Sustainable Business News (SBIZ)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@sustainablebiz.ca
Canada: 1-855-569-6300

Wind, solar set to be cheaper than gas in Ontario, Alberta: report

1 year ago

Wind, solar to be cheaper than gas in Ont., Alta: report

A report from Clean Energy Canada suggests a combination of wind- and solar-generated electricity with battery storage is set to be an economical alternative to Ontario and Alberta’s plans to replace nuclear and coal with natural gas-fired plants.

Sifton continues to build on energy-efficient West 5

Despite delays caused by the pandemic, Sifton Properties Limited is still working hard on what it states will be the most energy efficient community in Ontario: the net-zero West 5 on London’s Oxford Street West.

Avison Young adjusts net-zero commitments at WEF

Canadian commercial real estate services firm Avison Young joined its global peers with a Paris-aligned climate pledge made at the World Economic Forum (WEF) that will focus on tackling building emissions.

TransLink to build Van. depot for 300 electric buses

With an ambitious plan to grow to a fleet of over 400 electric-battery buses by the end of this decade, TransLink is bulding massive spaces and dedicated facilities to accommodate the unique charging, servicing and parking needs of the vehicles.

Westbridge adds another solar-storage project in Alta.

Westbridge Renewable Energy has kicked off development of its fifth solar-plus-storage project in Alberta. It is developing a 295 megawatt-peak solar plant with a 200 megawatt-hour battery energy storage system in central Alberta’s Stetler County No. 6.

OYA Renewables lands N.Y. State contract

Toronto's OYA Renewables announced it has been selected to deliver two new community solar projects in New York State. They were selected as part of the first round of a community solar program known as Expanded Solar For All.

VivClima aims to reduce project emissions with AI

Alberta-based Mavryck Inc. and Mohawk College partnered to create VivClima, a new artificial-intelligence-based construction project management software designed to help companies make emission baselines and reduce their carbon footprint through advisory for rebates from the government.

How old electric car batteries could power the future

In a warehouse in Port Coquitlam, B.C., sits a large, blue metal box that might help save Canada’s energy grids and prevent people from suffering sky-high electricity bills. Powering it are retired batteries that still have life left.

Brookfield Renewable reports 2022 annual results

Brookfield Renewable Partners L.P. reported an eight per cent increase in funds per unit from its operations from 2021 and closed or agreed to invest up to $12 billion over the next five years in its 2022 financial results.

Feds announce $500M green energy contract

The Government of Canada has partnered with Capital Power and SaskPower in Western Canada on renewable energy projects. It's one of two new energy partnerships in Western Canada as part of a 2030 emissions reduction plan.

B.C. ocean conservation conference builds on Montreal

Federal politicians are expected to make a significant announcement on ocean protection during an international conference in Vancouver on how to take action on promises to protect the marine world made at recent global environment meetings.

Freeland: Canada must compete against U.S. IRA

Deputy Prime Minister and Finance Minister Chrystia Freeland said the provinces and territories need to chip in to Canada’s response to the U.S.’s Inflation Reduction Act (IRA), which includes electric-vehicle incentives that favour North American manufacturers.

The IRA and the global ‘clean-energy arms race’

At the sidelines of the COP27, tensions were already brewing about how the $496-billion Inflation Reduction Act may affect industry and business in other countries – and even fuel a global “clean-energy arms race”.

China invested $733B in clean energy in 2022

Nearly half of the world's low-carbon spending took place in China, according to a recent analysis from BloombergNEF. The country spent $733 billion in 2022 on investments that included solar and wind energy, electric vehicles and batteries.

The EU's Green Deal Industrial Plan

The European Commission presented a Green Deal Industrial Plan to enhance the competitiveness of Europe's net-zero industry and support the fast transition to climate neutrality. It is centred around building a supportive environment for the EU's clean manufacturing and technology.

How the ECB's is tackling inflation and emissions

The European Central Bank (ECB) has announced a new plan to include climate change indicators in its inflation-reducing monetary policies. This helps not only bolster the climate resilience of Europe’s financial systems, but also support its green transition.

Mexico hopes to comfort climate critics with solar park

The first power from a giant solar energy park in the desert of northern Mexico will enter the country's electricity grid in April, officials said on Thursday, as the nation aims to burnish its green credentials with the flagship project.

Can South Korea swap to hydrogen from natural gas?

South Korea, a top importer of U.S. natural gas, wants to curb its carbon emissions and ultimately shift to cleaner energy. It is highly reliant on natural gas amid a 2050 net-zero target. Will its bid work?

Woman-owned Buoyant closes $102M climate fund

Buoyant Ventures raised $102 million to back climate-technology startups, marking the biggest ever debut of a woman-owned U.S. venture fund not based on the coasts. The fund also drew $7.6 million in co-investments. 

Industry Events