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Offshore wind can help Canada to net-zero goal: report
Offshore wind can help Canada to net-zero goal: report
A report from Quebec-based renewables research centre Nergica suggests offshore wind can play an important role in helping Canada reach net-zero by 2050 and boost the clean energy economy.
 | 360 Energy and Carbon Insights Climate reporting requirements are coming. Are you prepared?David ArkellOwner, CEO, 360 Energy Inc. |
Global green bond issuance hits $351B in H1 of 2023
Global green bond issuance raised record levels of capital in the first half of this year, topping $350B for the first time. While Asia Pacific saw "significant" growth, Europe was the largest market, raising a total of $190B.
Solar Alliance announces share offering of up to $2M
Solar Alliance Energy says it has entered into an agreement with Research Capital Corporation in connection with a “best efforts” private placement offering of up to 25 million units of the company at a price of $0.08 per unit.
Mtl co. to supply sustainable fuel to Air France-KLM
A Montreal-based company has signed a deal to supply sustainable aviation fuel to the Air France-KLM Group. The SAF+ Consortium, made up of a group of Quebec companies, says deliveries of the synthetic fuel will start in 2030.
Air Canada explores possible use of lower-carbon fuel
Air Canada will work with New York-based Air Company to explore potential options for production of so-called "power-to-liquid" sustainable aviation fuel in Canadian regions, including Quebec, to expand development of the fuel in North America.
Canada wildfires devour land, double CO2 emissions
The simultaneous, record-shattering heat in the U.S., Europe and Asia may be getting all the headlines, but hotter and drier-than-average conditions are fueling the disaster unfolding in Canada. It's almost doubled Canada's carbon emissions since the last peak.
DP Energy, SBM to explore offshore wind in Canada
Ireland’s DP Energy and offshore supplier SBM Offshore inked a joint venture to pursue opportunities off Nova Scotia and help the province phase out coal. DP Energy has an immediate project pipeline of more than 7GW under development worldwide.
i4 launches $60M fund to back innovative deep tech
Quebec City-based i4 Capital announced the first close of its deep tech seed fund with commitments over $40 million, about two-thirds of the $60 million target size. It selects companies with breakthrough innovations, especially at the early stage.
Bill Gates backs hydrogen startup with $91M
A Denver-based startup, Koloma, received $91 million in funding from Bill Gates and other investors to drill natural hydrogen in the U.S. Midwest, a venture that can ramp up the clean energy revolution.
Hydrofuel, Solar Fuels Group enter $1M licensing pact
Hydrofuel Canada Inc., a company engaged in the production and delivery of green ammonia and hydrogen, has entered into a $1 million dollar, two year licensing and cooperation agreement with the University of Toronto's Solar Fuels Group.
Toyota looks to sell 200,000 hydrogen-powered vehicles
Toyota announced it will focus on rolling out hydrogen-powered vehicles in Europe and China with the aim of selling 200,000 units by 2030. This move revealed Toyota's plans to commercialize its revolutionary solid-state battery by 2027.
Jaguar owner Tata picks UK for $6.8B battery plant
Tata Group plans to build a £4 billion ($6.8 billion) battery plant in the UK to supply electric vehicles made by Jaguar Land Rover Automotive, in a win for Britain’s struggling car industry.
Volvo, Dilawri open N. America’s first VRSE facility
Volvo Car Canada Ltd., and Dilawri, Canada’s largest automotive group, have announced the opening of North America’s first Volvo Retail Sustainable Experience (VRSE) facility, Volvo Cars Richmond, in Richmond, B.C. The facility is LEED certified and runs on renewable energy.
Smaller cars could slash critical metals demand: report
As the International Energy Agency concludes that a surge in investment may bridge the critical minerals supply and demand gap by 2030, other researchers are suggesting another approach to closing in on climate goals: smaller electric vehicles.
CanREA calls on Quebec to modernize wind, solar rules
The Canadian Renewable Energy Association (CanREA) is calling on the Quebec government to modernize the regulatory framework that governs solar and wind power generation, including rules that limit the sale of surplus power to Hydro-Quebec.
Alberta may challenge feds on single-use plastic ban
Two Alberta politicians have stepped in to support a Calgary co-operative whose grocery bags have been caught up in a federal ban on single-use plastics, another signal that the Western province is taking a stand against the new regulations.
Methane reductions cheaper than carbon tax: study
New research using the latest figures for Canada’s methane emissions concludes it would be much cheaper for the energy industry to meet reduction targets for the potent greenhouse gas than it would be to pay carbon taxes on it.
Ontario amends Blue Box regulations
The amendments are intended to provide clarity to producers on their Blue Box extended producer responsibility obligations and further support a smooth transition to a full producer responsibility framework. The changes will not impact how the public receives collection services.
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Sustainable Finance Forum 2024
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