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Exro to launch Cellex subsidiary, receives UL certification for Cell Driver

4 months ago

Exro to launch subsidiary, receives certification for Cell Driver

Exro Technologies Inc.’s (EXRO-T) Cell Driver energy storage system has been certified by safety science company UL, and the Calgary-based company will open a subsidiary named Cellex Energy Inc. to commercialize the product.

Li-Metal enters letter of intent to sell lithium metal business

Li-Metal Corp. (LIM-CN) has entered a non-binding letter of intent to sell its lithium metal business for $15 million to an unnamed buyer, with the aim of improving its finances and providing capital for its lithium metal anode business.

CPP backs Italian energy transition project

Canada Pension Plan Investment Board will be making a €200-million investment in an energy deal which will see Sosteneo acquire a 49 per cent stake in Enel Libra Flexsys, the energy transition body of the Italian energy firm Enel.

Sustainable Biz Canada vacation week July 1-5

TO OUR VALUED READERS: Sustainable Biz Canada staff will be taking our annual break for a hard-earned vacation during the week of July 1-5.

Rock Tech to receive up to €100M for German refinery

Rock Tech Lithium (RCK-X) has received a letter of intent from the German government for a grant of up to €90 million for a lithium refinery in the town of Guben. It also expects to recieve another €10 million from the German Railway Authority.

dynaCERT gets order for 84 HydraGEN units

Carbon reduction tech company dynaCERT (DYA-T) has received a purchase order for 84 HG1 HydraGEN units, destined for an oil and gas drilling contractor in Canada. HydraGEN technology enhances the fuel economy of engines powering drilling rigs, reducing diesel usage.

Northstar closes strategic investment of $2.25M

B.C.-based Northstar Clean Technologies Inc. (ROOF-X) has closed on a $2.25-million strategic investment from two Calgary-based investors. One has chosen to remain anonymous, the other is the Chiu family which owns Trico Homes.

Solar Alliance closes first tranche of private placement

Toronto-headquartered Solar Alliance Energy Inc. (SOLR-X) has closed the first tranche of its non-brokered private placement of up to 20 million units of the company for gross proceeds of up to $1 million.

DevvStream to generate carbon credits from OK2Charge

Vancouver-based carbon credit company DevvStream Holdings Inc. (DESG-NE) and OK2Charge, a U.S.-based software-as-a-service platform for electric vehicle (EV) charging stations, have announced an agreement to leverage OK2Charge's network of charging stations for carbon credit generation.

OPG refurbishing eight hydroelectric stations for $1B

Ontario Power Generation (OPG) is spending $1 billion to refurbish eight hydroelectric generating stations in Eastern Ontario. The work is expected to allow the stations to produce 100 gigawatt-hours of additional electricity each year.

FortisBC to automatically designate RNG for customers

With recent approval from the British Columbia Utilities Commission, FortisBC gas customers will have one per cent of their gas automatically designated as renewable natural gas (RNG). FortisBC is the first North American utility to automatically designate RNG for customers.

B.C. launches rebates for rooftop solar systems

BC Hydro said eligible homeowners can receive rebates up to $10,000 for installing a qualified solar and battery storage system, while apartment buildings, schools, businesses and others could get from $50,000 to $150,000 back.

Walmart Canada adds hydrogen fuel cell-powered truck to fleet

Nikola Corp. (NKLA-Q) says it has delivered a hydrogen fuel cell-powered electric semi-truck to Walmart Canada (WMT-N), making it the first major retailer in the country to add it to its fleet.

GreenPower delivers first BEAST produced in W.Va. facility

Vancouver-based EV maker GreenPower Motor Company Inc. (GPV-X) has delivered the first Type D BEAST all-electric, zero-emission school bus manufactured at the company's South Charleston, W.Va. manufacturing plant to the Kanawha County School District.

Volvo Trucks customer Martin Brower expands electric fleet

Volvo Trucks North America customer Martin Brower is taking delivery of ten additional Volvo VNR electric vehicles that will support food and beverage deliveries to select McDonald’s restaurants in the Montreal and Toronto areas.

Who covers the gas tax when the electric revolution hits?

Canadians have been standing at filling stations for decades, so they’re probably not thinking too much about the taxes they pay on their gas or where that money goes, but that may change as more EVs are sold.

How to clean up aluminum's big carbon dioxide problem

By 2050, aluminum producers in North America will need to cut carbon emissions by 92 per cent compared to 2021 levels to meet net-zero goals. A recent report from the Aluminum Association shows how the industry can get there.

Climate-related issues are growing in urgency, experts say

The latest edition of the annual GlobeScan / ERM Sustainability Institute Leaders Survey has found that sustainability experts see climate change, biodiversity loss, deforestation, water scarcity, food security and water pollution as increasingly severe challenges.

Why microgrid adoption is slower across the pond

U.S. microgrid installed capacity has sailed past 10 gigawatts and hundreds of projects, but Europe is not moving forward nearly as fast despite its growing adoption of renewable and distributed energy resources.

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