Headquartered in Ottawa and with offices in in the U.K., Italy, U.S., and China, Thermal Energy has become a global provider of proven energy efficiency and emission reduction solutions to the industrial and institutional markets.
Now, a team of Canadian engineers are building hydroelectric dams in Albania in what is seen as a controversial move as the dam, built across the Balkans, is said to have bad environmental standards with critics claiming it could destroy the rivers in the project.
Clean Energy Canada added up all the projects constructed in 2015 across the country to come up with the rankings. Perhaps not surprisingly, half the investments came from Ontario at $5.3 billion, followed by Quebec.
TransCanada said it found regulatory and environmental factors in Mexico suitable for its pipeline business and anticipated higher growth as lower costs and the quicker pace of the projects could produce favourable results.
Politicians have often considered the possibility of building an east-west power grid in Canada. Whether the project will actually take shape still remains to be seen, but the value the provinces will get from the idea still remains high.