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Swiss clean aviation firm H55 creates Canadian subsidiary
Swiss clean aviation firm H55 creates Canadian branch
Swiss clean aviation company H55 S.A. is expanding its presence in North America with the establishment of a fully owned subsidiary to be based in Greater Montreal. H55 plans to secure a manufacturing facility to produce battery packs in 2024.
Trading ‘ceilings for trampolines’ at Guardyan
Jana McDonald, the CEO of Calgary-based Guardyan Conservation, made an unlikely journey through oil and gas and into carbon credit development. But the hardships she encountered have never stopped her from building a company she said "traded ceilings for trampolines."
Evercloak aspires for energy efficient HVAC filters
Nano-tech firm Evercloak Inc. is pioneering an ultra-thin nanofilm membrane that reduces the energy required for commercial and residential air conditioning and dehumidification systems. CEO Evelyn Allen encourages other female entrepreneurs to follow her lead.
Purolator invests $1B to electrify fleet, terminals
Purolator Inc. plans to invest $1 billion toward 3,500 fully electric last-mile delivery vehicles and the electrification of more than 60 terminals to achieve its 2030 climate goal. Over $100 million will be invested in 2023 alone.
Canada distributes $344M for critical minerals strategy
Natural Resources Minister Jonathan Wilkinson announced a $344-million investment to help advance “the development of a dynamic and competitive critical minerals sector” that will be split among five programs and initiatives in the critical minerals strategy.
U.K. and Canada ink clean tech critical minerals deal
The U.K. has continued its push to bolster resource security for the fast-expanding clean tech industry, inking an agreement with Canada to jointly explore how to boost supplies of critical minerals used in solar panels and electric vehicles.
 | Kolostat & Krome Decarbonizing commercial assets is a still top priority even in unstable timesBy now, it is fair to say that Environmental, social and governance (ESG) principles are here to stay and will contribute to the betterment of real estate holdings and property management. Sponsored by: Kolostat & Krome |
Canadian agencies adjust green finance rules
The Sustainable Finance Action Council released a green taxonomy report to help the government identify what a sustainable investment is, and the Office of the Superintendent of Financial Institutions published a framework for climate-related risk.
Airex raises $38M for green industrial products
Airex Energy has raised $38 million in a funding round that will accelerate the Quebec company’s plans to expand its production of low-carbon industrial and agricultural products made from biomass at its commercial-scale Bécancour biocoal plant.
Canadian Solar's Japanese projects start operations
Canadian Solar Inc. announced that three of its solar power projects in Japan, totalling 53,000-megawatt hours of renewable energy, reached commercial operation in the first quarter of 2023. The projects will avoid approximately 24,000 tonnes of annual carbon emissions.
N.S. battery factory is an early geothermal adopter
Nova Scotia’s Surrette Battery Company is currently Canada’s only independent battery manufacturer. Now focused on batteries to start trains and for renewable energy storage, they are also an early adopter in another source of renewables: geothermal energy.
B.C. First Nation's tidal project receives $1M funding
A cutting-edge clean energy project to use ocean waves to power a coastal First Nation’s return to its traditional territory on Vancouver Island’s wild west coast received $1 million in funding to replace diesel-powered generators.
Adaptis raises $2M to help buildings reach net-zero
Toronto-based cleantech startup Adaptis has closed a $2-million pre-seed round to expand its building adaptation platform. It automates and optimizes the planning process for building owners and consultants who are working to make their properties more energy efficient.
How to allocate Canadian land for the environment
Adding the land requirements for renewable energy, biodiversity conservation, less-intensive farming, and two billion trees equals 72 per cent of the area of Manitoba – an immense area of land to be reallocated. Is it even feasible?
Ottawa's plastics ban faces industry challenge in court
Ottawa’s strategy to tackle plastic waste is under scrutiny in a court hearing this week in Toronto, where an industry group is seeking to overturn the federal government’s decision to designate plastic manufactured items as a toxic substance.
Enbridge, Suncor targets of green shareholder activism
Enbridge Inc. and Suncor Energy Inc. are the latest corporate targets of climate-focused investors like Canada's Investors for Paris Compliance who are looking to pressure boards and management with shareholder votes in the upcoming season of annual general meetings.
Couche-Tard's moves may be too late for ESG investors
Alimentation Couche-Tard Inc., which oversees one of the biggest networks of convenience stores and gasoline stations in the world, is pushing for initiatives like electric vehicle chargers and cage-free eggs. But is it too late for ESG-minded investors?
Oilpatch shows plentiful profits amid climate crisis
After 12 months of upheaval in the energy industry, some top oilpatch executives at CERAWeek – one of the world's largest energy conferences – are expressing doubt about how quickly the world will transition away from fossil fuels.
BP to reset renewables amid an oil and gas boom
BP hasn't fallen out of love with renewables. It just wants to have more power. The oil major isn't backing away from renewables though, its green chief Anja-Isabel Dotzenrath stresses, it's simply changing the terms of the relationship.
U.S. IRA needs permitting reform, industry warns
The Inflation Reduction Act (IRA), which provides hundreds of billions of dollars in clean energy incentives to fight global warming, won't be fully effective without permitting reform, executives told an audience at the CERAWeek energy conference.
Industry Events
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Greenbuild 2024: Built to Scale
Nov 12 2024
to Nov 15 2024
Pennsylvania Convention Center, Philadelphia, PA
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Sustainable Finance Forum 2024
Nov 28 2024
to Nov 29 2024
Shaw Centre, Ottawa
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