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Triovest aspires to standardize sustainability in Canada with advisory team
Triovest aspires to standardize sustainability in Canada
Triovest, a Toronto-based real estate investment management company, endeavours to make its sustainability planning the standard for the industry by sharing its insights for every property in its portfolio with its peers.
First Nations take majority stake in Alberta Tilley Solar Project
Alexander First Nation is partnering with First Nation Power Development, Concord Green Energy (a subsidiary of Concord Pacific), and the Canada Infrastructure Bank to develop the Tilley Solar Power plant in Newell, Alta., 200 kilometres southeast of Calgary.
Earthware boosts return rate for reusable food containers
Earthware, a Calgary-based company offering a food container reuse program for restaurants and food preparation services, has boosted its return rate and plans to expand into the Edmonton region. Fundraising is under way to support the expansion.
Federal goverment, Ontario announce $15B Honda EV deal
The governments of Canada and Ontario have announced a multibillion-dollar deal that will see Honda Motor Co. expand its Alliston, Ont. facility to manufacture electric vehicles (EVs) and host a large EV battery plant, adding 1,000 jobs.
VW hones in on making EV 'battery of the future' in Canada
Volkswagen Group Canada Inc. plans to eventually manufacture solid-state batteries at its planned gigafactory in St. Thomas, Ont., says chief executive Vito Paladino. “As far as the technology, it is evolving fast. It is incredible,” Paladino said.
Tesla to accelerate launch of cheaper cars after sales miss
Tesla (TSLA-Q) plans to start production on more affordable cars before the second half of 2025, when it had previously pledged to begin making them. The Elon Musk-led company has been coping with a sales slump as EV demand falters.
Nexii selling subsidiary in attempt to avoid bankruptcy
Vancouver-based Nexii Building Solutions Inc., a green building company that claimed a valuation of $2 billion in 2022 but is now under creditor protection, is selling off its Omicron subsidiaries as part of a restructuring.
Scaled-down version of Atlantic Loop to cost $700M
Nova Scotia Power CEO Peter Gregg told a legislature committee that talks continue on how to finance a power line that would run parallel to an existing connection between Onslow, N.S., and Salisbury, N.B.
Alberta to welcome largest renewable diesel facility in Canada
Strathcona County, Alta. will be the home of Canada’s largest renewable diesel facility once Imperial Oil’s (IMO-T) $720-million project comes online. The facility will use canola, among other fats and oils, as biofeedstock to help produce renewable diesel.
Steelmaker to consider using PyroGenesis plasma torches
PyroGenesis (PYR-T) has signed a small contract with one of the five largest steelmakers in the world to assess the applicability of PyroGenesis’ fully electric plasma torches for use in the client’s manufacturing facilities as a primary heat source.
Deep Sky, Carbfix launch CO2 mineralization storage project
Montreal-based carbon removal project developer Deep Sky and Carbfix, the world’s first carbon dioxide (CO2) mineral storage operator, have partnered to explore CO2 mineral storage in Canada. A pre-feasibility study of Quebec’s potential reservoirs for CO2 mineral storage is underway.
Labatt eliminates plastic rings on cans produced at B.C. site
Labatt Breweries of Canada is investing $9 million into its Turning Point Brewery in British Columbia to fund the addition of new machinery to eliminate plastic rings and enable new formats for packaging cans.
Aurora Hydrogen advances low-carbon hydrogen market
Aurora Hydrogen, an Edmonton-based hydrogen technology company, is producing the world’s first high-efficiency clean hydrogen through methane pyrolysis and collaborating across the industry to develop the low-carbon hydrogen market in Canada.
Clean hydrogen’s best bet may be a rainforest state in Borneo
The oil-rich Malaysian state of Sarawak in Borneo is aiming to transform itself into a centre for clean hydrogen, betting its ability to harness an abundance of hydropower can help it defy challenges that are clouding the fuel’s prospects elsewhere.
Quebec has a lot riding on Rio Tinto’s green aluminum project
OPINION: Last year, after years of punting a decision, Rio Tinto (RIO-N) finally announced plans to replace its highly polluting 98-year-old Arvida smelter in Saguenay, Que., with a more modern $1.4-billion facility by 2028.
3 N.Y. offshore wind projects unravel after GE scraps plans
Late last week, New York declined to award final contracts to three major projects, citing an “inability to come to terms” with developers after their wind-turbine supplier, GE Vernova, changed its manufacturing plans.
Four ways to minimize the impact of plastics in your clothing
It is estimated that synthetic textiles contribute between 200,000 and 500,000 tonnes of microplastics – pieces less than five millimetres in size – to our oceans each year, making them a leading source of global microplastic pollution.
Starbucks to introduce cold drink cup made with less plastic
Starbucks (SBUX-Q) said it plans to alleviate some of its waste with new disposable cups that contain up to 20 per cent less plastic. The cups are set to be rolled out in the U.S. and Canada this month.
Real estate lenders missing chance to make borrowers cut carbon
Only a third of the world’s largest real estate lenders have set decarbonization targets for their property loan books, according to Bisnow. But banks and other financial giants are more likely to have decarbonization targets for other carbon-intensive industries.
University of Denver to offset 100% of its electricity consumption
The University of Denver (DU) and renewable energy provider Pivot Energy are partnering to construct on-campus solar and off-site net metering solar projects, totaling 23 megawatts DC of clean energy, allowing DU to offset campus electricity consumption with solar power.
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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