Hive Energy Canada
Canada is committed to their transition to a low-emission economy.
The goal across the country is to reach 90% zero-emitting power sources by 2030. The goal is close for Canada, as they are already functioning on 80% non-emitting sources. As well as focusing on increasing renewable energy usage, Canada is reducing reliance on the coal industry altogether.
Canada is a leading country in renewable energy and is a world leader in hydroelectricity, with around 60% of its energy being generated from moving water.
While hydroelectricity is valuable in Canada, it has been slow to adopt solar power. More than 25% of all Canada’s solar farms were installed in 2022, which demonstrates how quickly the country is ramping up its PV capacity in order to meet its 2030 goals.
UK MD - Overseeing Canada