About
Founded in 1987, Targray is a renewable energy company headquartered in Kirkland, Canada specializing in Solar, Biomass, Biogas.
Targray is a global supplier and trader of renewable fuels, biofuel feedstocks, solar materials, battery materials and environmental commodities. Its biofuels business supplies biodiesel, renewable diesel, SAF, RNG, bio-LNG and marine biofuels, while its solar and battery divisions supply PV materials and lithium-ion battery materials to manufacturers. Its environmental commodities team trades carbon credits and renewable energy certificates. The company has been operating since 1987.
Headquarters
Founded
Focus areas
Products & services
Business models
Value chain
Service areas (3)
Biofuels Supply and Trading
Supply and trading of renewable diesel, biodiesel, renewable natural gas, bio-LNG and biofuel feedstock.
Solar Materials and Supply Chain
Supply of solar materials, PV modules, cells and wafers to PV manufacturers, EPCs and installers.
Environmental Commodities
Trading of carbon credits, carbon offsets and renewable energy certificates.
Locations
Headquarters
Route Transcanadienne 18105, H9J 3Z4, Kirkland, Quebec, Canada
Service regions
Projects
1Targray Headquarters Rooftop Solar
242-module photovoltaic system on the rooftop of Targray's corporate headquarters, expected to produce 130,000 kWh annually.
Credentials & affiliations
Certifications
ISCC
Awards
Clean50 Award
Canada's Best Managed Companies
Industry memberships
Partnerships
Storz Power, Zeroqu, Green Marine, SCALE.AI, Sustainable Aviation Buyers Alliance, Granular Certificate Trading Alliance, zero44
Frequently asked questions
published by the companyWhat is a solar PV module?
The solar PV (photovoltaics) module – often referred to as a solar panel – is the basic building block for a solar electric power generation system. Each solar module contains an assembly of PV cells mounted in a framework for installation. Modules are rated by their DC power output, and typically range between 100 and 365 Watts (W).
How are solar PV modules made?
Solar PV modules are made by connecting together photovoltaic (PV) cells, also known as solar cells. They are manufactured from semiconductor materials like crystalline silicon.
What is solar PV module efficiency?
Solar PV module efficiency is the measure that identifies how much of the sun’s energy a module can convert into usable electricity. For example, a module with 10% efficiency can convert 10% of the sunshine it absorbs into electricity. Commercial solar modules today can reach efficiencies in excess of 24%, but typically range between 15 and 20 percent.
What is Biofuel?
Biofuel is a fuel produced directly or indirectly from organic material like plant materials, vegetable oil, animal fat, and cellulosic biomass. Depending on the feedstock used, biofuel may qualify as carbon-neutral, because the carbon dioxide that is absorbed by the plants is equal to the carbon dioxide that is released when the fuel is burned.
Is Biofuel Renewable?
In contrast to fossil fuels, the source biomatter of biofuels can regrow quickly. For this reason, biofuels – the most common of which are ethanol, biodiesel, renewable diesel, and biogas – can be classified as a renewable fuel. Unlike other renewable energy sources, biomass can be converted directly into liquid bio-based fuels to help meet transportation fuel needs.
How are Biofuels Made?
Ethanol is an alcohol, the same found in beer and wine. It is made by fermenting any biomass high in carbohydrates through a process similar to brewing beer. Ethanol is mostly used as a fuel additive to cut down a vehicle’s carbon monoxide and other smog-causing emissions. But flexible-fuel vehicles, which run on mixtures of gasoline and up to 85% ethanol, are widely available in the United States and elsewhere. Pure Biodiesel is made by combining alcohol with vegetable oil, animal fat, or recycled cooking greases. It can be used as an additive to reduce vehicle emissions or in its pure form as a renewable alternative fuel for diesel engines. Other biofuels include methanol and reformulated gasoline components. Methanol, commonly called wood alcohol, is currently produced from natural gas, but could also be produced from biomass. There are a number of ways to convert biomass to…
What is Biodiesel?
Biodiesel is a renewable diesel fuel primarily used as a feedstock for blending with petroleum diesel fuel. Consisting primarily of fatty acid methyl esters (FAMEs), it is one of the world’s most diverse fuel types. Biodiesel production is achieved using agricultural by-products like vegetable oils or animal fats. For information on the chemical process behind producing biodiesel, visit energy.gov’s Biofuels Basics page. Biodiesel is the most common bio-based fuel in Europe and one of the fastest-growing fuel products in the United States. The first EPA-designated advanced biofuel to be commercialized in the U.S., Biodiesel meeting ASTM D6751 specifications can be used in existing diesel engines without modification.
How is Biodiesel made?
Biodiesel is is typically made by chemically reacting lipids i.e. feedstock such as animal tallow, used cooking oil, vegetable oil (notably from soybeans) with an alcohol, producing a methyl, ethyl or propyl ester. This process, called transesterification, can be carried out by various methods including the common batch process, heterogeneous catalysts, supercritical processes, ultrasonic methods, and microwave methods.
Where is Biodiesel used?
Contrary to vegetable and waste oil used to fuel converted diesel engines, biodiesel is a ‘drop-in’ biofuel. This means it can be used with existing diesel engines and distribution infrastructure. Biodiesel can be used alone or blended with petroleum diesel in the desired proportion. It is most typically used in diesel-powered vehicles, but can also be of use in trains, aircraft, marine vessels and diesel generators. Biodiesel blends are also commonly used as a heating oil.
Is Biodiesel renewable?
In contrast to fossil fuels, the source biomatter of biofuel can be quickly regrown. For this reason, biofuels like biodiesel can be classified as a renewable fuel.
What is Carbon Trading?
Carbon trading is a market-based system aimed at reducing GHG emissions that contribute to global warming. It allows companies to buy and sell carbon credits as needed to meet emissions requirements. Carbon credits are authorized by governments with the goal of gradually reducing overall carbon emissions and mitigating climate change.
What is a Carbon Offsetting?
Carbon offsetting is the purchase of carbon credits, generally in an amount equivalent to the carbon emissions that a lifestyle or business has created. Purchasing carbon credits is a way to be accountable for a climate impact and to take climate action beyond one’s own area of influence.
