Cyan Zero

Cyan Zero

Cyan Zero 500 375 Global Climate Finance Accelerator

Objective

To convert underutilized warehouse rooftop spaces into productive energy-generating areas by installing solar panels, thereby helping small and mid-size businesses reduce their reliance on grid electricity, lower utility costs, and decrease carbon emissions.

Opportunity

  • Untapped potential – Ontario has 14 GW of rooftop solar potential, yet only a fraction has been developed. There is a massive opportunity to invest in a first-mover advantage and scale projects across C&I space.
  • Green economy – The International Energy Agency (IEA) estimates that achieving net-zero emissions by 2050 could create 14 million new clean energy jobs by 2030.
  • Market demand – Rooftop solar is projected to grow 20-40x by 2050, driven by corporate PPAs, energy cost savings, and net-zero commitments. With the right policies, Ontario could see a sharp uptake in the solar capacity, making private investments highly profitable.
  • Climate goals – To meet net-zero emissions by 2050, Canada must scale clean energy production. Behind-the-Meter (BTM) solar could contribute 24–48 TWh annually, helping decarbonize industries and reduce grid dependency. Investors in private solar projects will play a key role in the energy transition.

Climate and socio-economic impacts

  • Helps SMEs undertake climate projects without adding financial strain to their balance sheets.
  • Reduces the fiscal burden on governments for national decarbonization by attracting private capital.
  • Enhances climate resilience and economic competitiveness with potential revenue streams.
  • Replicable across countries as well as in emerging markets, particularly those without access to clean grids.