.20
Renewable Energy Equipment & Services
Carmanah Technologies Corporation (Carmanah) designs, develops and distributes industrial and commercial solar powered outdoor light emitting diode (LED) lighting systems; solar powered signaling systems for marine, aviation, traffic and obstruction markets, and solar powered energy systems for mobile markets (primarily recreational vehicles and trucks). The Company also designs and installs photovoltaic (PV) rooftop and greenfield power plants. Carmanah operates through three business segments: Signals, Illumination and Power.
- Market Cap: $127,575,608
- Total Revenue (LTM): $76,034,239
- Total Equity (LFQ): $85,460,378
- Cash and ST Inv. (LFQ): $23,341,261
CO2 Solutions Inc. (TSXV: CST) – $0.215
Environmental Services & Equipment
CO2 Solution Inc. (CO2 Solutions) is a Canada-based company involved in the capture and management of carbon dioxide (CO2). The Company is focused on commercializing an enzyme-based enabling technology for CO2 capture from fossil fuel-power plants and other emitters of CO2. Its applications include carbon capture and utilization, such as enhanced oil recovery, pulp and paper, water treatment, greenhouses and beverage carbonation, and carbon capture and sequestration (CCS).
- Market Cap: $28,123,599
- Total Revenue (LTM): $0
- Total Equity (LFQ): $1,524,500
- Cash and ST Inv. (LFQ): $863,170
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Polaris Infrastructure Inc. (TSX: PIF) – $9.20
Renewable Fuels
Polaris Infrastructure Inc., formerly Ram Power, Corp., is a renewable energy company that is engaged in the acquisition, exploration, development and operation of geothermal energy projects, with an operating project in Nicaragua and development projects in the United States and Canada. Its portfolio of geothermal exploration properties consists of the Casita, Orita and Clayton Valley project. The Casita project is located in northwest Nicaragua in the Department of Chinandega. The Company, through its subsidiary Polaris Energy Nicaragua, S.A. (PENSA), owns and operates a 72 megawatt/day capacity geothermal facility.
- Market Cap: $143,432,502
- Total Revenue (LTM): $63,762,868
- Total Equity (LFQ): $282,677,458
- Cash and ST Inv. (LFQ): $85,640,782
BIOX Corp. (TSX: BX) – $0.77
Renewable Fuels
BIOX Corporation (BIOX) is a Canada-based renewable energy company that designed, built, owns and operates a 67 million liter per annum nameplate capacity biodiesel production facility in Hamilton, Ontario. The Company produces and sells biodiesel as well as bioheavies and technical grade glycerin, which are by-products of the production of biodiesel. It utilizes a variety of feedstock’s ranging from pure seed oils to animal fats to recovered vegetable oils, animal fats, used cooking oils, corn oil from ethanol production or crude palm oil.
- Market Cap: $29,870,653
- Total Revenue (LTM): $74,708,000
- Total Equity (LFQ): $37,427,000
- Cash and ST Inv. (LFQ): $10,573,000
