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SOFIAC makes first dairy sector decarb investment: $10M to Lactalis

17 hours ago

SOFIAC makes first dairy sector decarb investment

SOFIAC, a Montreal investment fund focused on building decarbonization, is taking on its first project in the dairy industry with a $10-million investment into two Quebec facilities owned by Lactalis Canada.

De Luna exits as Deep Sky chief science, commercial officer

Deep Sky’s chief science and commercial officer Phil De Luna announced Monday morning he has left his post at the Montreal-based carbon removal startup, with an eye to starting his own initiative in the nascent industry.

Boralex gets $250M loan to support growth plan

Montreal-based renewable power producer Boralex Inc. (BLX-T) has secured $250 million from La Caisse and Fondaction to advance its growth plan. The loan includes a $200-million contribution from La Caisse and $50 million provided by Fondaction.

Feds spending $21.5M on Alberta carbon capture projects

The federal government is spending $21.5 million for the development of five Alberta carbon capture projects, technology it says will help bolster Canada’s position as a major energy producer. The money advances a variety of technologies for capturing carbon dioxide.

NFI gets order for 132 hybrid, battery-electric buses

New Flyer of America, a subsidiary of Winnipeg-based NFI Group (NFI-T), has been awarded a contract from New York's Suffolk County Transit for up to 132 buses over the next five years, including 92 hybrid-electric buses and 40 battery-electric buses.

Automakers meet with Carney on fate of EV mandates

The head of the Canadian Vehicle Manufacturers’ Association said he’s “cautiously optimistic” after meeting with Prime Minister Mark Carney to urge him to repeal the electric vehicle (EV) sales mandate. The industry has long argued the mandate is unnecessary.

General Motors says EV sales trend upward in Alberta

General Motors (GM-N) has experienced double-digit growth in EV sales in Alberta, despite dwindling consumer incentives for the adoption of battery-powered alternatives. GM has unveiled 13 new battery-powered models in the past 18 months.

Facing Chinese EVs, do Western carmakers have a future?

OPINION: If Ford’s latest EV Hail Mary pass isn’t completed, CEO Jim Farley’s prediction that the company − and by extension any company that can’t meet the challenge − may cease to exist is positively apocalyptic.

Solar project melting energy costs for N.S. facility

Thanks to the recent addition of more than 1,300 ground-mounted solar panels, up to 40 per cent of Sydney, N.S.-based Eskasoni Cold Logistics' energy use is offset by solar power.

Canadian companies advance digital twin technology

Digital twin technology is making it easier for workers in industries such as energy or construction to monitor sites remotely. But while Canadian technology is being adopted by companies around the world, adoption rates at home are lagging.

Recurrent Energy powers up 1,200 mW-h battery in Arizona

Recurrent Energy, a subsidiary of Guelph, Ont.-based Canadian Solar Inc. (CSIQ-Q), has brought its 1,200-megawatt-hour (mW-h) Papago storage facility in Arizona into commercial operation ahead of peak summer demand, the company said on Monday.

Climate-proofing homes more important than ever: experts

Connell Miller, the acting director of Western University's Northern Tornadoes Projects, said destructive storms are becoming more common because of climate change. But small changes to Ontario's Building Code could help protect people's homes from the powerful winds they produce.

How Trump’s ‘big, beautiful bill’ impacts Canada clean energy

Spread across the more than 800 pages of U.S. President Donald Trump’s massive tax cut and spending package signed into law last Friday are measures that could have impacts on Canada, particularly on environmental and energy policies.

Ghost factories a warning for green manufacturing’s future

About nine per cent of the US$261 billion in U.S. green factory investment announced since 2021 has been shelved — most of it since President Donald Trump returned to office in January — according to research firm Atlas Public Policy. 

Why are energy providers abandoning net-zero strategies?

BP (BP-N) recently walked back its net-zero targets, saying the company had moved "too far, too fast". The announcement is part of a worrying trend of energy providers and other multinationals reducing or watering down their sustainability strategies. 

The anti-ESG movement is reshaping sustainability reports

COLUMN: Here’s a counterintuitive truth: just as sustainability reports became ubiquitous — 90 per cent of S&P 500 companies publish detailed environmental, social and governance (ESG) disclosures — they also became controversial. 

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