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Li-Metal CEO Srini Godavarthy resigns
Li-Metal CEO Srini Godavarthy resigns
Just a year after being appointed CEO, Srini Godavarthy has resigned from Li-Metal Corp. (LIM-CN) and its board of directors, the Toronto-based lithium anode developer announced Monday morning. Keshav Kochhar, Li-Metal’s COO, has been named interim CEO.
e-STORAGE to develop 150 MW of energy storage in N.S.
e-STORAGE, the battery energy storage subsidiary of Canadian Solar Inc. (CSIQ-Q), has been selected by Nova Scotia Power as the developer of three facilities totalling 150 megawatts of capacity.
Entropy unveils $127M plan for Phase 2 of Glacier CCS project
Entropy Inc. has announced a $127-million investment plan for Phase 2 of its Glacier carbon capture and sequestration (CCS) project in Alberta, that will quintuple carbon capture capacity from Phase 1.
MAC gives advisory board more power over sustainability
The Ottawa-based Mining Association of Canada (MAC) has given its advisory body a firmer hand in writing its sustainability standard, as pressure mounts on mine producers to be socially and environmentally responsible.
CVW, Indigenous groups form investment framework
CVW CleanTech Inc. (CVW-X) and First Nation and Métis communities from the Regional Municipality of Wood Buffalo in Alberta have signed an agreement that opens up investment opportunities in the Calgary-based company's oil sands tailings solution.
EverWind plans Canada's largest wind farm
EverWind Fuels is proposing to build three wind farms in Guysborough County, N.S. that combined, would be larger than any other in Canada. The company aims to submit an environmental assessment to the province by year-end for the first project.
SolarBank closes acquisition of Solar Flow-Through Funds
SolarBank Corporation (SUUN-Q) has closed its $45-million acquisition of Solar Flow-Through Funds Ltd. (SFF), which includes SFF's 70-plus operating solar sites located in Ontario, and recurring operating revenues which were $9.2 million in 2023.
Summit Nanotech signs JV for Chilean lithium project
Summit Nanotech Corp., a provider of sustainable direct lithium extraction technology, has executed a joint venture (JV) agreement with Chilean mining entity Llamara Group SpA to develop lithium resources in the Llamara Basin, located in Chile's Lithium Triangle region.
PyroGenesis announces purchase of Drosrite International
PyroGenesis Canada Inc. (PYR-T) has purchased 100 per cent control of U.S.-based Drosrite International for $1. Drosrite had already been a subsidiary of PyroGenesis on an accounting basis, but legally a stand-alone entity.
Solar plant at Rio Tinto's Diavik mine up and running
The 6,620 solar panels at Rio Tinto's N.W.T. Diavik Diamond Mine are expected to generate 4.2 million kilowatt-hours of electricity annually, amounting to 25 per cent of the electricity needed for closure work slated to happen between 2026 and 2029.
New BESS to alleviate pressures on Saskatchewan power grid
Saskatchewan’s first utility-scale battery energy storage system (BESS) is officially active. The BESS can provide 20 megawatts of power to the grid — enough to power up to 20,000 homes for one hour.
Alberta should have fewer carbon capture hubs: ATCO
Carbon capture and storage in Alberta got a boost Monday, as Shell Canada and ATCO EnPower Ltd. signed a carbon-sequestration agreement with the province. But ATCO's COO says Alberta actually needs fewer carbon capture hubs than are being proposed.
Google reports 13% emissions increase fuelled by AI
Google (GOOG-Q) reported a 13 per cent rise in greenhouse gas emissions for 2023, driven by the energy appetite of artificial intelligence and scarce availability of renewable energy in Asia and certain U.S. regions.
Lucid shares jump on better-than-expected quarterly sales
Lucid Group Inc. (LCID-Q) beat expectations for quarterly production and deliveries, sending the automaker’s shares higher as it shook off concerns about a slowdown in the electric vehicle market. Its shares rose 5.1 per cent at 9:40 a.m. on Monday.
LG sees battery breakthrough by 2028
LG Energy Solution Ltd. is aiming to commercialize dry-coating technology, described as a game changing battery-making process, by 2028, opening a path for the Korean cell manufacturer to become more competitive with Chinese rivals.
Mapping out the future of sustainable design
Cyrc, a Montreal-based 3D printing-driven home accessory and furniture design business, was founded in 2021 with the intention of creating items such as vessels and bowls from the confounding volume of consumer waste found on the planet.
A new, less gross way to dispose of food waste?
The primary sales pitch of Ottawa-based Food Cycle Science Corp. is that their FoodCycler electric appliance turns food waste into a nutrient-rich substance overnight that could be mixed into soil in a garden bed.
In a first, a solar microgrid will directly power an industrial plant
Titanium Metals Corporation is building a titanium-melting facility in West Virginia. Just next door, BHE Renewables is preparing to install arrays of solar panels and large battery systems, which will form a solar microgrid that connects to the titanium facility.
China’s solar sector unlikely to recover soon as glut persists
China’s solar sector will continue to face tough times in the short-term, manufacturer Longi Green Energy Technology Co. said. The nation’s solar industry is grappling with a deepening glut after production outstripped demand in recent years.
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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