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Azure nets government funding to develop sustainable aviation fuel facility
Azure nets government funding to develop SAF facility
Azure Sustainable Fuels Corp., a Calgary-based sustainable aviation fuel (SAF) developer, this week received $13.4 million in funding from the Canadian government to support the creation of a production facility.
Judge halts construction on Northvolt's Quebec plant
Battery producer Northvolt has temporarily suspended preparatory work on its factory east of Montreal, pending a Superior Court decision on whether to grant an injunction suspending work indefinitely. The injunction was requested by the Centre québécois du droit de l'environnement.
Australia’s Fortescue touts hydrogen plans in B.C.
Australia’s Fortescue Ltd. is touting plans to build a green hydrogen project in British Columbia even as the company faces challenges in obtaining limited supplies of hydroelectricity in the province. Green hydrogen requires huge amounts of renewable energy.
Ont. Teachers’ co-sponsoring India renewable energy fund
The Ontario Teachers’ Pension Plan is co-sponsoring a new India-based infrastructure investment trust holding renewable energy assets. The fund raised $223 million as part of an initial units offer and made its debut on the National Stock Exchange of India.
Examining hydrogen as option for B.C. families, businesses
Enbridge Inc. (ENB-T) and FortisBC Energy announced funding for their own respective studies to produce an integrated summary examining how hydrogen can be safely and reliably delivered using the province's existing gas pipeline infrastructure.
Most Vancouverites would pay for regional green tax: poll
Among 1,000 Vancouver residents polled, 82 per cent said they support the creation of a conservation fund — a dedicated green tax or fee that would support local sustainability projects — while 63 per cent said they would personally pay for it.
Canada’s grid increasingly vulnerable to severe weather
A series of electricity grid alerts in Alberta during the deep freeze last week made headlines across the country, but experts say power systems all across North America are increasingly at risk of being overloaded during severe weather.
Feds examining air pollution from bagel shops, pizzerias
The federal environment ministry is looking into whether some restaurants and bakeries that cook food in wood-fired ovens should be reporting their total air pollution emissions to the National Pollutant Release Inventory each year.
SolarBank executes lease on N.Y. ground-mount sites
SolarBank (SUNN-CN) has executed a lease agreement on a site in Greenville, N.Y., with plans to develop two seven-megawatt DC ground-mount solar power projects, expected to be eligible for incentives under the New York State Energy Research and Development Authority.
Northstar receives first delivery of shingles from IKO
Northstar Clean Technologies Inc. (ROOF-X) has received the first delivery of manufacturing waste shingles to its planned asphalt shingle reprocessing facility in Calgary, as part of the five-year supply agreement with IKO Industries Ltd.
Anaergia announces strategic investment update
Burlington, Ont.-based renewable fuels company Anaergia Inc. (ANRG-T) says the closing of the $13.6 million first tranche of the previously announced equity investment of $40.8 million from Marny Investissement is expected to occur on or about Jan. 23, 2024.
VinFast misses 2023 sales target
VinFast Auto Ltd. (VFS-Q) said it delivered fewer-than-targeted vehicles last year amid a slower electric vehicle (EV) adoption rate. The Vietnamese EV maker sold a total of 34,855 cars in 2023, but had forecast sales to reach 45,000 to 50,000.
How ‘green’ real estate can generate superior returns
Advances in property technology, wrinkles in the tax code and macroeconomic factors can create conditions for real estate investing that can nail the “E” in ESG while potentially delivering strong returns.
Carney sees 'massive disconnect' in green finance rhetoric
There’s plenty of money to be made by investing in the green energy transition, and financial professionals who say otherwise aren’t paying attention to the facts, according to Brookfield Asset Management Ltd. (BAM-T) chair Mark Carney.
Ontario’s new interest in renewable energy may be a mirage
OPINION: It looks like Premier Doug Ford might be ready to take some steps to get with the renewable energy program. But looks can be deceiving. Ontario’s plan to secure 5,000 megawatts of renewable power has some fundamental flaws.
Two-thirds of California solar firms have a cash problem
About two-thirds of home solar installers in California are struggling to generate enough sales to operate their businesses after the state slashed incentives for customers to buy rooftop panels, the California Solar & Storage Association said.
EU set to seek goal of 90% emissions cut by 2040
The European Union’s executive arm is set to recommend a 90 per cent net reduction of greenhouse gases by 2040, a target backed by climate scientists. The target will require greener consumer lifestyles and more restrictions on businesses and agriculture.
Hybrid heating could ease growing pains of a low-carbon grid
Hybrid heating systems — which use electricity when the heat pump is running and gas when the furnace is running — have the potential to ease the transition utilities face as countries decarbonize and electrify.
Sustainability goals drive demand for green skills
The accelerating pace of the global green transition is intensifying the competition for talent, according to new research from ManpowerGroup (MAN-N). The study shows demand for green skills significantly outstripping supply as employers work to recruit and retain qualified talent.
Industry Events
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ESG Summit Canada
Oct 30 2024
Arcadian Court, Toronto
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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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