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Elemental Energy closes $118M CIB loan for Higgins Mountain wind project
Elemental Energy closes $118M CIB loan for N.S. wind project
Elemental Energy is accelerating construction on its Higgins Mountain wind farm in Nova Scotia after reaching financial close on a $118-million loan from the Canada Infrastructure Bank (CIB).
Northvolt closes in on $300M rescue package to stay afloat
Northvolt is closing in on a US$300-million rescue package that includes debt and equity, according to people familiar with the matter, buying time for the cash-strapped Swedish battery maker to stabilize production and line up longer-term financing.
Feds to invest $40M in Emissions Reduction Alberta
The Canadian government has announced an investment of $40 million from the Green Industrial Facilities and Manufacturing Program to Emissions Reduction Alberta. The funding will help to develop and manage a province-wide program for industry to become more energy efficient.
Kite Mobility to launch electric rideshare hub at T.O. condo
Kite Mobility is launching an all-electric rideshare service at The Garden District Condominiums in Toronto this November. Residents and visitors will have access to electric Volvo XC40s, reserved parking and dedicated chargers.
Honda stakes brand’s future on fresh start for EVs
Honda's new 0 Series is more than just a new vehicle for the company; it heralds the brand’s future. The company plans to sell only electric vehicles (EVs) by 2040, and the 0 Series will include seven new models.
EV maker Lucid expects to raise $1.67B from stock sale
Cash-strapped electric luxury sedan maker Lucid (LCID-Q) said on Thursday a combined public offering and private placement of roughly 637 million shares would likely fetch it US$1.67 billion.
Hyundai recalls hydrogen fuel cell vehicles due to fire risk
Hyundai is telling the owners of nearly 1,600 Nexo hydrogen fuel cell vehicles in the U.S. and Canada to park them outdoors and away from structures due to the risk of fuel leaks and possible fires.
EV chargers draw customers to local businesses: study
By combining EV charger locations in California with data from payment card transactions, researchers from the Massachusetts Institute of Technology found that businesses near an EV charger saw increased sales compared to similar businesses not near a charger.
Apple secretly worked with BYD on long-range EV battery
Apple Inc. (AAPL-Q) worked with Chinese automaker BYD Co. for years as part of its now-cancelled car project, developing long-range batteries that helped lay the groundwork for technology used today, according to people familiar with the situation.
Electric motorcycles still have farther to go
In the rush to adopt EVs, motorcycles have their own special challenges. So far, the greatest range squeezed out of an electric motorcycle is about 300 kilometres on a warm day, and that’s riding gently.
81% of Canadians want sustainability goals from executives
A survey conducted by Schneider Electric reveals Canadians are growing impatient with the slow progress of the country’s largest corporations. Eighty-one per cent of Canadians agree big businesses and corporations in Canada need to take action now to halt climate change.
Green power worth $5T set for emerging markets: S&P
Green power projects worth US$5.1 trillion are expected to be developed in emerging markets by 2040, as the world shifts to cleaner energy generation to cut emissions, according to S&P Global Commodity Insights.
Busted solar panels are both a problem and an opportunity
Calgary's Dan Carrocci, who's worked in renewable energy construction for over a decade, has long been troubled by the lack of end-of-life options for this infrastructure. He's stockpiling damaged solar panels in hope of developing a commercially viable means of recycling.
Van. home sets benchmark for sustainable construction
A Vancouver home, built in 1908, is being reconstructed to net-zero standards, and will become Canada’s first 115-year-old home to receive such extensive treatment, enabling it to produce as much energy as it consumes.
Poland PM sees clean energy as new economic growth engine
Prime Minister Donald Tusk said the transition to clean energy sources could fuel Poland’s future economic growth, in a sign that his government wants to get serious about weaning the country off coal.
Free reusable containers now on offer at some Ottawa stores
In a new pilot project meant to help businesses cut down on single-use plastics, participating Ottawa stores are providing free reusable containers in areas like salad bars and delis. People have 14 days to return the containers at the store.
Cities look to AI to flag residents’ trash and recycling mistakes
Cities, including Leduc, Alta. and Lansing, Mich., are looking to artificial intelligence (AI) to help improve their waste management, including reducing contaminants in their recycling and composting streams. But as with all new technology, there are privacy concerns.
Carbon neutral is a path, not a destination
But after three years of rapid rise in corporate carbon neutral target-setting, that term has lost some of its shine. Still, there is a path forward for carbon neutral to serve as an effective pricing tool, driving progress toward net-zero.
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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