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Canadian Solar Inc. saw it’s share price increase eightfold in 2013 – from $3.80 to just under $30. (canadian solar)
Canadian Solar Inc. saw it’s share price increase eightfold in 2013 – from $3.80 to just under $30. (canadian solar)

Natural Resources

How some of Canada’s clean technology stocks performed in 2013 Add to ...

The big solar panel makers that survived a disastrous market decline between 2010 and 2012 – when overproduction coincided with decreased demand and falling prices – saw massive gains the past year as the business environment improved.

One of the biggest gainers was Canadian Solar Inc. Still, for investors looking at broad-based clean-technology Canadian companies, the year was not stellar.

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How some of Canada’s clean technology stocks performed in 2013

CompanyBusinessStock
gain/loss
in 2013 %
Price $
(Jan. 7)
Canadian SolarSolar685%38.57
Brookfield Renewable EnergyHydro, wind-6%28.42
Atlantic PowerHydro wind, gas, biomass-68%3.88
Northland PowerWind, hydro, solar-18%15.71
InnergexHydro, wind, solar3%10.73
Algonquin PowerHydro, wind, solar3%7.35
BoralexWind, hydro, solar22%11.02
Pure TechnologiesPipe inspection41%6.55
GLV IncWater treatment121%4.45
HydrogenicsHydrogen fuels cells162%23.00
Ballard PowerHydrogen fuel cells160%2.70

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