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Green trends give Skyline Clean Energy Fund optimism for growth

1 week ago

Green trends give Skyline Clean Energy Fund optimism

Optimism that solar and biogas can help meet Ontario’s rising need for energy is at the forefront of Skyline Clean Energy Fund’s outlook for 2025 and beyond. The fund manages over $390 million in energy-generating assets.

Hydron moves into carbon removal after RNG pilot

Vancouver-based Hydron Energy Inc. is moving to commercialize its biofuel-producing technology and exploring uses such as extracting carbon dioxide and rare gases from the atmosphere. Its flagship product, INTRUPTor, produces renewable natural gas by capturing greenhouse gases from feedstocks.

Boralex reports net earnings of $74M for fiscal 2024

Montreal-based Boralex Inc. (BLX-T) has reported financial results for the three-month period and year ended Dec. 31, 2024. Net earnings for fiscal 2024 were $74 million, $41 million lower than in 2023.

Feds announce $116M to help farmers adopt clean tech

Federal Minister of Agriculture and Agri-Food Lawrence MacAulay has announced over $116 million under the Agricultural Clean Technology Program to support 119 projects across Canada. The funds will help farmers to adopt and utilize clean technologies.

NEXE Innovations secures fourth partnership

Windsor-based compostable coffee pod manufacturer NEXE Innovations Inc. (NEXE-X) has announced a fourth partnership with a North American distributor specializing in retail, office coffee services and hospitality sectors. The first order is for over 150,000 pods.

Progressive Planet adding robotics to plant operations

Kamloops-based sustainable product manufacturer Progressive Planet (PLAN-X) has started its investments in robotics as part of a phased approach to modernizing its plant operations. The new robotics system is expected to be delivered in September 2025.

CICE offers $3M to advance carbon removal tech

Announced at Carbon Removal Canada’s Carbon Removal Day 2025 in Ottawa, a new $3-million funding call from the B.C. Centre for Innovation and Clean Energy (CICE) aims to bolster Vancouver’s position as a leader in carbon removal technology.

UBCO, FortisBC open hydrogen research lab

UBC Okanagan (UBCO) and FortisBC are teaming up on a made-in-B.C. hydrogen research lab that is one of the most advanced of its kind in North America. The "H2LAB" is a cutting-edge space more than five years in the making.

Tesla tumbles below $1T value as Europe sales slump

VIDEO: Tesla stock tumbled eight per cent on Feb. 25, pushing its market value below US$1 trillion for the first time since November. Some analysts wonder if boss Elon Musk's alliance with U.S. President Donald Trump is to blame.

Atlantic Cda. needs roadmap for school bus electrification

OPINION: On Feb. 23, 2024, the federal government announced it would conduct a feasibility study on electric school buses for Atlantic Canada. However, one year later, it has yet to release the results of the study.

EV skepticism builds amid tariff threats, headwinds

Despite increasing competition from Chinese automakers, disappearing rebates for electric vehicles (EVs), growing unease about the economy and other headwinds, one threat above all others is rattling the auto sector: U.S. President Donald Trump’s potential 25 per cent tariffs.

Up to $45B needed to meet global SAF demand: study

A report from the World Economic Forum and Kearney forecasts a surge in global sustainable aviation fuel (SAF) demand, with capital required to meet this need ranging from US$19 billion to US$45 billion, depending on the technology mix.

Study quantifies clean energy needs to meet net-zero targets

The federal government’s plan to eliminate greenhouse gas emissions from electricity generation by 2050 is impossible in practical terms, according to a new study published by the Fraser Institute, a public policy think-tank.

Water-based batteries can help Canada meet its net-zero goals

Aqueous redox flow batteries store energy in external tanks filled with water-based solutions. These solutions are then pumped and cycled through the battery’s electrochemical cell, causing reactions which allow the battery to release and store energy until needed.

Nations back $200 billion-a-year plan to reverse nature losses

More than 140 countries adopted a strategy to mobilize hundreds of billions of dollars (US) a year to help reverse dramatic losses in biodiversity, but failed to decide on establishing a new global nature fund — a key demand of developing economies.

Apple sued over 'carbon neutral' claim for watches

Apple (AAPL-Q) has been sued by consumers who said its claim that three versions of Apple Watches are "carbon neutral" is false and misleading. The lawsuit seeks unspecified damages and an injunction blocking Apple from marketing the watches as such.

Some Starbucks locations switching from plastic to paper cups

Starbucks (SBUX-Q) customers across hundreds of locations in the United States started their weeks off with a surprise: their beloved Frappuccinos and iced espresso drinks served in paper cups, not plastic. 

Lessons from L’Oreal’s chief of U.S. sustainability

L’Oreal, the world’s largest cosmetics company with US$45 billion in 2024 revenue, is part of an exclusive club of corporations that have reduced greenhouse gas emissions since 2020 while continuing to grow sales.

Solar, batteries to lead U.S. power plant construction in 2025

The U.S. is expected to build 63 gigawatts of power plant capacity this year, more than it has in decades, as new artificial intelligence computing and domestic manufacturing projects cause a surge in energy demand. 

Fog harvesting could provide water for arid cities

Capturing water from fog could provide some of the driest cities in the world with drinking water. This is what researchers in Chile have concluded after studying the potential of fog harvesting in the desert city of Alto Hospicio.

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