SUBSCRIBE
PROFILE

Canada injects CAD22mn to boost battery sector with eight domestic projects

Ottawa invests CAD22mn ($16.1mn) to support eight technology initiatives aimed at strengthening innovation, local production, and competitiveness in the country's battery supply chain.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90$/month

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99$/year

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Sign up for free to unlock this article

The Government of Canada has announced CAD22mn ($16.1mn) in funding to support eight technology projects focused on innovation and battery production capacity. The initiative is part of a broader strategy to strengthen the country’s position in a rapidly expanding global battery market. The funding is allocated by the Ministry of Energy and Natural Resources under the Energy Innovation Program.

The main objective is to drive the development of more efficient and cost-effective energy storage solutions to support the transformation of the transport, utilities, and industrial sectors. The ministry expects global cumulative battery demand could increase by a factor of 150 by 2050, representing a strategic opportunity for Canada, which has access to critical minerals and strong industrial expertise.

Local development and supply chain resilience

The selected projects also aim to reinforce national energy sovereignty by reducing dependence on international supply chains. The financial support is intended to encourage domestic manufacturing of strategic components and improve the sector’s resilience to logistical and geopolitical disruptions.

Among the beneficiaries is NanoXplore, a company based in Saint-Laurent, which will receive CAD2.8mn ($2.05mn) to develop high-performance lithium-ion battery cells. These batteries promise reduced charging times, increased energy density, and improved safety, while being designed and manufactured in Canada.

Targeted support for industrial growth

The initiative also supports the national industrial network, with projects distributed across several provinces. The ministries involved state that these investments address the dual requirement of economic competitiveness and long-term technological development.

Federal authorities consider this funding as a growth lever for the national economy by facilitating the creation of skilled jobs and attracting new industrial investments. The Energy Innovation Program plays a central role in this strategy by funding emerging technologies that could shape the future of the battery sector.

  • Popular on energynews.pro
BlackRock and Canada Pension Plan finalise $6.2bn Allete buyout with Minnesota approval
Putin denounces “piracy” after tanker seized off French coast
Russian strike cuts power to Chernobyl site, reigniting nuclear safety concerns
Ukrainian suspected in Nord Stream sabotage held in Poland
OPEC+ prepares new production hike amid rift between Riyadh and Moscow
Neoen launches 905 MWh long-duration battery and commissions Collie 2 in Australia
Neoen begins construction of its first six-hour discharge battery in Western Australia and commissions the second phase of Collie, surpassing 3 GWh of storage capacity in the State.
Transgrid to mobilise up to 5 GW of batteries to stabilise New South Wales grid
Transgrid plans to contract up to 5 GW of grid-forming batteries to strengthen the stability of New South Wales’ electricity network during the energy transition.
US energy storage hits record 5.6 GW in the second quarter
The US energy storage market set a quarterly record with 5.6 GW installed, driven by utility-scale projects despite ongoing regulatory uncertainty.
HiTHIUM signs 2GWh deal with Solarpro for large-scale storage projects in Eastern Europe
Storage provider HiTHIUM will supply 2GWh of batteries to Solarpro for multiple large-scale projects across the Balkans and Central Europe.
SPARX, Kansai EPCO and JA Mitsui Lease launch 80MW grid-scale storage in Japan
The three Japanese groups announced two new high-voltage battery projects in Shizuoka and Ibaraki prefectures, bringing their joint portfolio to four facilities with a combined capacity of 180MW.
EVE Energy signs 500MWh with CommVOLT to accelerate European storage
EVE Energy seals a 500MWh strategic agreement with CommVOLT in Europe for commercial and industrial storage at Solar & Storage Live UK 2025, as its five MWh direct current system enters deployment.
Energy Vault secures additional $50mn to support storage project development
Energy Vault Holdings has secured $50mn in debenture financing, complementing a $300mn preferred equity investment, to support the development of its large-scale energy storage projects.
Grenergy doubles its investments and strengthens its position in energy storage
Grenergy reported €86mn in EBITDA in the first half of 2025 and raised its investments to €421mn, supported by increased energy sales and major storage operations.
RWE registers Australia’s first eight-hour grid battery system
The 400 MWh energy storage system installed by RWE in Limondale becomes the longest-duration grid-connected battery in Australia, with full commissioning expected by the end of the year.
Jiangsu commissions 240 MWh on-site battery at Taizhou steel facility
A steel site in Taizhou now hosts Jiangsu’s largest behind-the-meter energy storage system, with 120 MW of output and 240 MWh of capacity, developed by Jingjiang Taifu New Energy.
Braille Energy takes over high-performance lithium battery distribution from Tony Christian Racing
Braille Energy Systems will directly integrate the distribution of its lithium battery line for drag racing, previously managed by Tony Christian Racing, consolidating its motorsport operations starting October 1.
NorthX invests $1.6mn in three Canadian energy storage companies
NorthX Climate Tech commits $1.6mn to three Canadian energy storage firms, supporting the development of localised grid solutions in British Columbia and Alberta.
Eni and Seri Industrial launch joint venture to produce batteries in Italy
Eni has launched an industrial project with Seri Industrial to produce lithium iron phosphate batteries in Brindisi, targeting a capacity of more than 8 GWh per year.
OCI Energy secures construction financing for 480 MWh battery in Texas
OCI Energy has finalised construction financing with ING for the Alamo City project, a 480 MWh battery to be operated by CPS Energy from 2027 in Bexar County, Texas.
Palladio Partners and Voltfang to invest EUR250mn in energy storage by 2029
Palladio Partners and Voltfang join forces to deploy large-scale energy storage systems in Germany, targeting EUR250mn ($267mn) in investments by the end of 2029.
EVE Energy connects the world’s first 400MWh energy storage project to the grid
EVE Energy has commissioned in China a 400MWh energy storage system based on 628Ah cells, a world first that paves the way for large-scale industrialisation of ultra-high-capacity batteries.
GridStor acquires 400 MWh storage project in Arizona from Strata Clean Energy
GridStor has acquired a 100 MW battery storage project in Arizona from Strata Clean Energy, under a 20-year tolling agreement with Arizona Public Service to meet rising power demand.
ERCOT surpasses California with 14.2 GW of battery storage capacity
Texas grid ERCOT becomes the top US battery storage market, contributing over half of national Q2 additions with 3.2 GW and overtaking California for the first time.
Virtual power plant capacity reaches 37.5 GW as corporate activity drives growth
North America's virtual power plant market expanded by 13.7% year-over-year, driven by a more than 33% increase in corporate deployments, end users, and monetised programmes.
Hydrostor secures $55mn Canadian support for its storage project in Australia
The Canadian government grants $55mn funding to Hydrostor to support the development of its 200 MW Silver City storage project in New South Wales.

Log in to read this article

You'll also have access to a selection of our best content.

[wc_register_modal]