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Company	Clir Renewables
Short Description	Developer of software that maximizes the performance, profitability, and lifespan of renewable power plants (wind/solar farms). Analytics reduce generator downtime, increase runtime efficiency, and increase negotiation power with service providers.
Status	Private
Year Founded	2017
Industry Group	energy & power
Sector	wind
TRL Range	9
Country	Canada
Nbr Employees	51-100
Revenue Range	$500k - $2m
Total Equity Capital Raised	$29.25M
Last Stage Capital Raised	Growth Equity round of $1.494M 2024
Investors	ArcTern Ventures, Sustainable Development Technology Canada (SDTC), British Columbia Clean Energy Fund, BDC Capital, Active Impact Investments, Canada Pension Plan Investment Board, Longbow Capital, Tokio Marine

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Developer of software that maximizes the performance, profitability, and lifespan of renewable power plants (wind/solar farms). Analytics reduce generator downtime, increase runtime efficiency, and increase negotiation power with service providers.

Founded in 2017

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Company type Private Public ()

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Industry Group energy & power

Sector wind

TRL Range 9

TRL 1	Basic research
TRL 2	Technology formulation
TRL 3	Applied research
TRL 4	Small scale prototype
TRL 5	Large scale prototype
TRL 6	Prototype system
TRL 7	Demonstration system
TRL 8	First of a kind commercial system
TRL 9	Full commercial application

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Headquarters Vancouver, BC Vancouver, Canada

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Updated by Aram Bernardos at Clir Renewables on 10/20/2021

Edited by Cleantech Group on 03/19/2024

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Aram Bernardos

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	Can't find a partner? Add one Description 400/400 characters left Related press release or article about this deal Confirm relationship* (Enter the email address of your counterpart at this company so they can confirm your relationship!) Cancel Save
	Zero Emissions Pennask LP Zero Emissions Pennask LP Zero Emissions Pennask LP is supporting Clir Renewables with wind-farm operational data and software testing in a publicly-funded project (Project Clarity) that aims to increase the automation of their wind-farm performance analytics. View source Confirmed by Zero Emissions Pennask LP	Project Development	Delete

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01/25/2024	(0) Post-money valuation of Funding disclosed via regulatory filing (source)	Growth Equity	$1,493,600	Delete

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Select Image	Description 400/400 characters left Cancel Save			US$/kW (current) US$/kWh (current) US$/kW (projected) US$/kWh (projected)
	Clir Software: wind farm optimization & reporting	Pilot/Early Revenue		$/kW (current) $/kW (projected) $/kWh (current) $/kWh (projected)	Delete

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Clir Software: wind farm optimization & reporting

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Developer of software that maximizes the performance, profitability, and lifespan of renewable power plants (wind/solar farms). Analytics reduce generator downtime, increase runtime efficiency, and increase negotiation power with service providers.

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