TORONTO — Diverso Energy, a geothermal Energy-as-a-Service (EaaS) provider, and Mattamy Homes have announced a joint venture they say represents a significant milestone in the evolution of sustainable homebuilding in Canada.
Diverso will be the exclusive provider of geothermal services to select Mattamy residential developments across Canada, spanning a range of single-family homes, townhouses and multi-family mid-rise and highrise developments, states a release.
This means Mattamy homes will now feature fully electrified, emissions-free heating and cooling.
“Each of us brought half the solution,” said Tim Weber, CEO, Diverso Energy, in a statement. “It took trust and shared vision to bring the partnership together, which will greatly accelerate the adoption of geothermal technology in residential developments across Canada.”
Mattamy has committed to achieving a 10 per cent greenhouse gas reduction in its FY2025 sold homes as compared to code-built homes. This represents a 31 per cent reduction from a typical resale home built in 2005/2006, the release adds.
“We’ve taken what was once a niche, custom energy solution and integrated it into our mainstream production model over the past several years,” said Brad Carr, CEO of Mattamy Homes Canada. “It’s evolved into a scalable offering, and our joint venture with Diverso enables us to use the proven, reliable technology to deliver numerous operational benefits to thousands of Canadian homeowners at no additional cost to them.”
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