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BluWave-ai to grow EV software line with $9.5M fundraise

1 year ago

BluWave-ai grows EV software with $9.5M fundraise

BluWave-ai is advancing its line of software products that aim to solve electrical grid congestion with the growth of electric vehicle (EV) fleets, aided by a $9.5 million fundraise to grow the company and its presence globally.

Bio Graphene's process creates a cleaner graphene

Toronto's Bio Graphene Solutions is pioneering a process to create high-quality graphene using organic materials, which can be used as a carbon-reducing performance enhancer for concrete. It claims the process is cleaner for the environment and more affordable.

Oneida LP, Aecon to begin building 250MW facility

The Oneida Energy Storage Limited Partnership has executed an agreement with the Independent Electricity System Operator to deliver a 250-megawatt (MW) energy storage facility near Nanticoke, Ont. said to be the largest of its kind in Canada.

Business shines bright for Stace

The sun is shining for Saint-Augustin Canada Electric, better known as Stace. The renewable energy installation development company recently delivered Europe's largest solar power plant in an urban environment in Bordeaux and is piloting some twenty solar installation projects.

Koch wants payback for Ontario axing cap-and-trade

Canada is “whitewashing” Ontario’s “reckless and illegal” cancellation of the $3-billion cap-and-trade carbon pricing program, alleges multinational giant Koch Industries in an ongoing international lawsuit challenged at the International Centre for Settlement of Investment Disputes.

New Flyer looks to turn the electric bus around

New Flyer finds itself at a crossroads, from supply chain traffic jams and a stalled share price, that has investors wondering whether CEO Paul Soubry can turn this bus around in time to make it profitable again.

Climate pledges of leading companies don't add up

Net-zero pledges made by some of the world’s largest corporations will reduce their greenhouse gas emissions by just 36 per cent, according to a new report, far short of the progress required to avert a catastrophic increase in global temperatures.

Queen’s Park announces Hydrogen Innovation Fund

The Ontario government has announced a new Hydrogen Innovation Fund that will invest $15 million over the next three years to help develop opportunities for hydrogen to be integrated into Ontario’s electricity system, including hydrogen electricity storage.

Belgium looks to N.S. to help deliver green hydrogen

A Belgian delegation led by the country's ambassador to Canada along with other industry leaders is in Halifax, is exploring opportunities to partner in Nova Scotia to import green hydrogen as an alternative energy source to fossil fuels.

OPG urges province to move with new power projects

Ontario Power Generation (OPG) has urged Ontario’s government to move forward with new hydroelectric plants in Northern Ontario. A report released Monday says the region has up to 4,000 megawatts of hydroelectric potential and recommended planning for facilities begin immediately.

Net-zero plan puts P.E.I at ‘centre of energy transition'

A clever series of presentation slides at a conference in Ottawa last week placed small communities at the centre of the energy transition and spotlighted Prince Edward Island as Canada’s next source of breakaway climate leadership.

This EV is wiping out indoor air pollution in arenas

Swapping gas-powered vehicles for electric is key to fighting climate change. But Health Canada is also touting the ability of one particular EV to curb indoor air pollution in places where children and adults play and exercise: electric ice resurfacers.

$1T in EV sales a wake-up call for carmakers

The total value of electric vehicles sold to date in the passenger vehicle segment has now crossed $1 trillion. Automaker who didn’t have a decent EV strategy missed out on their share of a trillion-dollar revenue opportunity.

Entrepreneur makes building bricks with hemp waste

An Indigenous-founded construction startup based in Nelson, B.C., will launch a pilot project this month to use hemp biowaste to build more sustainable houses – and potentially more affordable homes and community centres for Indigenous and rural communities.

'Green' concrete lays foundation for Langford campus

Butler Concrete & Aggregate poured 600 cubic metres of concrete made with captured carbon dioxide, the initial green step in the $98-million, LEED-certified campus that will be jointly operated by three British Columbia universities.

Imperial Oil files cleanup plan for tailings leak in Alta.

Imperial Oil has filed a plan for the interim cleanup of one of the largest oil patch spills in Alberta history but hasn’t released any details on the plan or the two toxic releases at its Kearl oil sands mine.

CIBC's Rimmer readies for sustainability talent war

Three months into her new job as head of global corporate and investment banking at the Canadian Imperial Bank of Commerce (CIBC), Susan Rimmer is focusing on a trend that is set to play out over three decades.

How green is your green bond?

Corporate issuers of green bonds should be prepared to face more scrutiny of assessments, as scrutiny of commitments and progress reports about their ESG strategies intensifies.

Nuclear gets green exemption for hydrogen fuel

The European Union is set to grant nuclear energy an exemption under its rules for producing renewable hydrogen. The move comes as the the EU seeks to bolster its energy security and spur a nascent hydrogen market.

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