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Peak Power raises $35M for U.S. expansion, new hires

1 year ago

Peak Power raises $35M for U.S. expansion, new hires

Toronto-based cleantech company Peak Power has raised $35 million from a fund linked to a green investor to continue growth into the U.S., hire more staff and further develop its software offering.

Lufa Farms opens indoor farm in Montreal

Montreal-based Lufa Farms has opened its first indoor farm at a 1.6-million-square-foot former Sears distribution centre in Saint-Laurent, which is already home to what Lufa says is the world’s largest rooftop greenhouse.

CURV designer: B.C. tower "global game-changer"

Internationally renowned architect Tom Wright is known as the man behind Dubai's iconic Burj Al Arab. Almost 25 years later, he's heading up another global landmark in Vancouver, the 60-storey CURV Passive House tower being developed by Brivia Group.

Minto scales net-zero homes at GTA's Union Village

Minto Developments is proving at its latest Greater Toronto Area (GTA) community that building net-zero housing can, in fact, be scaled. The first phase of Union Village, the developer’s Unionville low-rise subdivision, includes 22 “net-zero-ready” units.

N.L. hydrogen plan receives $67.3M investment

A subsidiary of South Korean company SK Group has signed a $67.3 million deal with World Energy GH2 to buy a minority stake in a controversial green hydrogen project plan on Newfoundland's west coast.

Canada, S. Korea to work on clean-energy supply chains

Canada and South Korea penned new deals on supply chains for critical minerals and youth mobility to reduce dependency on China, as Prime Minister Justin Trudeau wrapped up talks with the country's president on Wednesday.

Canada, U.S. to build EV charging station corridor

Canada and the U.S. are teaming up to build a 1,400-kilometre corridor of charging stations from Quebec City to Kalamazoo, Mich., linking Montreal, Toronto and Detroit along the way to encourage motorists to buy more electric vehicles (EVs).

Retrofit to produce N. America’s tallest solar tower

A student residence at Saint Mary’s University in Halifax, will become the tallest solar-integrated building in North America once its decades-old concrete façade is replaced with a solar wall through an $8.5-million green retrofit.

Sask. premier calls net-zero by 2035 'impossible'

Saskatchewan Premier Scott Moe says the federal government's goal of requiring electrical grids to be net-zero by 2035 is "impossible and unaffordable." Moe called the federal government's still-to-be-released clean electricity standards "unrealistic" for the province.

Alberta's election dodges the climate

Alberta is the central battleground for climate policies in Canada, with global forces at play. But the debate remains divisive and blunt, fed by fear and anxiety in the face of change. Politicians, The Narwhal writes, chase controversy over solutions.

Canada’s life insurers have a fossil fuel problem

Canada is home to two of the largest life and health insurance companies in the world. They are also two of Canada’s largest investors in fossil fuels, including dirty coal, investments that harm the health of the clients they’re insuring.

Surviving sustainability communications challenges

Corporate communications on sustainability issues has long been a sore spot. From dodging greenwashing allegations to confronting critics, there's no end of things to think about. GreenBiz suggests getting internal alignment, avoiding greenwashing and dealing with critics

How to create sustainable artificial intelligence

A decade ago, Luís Cruz worked on developing software tools to bring AI to smartphones. It quickly triggered the question of energy efficiency. He went searching for tools and knowledge, but encountered an empty field.

China’s CO2 emissions hit Q1 record high in 2023

China’s carbon dioxide (CO2) emissions grew four per cent in Q1 2023, reaching a record high for the first three months of the year. The increase was driven by an economic rebound, stimulus measures and weak hydro generation.

South Africa beats climate goal due to blackouts

South Africa is ahead of its target for cutting emissions of greenhouse gases. Regular breakdowns of the coal-fired power plants that supply most of South Africa’s electricity mean that less carbon dioxide is being pumped into the atmosphere.

EU’s carbon emissions fall even as economy grows

The European Union’s (EU) greenhouse gas emissions tumbled by four per cent at the end of last year even as the region’s economy grew by 1.5 per cent, a positive signal for bloc’s efforts to meet its own climate goals.

Europe encourages carbon removal with a stick

The European Union is encouraging its carbon removal market with regulation rather than financial reinforcement, but experts believe the policy framework will establish trust in a market that could otherwise greenwash climate action.

U.S. unleashes $11B for renewables in rural areas

The U.S. Department of Agriculture announced a nearly $11 billion investment on Tuesday to help bring affordable clean energy to rural communities throughout the country. Funding will focus on providing affordable clean energy to vulnerable, disadvantaged and Indigenous communities.

UN forecasts 2 in 3 chance of briefly hitting 1.5 C

There's a two-out-of-three chance within the next five years that the world will temporarily reach the internationally accepted global temperature threshold for limiting the worst effects of climate change, a new World Meteorological Organization report forecasts.

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