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Canada's Clean50 at risk due to sponsor shortfall

1 day ago

Canada's Clean50 at risk due to sponsor shortfall

Canada’s Clean50, an awards program for the country’s sustainability and climate leaders, is in dire financial straits, its organizer said, putting future events and winners lists in question unless the gap can be covered.

Moment to ready second-life battery 'megafactory' in weeks

Moment Energy plans to launch the world's largest battery repurposing facility in Vancouver in just six weeks, with the aim of starting operations in June. The facility is expected to output one gigawatt-hour of battery systems by 2030.

Stantec sees record backlog of $9B in Q1

Edmonton-based sustainable engineering, architecture and environmental consulting firm Stantec (STN-T) reported net revenue of $1.7 billion in Q1, a 9.1-per-cent increase year-over-year. It reported a contract backlog of $9 billion, up 13.2 per cent year-over-year.

Canadian Solar founder stepping down from CEO role

Canadian Solar Inc. (CSIQ-Q) reported a narrowing of its Q1 net loss, with shipments exceeding guidance, and announced that founder Shawn Qu is handing over the chief executive role to Colin Parkin, who previously served as the company's president.

Northland Power reports Q1 net income of $161M

Toronto-based renewable energy company Northland Power Inc. (NPI-T) saw a net income of $161 million in Q1, compared to $112 million a year prior. Revenue from energy sales was $775 million in Q1.

Capstone Q1 revenue rises to $71.1M

Toronto-based renewable energy project developer Capstone Infrastructure Corp.'s (CSE.PR.A) Q1 revenue rose to $71.1 million in Q1, compared to $63.6 million in the same period a year earlier. Net loss for the period was $5.1 million.

NanoXplore Q3 revenue rises to $32.3M

Montreal-based graphene company NanoXplore Inc. (GRA-T) reported total revenues of $32.3 million for its Q3, compared to $30.4 million last year, representing a six per cent increase. Losses for the quarter grew to $2.6 million year-over-year.

PowerBank margins expand as solar projects advance

Toronto-based PowerBank Corp. (SUUN-Q) reported a significant expansion in its underlying profit margins and a strengthened balance sheet for the first nine months of fiscal year 2026, driven by systematic execution of its North American clean energy project pipeline.

Brookfield-La Caisse deal expenses impact Boralex's Q1

Quebec-based renewable power producer Boralex Inc. (BLX-T) booked a $9-million net loss attributable to shareholders in Q1, against a profit of $30 million a year prior, due to the recognition of non-recurring expenses.

Kontrol Technology revenue dips in Q1

Toronto-based smart building technology company Kontrol Technologies Corp. (KNR-NE) reported Q1 revenue of $1.3 million, down from $1.5 million a year prior. Q1 net loss was $432,617, compared to net loss of $1.1 million in Q1 2025.

Innergex, West Moberly FNs awarded B.C. wind project

Longueuil-based Innergex Renewable Energy Inc. and West Moberly First Nations on Wednesday confirmed their 251-megawatt Bessie Wind Project had been selected in BC Hydro’s 2025 Call for Power procurement round. The project is expected to begin operations in 2032.

Atlantic chiefs call for Indigenous collab on wind farms

A new report released by the Atlantic Policy Congress of First Nations Chiefs says offshore wind developers in Atlantic Canada should commit to early collaboration with Indigenous businesses to ensure the industry contributes to "economic reconciliation."

Honda’s halt of EV project deals another blow to auto sector

Honda Motor Co. Ltd.’s move to shelve its Ontario electric car project underlines the uncertainty faced by Canada’s automotive sector as it grapples with reduced demand for electric vehicles (EVs) amid doubts about its trade relationship with the U.S.

Want to buy a used EV? Here’s what to look out for

Driving range is a key factor when considering an EV. While looking at older models, just look for the range that best suits your everyday needs. Do you actually drive 200 kilometres each day? Likely not. 

Feds, Alberta to raise carbon price by 2040

The Alberta and federal governments are finalizing an agreement to ramp up the province’s industrial carbon price to $130 per tonne by 2040, a key step toward federal support for a new crude pipeline going to the Pacific coast.

Feds to announce review of Clean Electricity Regulations

A new national strategy will double the capacity of Canada’s electricity grid by 2050, Prime Minister Mark Carney said Thursday. The government also announced it will review and amend the previous government's controversial Clean Electricity Regulations.

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