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Li-Cycle moving to OTCQX after NYSE delisting

1 week ago

Li-Cycle moving to OTCQX after NYSE delisting

Li-Cycle Holdings Corp. will begin trading on the OTCQX Best Market to lower costs and maintain access to U.S. capital markets, its chief executive said, as its common shares are delisted on the New York Stock Exchange (NYSE).

Modular Precast leading concrete prefab at Valhalla Village

An 11-storey rental building slated for KingSett Capital’s Valhalla Village development in Etobicoke will be one of the first in North America made from prefabricated concrete components, courtesy of Modular Precast Systems Inc.

Universal Kraft secures $15M to invest in Alberta solar market

Universal Kraft Canada Renewables recently announced it received a credit facility of US$15 million provided by Crayhill Capital Management to help bring 1.7 gigawatts of solar energy projects online.

'Continue to thrive': Stantec reports another record year

Edmonton-based sustainable design and engineering firm Stantec (STN-T) raked in $5.9 billion last year, which was a new record for the company and up more than 15 per cent from a year earlier.

PyroGenesis, HPQ produce first material from FSR

HPQ Silica Polvere's (HPQ-X) technology provider, PyroGenesis (PYR-T), has confirmed the successful production of material during the first batch test of the fumed silica reactor (FSR) pilot plant. The material was confirmed to be consistent with previous lab-scale production.

Eco Guardian to open new manufacturing facility in Ontario

Sustainable packaging company Eco Guardian is opening a new manufacturing facility in Aurora, Ont. Eco Guardian said the expansion will allow it to produce compostable and recyclable paper cups and bowls, with an annual production capacity of two billion cups.

Que. developer plans thousands of zero-carbon apartments

Québec businesswoman Natalie Voland, president of Montreal developer Gestion Immobilière Quo Vadis, has announced the company’s intention to build as many as 5,000 zero-carbon residential units over the next 10 years, in collaboration with developer Cloriacité.

AUC greenlights 42,000-panel solar farm near Killam, Alta.

A new 42,000-panel solar farm in central Alberta is going ahead after approval by the Alberta Utilities Commission (AUC). The 21.6-megawatt facility is set to be built by PACE Canada Development LP just north of Killam, Alta.

Toronto offers heads-up on emission thresholds

Toronto could join the slate of North American jurisdictions that impose thresholds for allowable greenhouse gas emissions from buildings sometime later this year. City staff are currently working on a proposed bylaw to set out those requirements.

Liverpool orders 58 electric buses from NFI subsidiary

The U.K.'s Liverpool City Region Combined Authority has ordered 58 Enviro400EV electric double-decker buses from British bus manufacturer Alexander Dennis, a subsidiary of Winnipeg-based NFI Group (NFI-T). They will be delivered before the end of this year.

2025 Ram ProMaster EV Cargo Van ready to order in Canada

Starting at $76,995, Ram (operating under the Stellantis umbrella) said the ProMaster electric vehicle's (EV) range can reach 263 kilometres on a single charge. The vehicle is marketed as “highly customizable” and purpose-built to the needs of its customers.

Vancouver company launches all-electric tugboats

Packed with more than 5.2 megawatt-hours of batteries, Robert Allan vessels promise near-instant power, none of the dirty exhaust or carbon emissions you’d get from a regular tug, and very little noise.

Mercedes-Benz testing a solid-state battery prototype EV

Mercedes-Benz is testing a prototype of an EQS sedan equipped with a solid-state battery. According to the brand, this new unit can offer a range 25 per cent greater than that of an equivalent lithium-ion battery.

BMW delays electric Mini over 'uncertainty'

BMW has confirmed it is delaying the reintroduction of EV production at its Oxford, U.K. Mini plant. It said "multiple uncertainties facing the automotive industry" had led to its decision to pause work on plant upgrades.

Lucid plans to double production in 2025, CEO steps down

EV maker Lucid Group (LCID-Q) on Tuesday said CEO Peter Rawlinson has stepped down as the company expects to more than double vehicle production this year to 20,000 units. Marc Winterhoff, the company’s COO, has taken over as interim CEO.

Southwest retreats on clean fuel and climate initiatives

Southwest Airlines Co. (LUV-N) is cutting jobs in its sustainable fuel operations and working to sell a renewables company, according to people familiar with the matter, an abrupt pullback after the carrier spent the past year investing in climate-focused initiatives.

Microsoft, Clearloop to deploy 100 MW of solar in U.S.

Microsoft has partnered with Clearloop to deploy up to 100 megawatts (MW) of solar projects over the next three years in historically underinvested communities across the U.S. The first four projects in the agreement will break ground in the coming months.

Reaching net-zero is getting cheaper in the U.K.

The U.K.’s Climate Change Committee said the nation can reach net-zero emissions by 2050 while spending as little as 0.2 per cent of the country’s gross domestic product, or about US$5.4 billion each year on average. 

Banks warn of hidden credit risk in EU's sudden ESG retreat

The European Banking Federation is warning that the sheer scale of a proposed rollback of the bloc’s environmental, social, and governance (ESG) rules will make it harder for lenders to analyze credit risk.

Meant to protect, fire retardant could be doing damage of its own

Throughout the summer, airtankers and fire-crews spray fire retardant across the Northwest Territories for protection. It makes fuel less flammable and slows a fire's progress. But some residents worry the tool that protects the land may also be harming it. 

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