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Strong sales pipeline gives PyroGenesis hope for improved 2024
Strong sales pipeline gives PyroGenesis hope for 2024
A series of setbacks in 2023 will make way for PyroGenesis Canada Inc.’s (PYR-T) “most robust sales pipeline we’ve ever had” in 2024, CEO Peter Pascali said during its Q4 2023 financials call Tuesday with investors.
Taiga pauses manufacturing, temporarily lays off 70 workers
Taiga Motors Corporation (TAIG-T) will be halting production of its electric off-road vehicles and laying off 70 workers for the time being, as the Montreal-based company turns toward efficiency measures after a period of rapid growth.
CPA releases propane decarbonization roadmap for Canada
Canada is vastly underperforming when it comes to developing and incentivizing the production of renewable propane, according to the Canadian Propane Association's (CPA) newly released Propane Decarbonization Roadmap for Canada.
Recurrent Energy secures $161M loan from Investec
Recurrent Energy, a subsidiary of Canadian Solar Inc. (CSIQ-Q) has secured a multi-currency facility of up to $161 million from a group of international banks led by Investec Bank Plc., the U.K. banking subsidiary of Investec.
Deep Sky to deploy DAC unit from Skytree in Canada
Montreal-based carbon removal company Deep Sky and Skytree, an Amsterdam-based direct air capture (DAC) company, have partnered to deploy carbon removal technology in Canada. Skytree will deliver and install a modular DAC air processing unit at Deep Sky Labs.
SolarBank shares now listed on Nasdaq
Toronto-based SolarBank Corporation (SUNN-NE) says its common shares have been approved for trading on the Nasdaq Global Market, with an anticipated opening of trading on Monday, April 8, 2024. The company's common shares will trade under the symbol "SUUN."
Metro, Too Good To Go join forces to reduce food waste
Metro (MRU-T) and Too Good To Go have announced a partnership allowing Quebec residents to reserve surprise assortments of the day's unsold fruits and vegetables, sold at $7.99, for a value of $24.
Vancouver wastewater treatment plant four times over budget
Residents of Metro Vancouver’s North Shore are absorbing news that a new water filtration plant is more than $3 billion over budget and 10 years behind schedule, and will cost each household in the region hundreds of dollars extra.
Tesla's sales miss by the most ever in brutal blow for EVs
Tesla (TSLA-Q) delivered just 386,810 electric vehicles (EVs) in the first three months of the year, missing Bloomberg’s average estimate by the biggest margin ever in data going back seven years. Tesla’s shares fell 4.9 per cent Tuesday.
Brampton, Ont. deploys first electric fire truck
A brand-new Rosenbauer RTX electric fire truck went into service in Brampton, Ont., this winter. Before it even responded to its first call the city was preparing its finances to place an order for two more.
Bombardier to disclose env. impact of its aircraft portfolio
Bombardier (BBD-B-T) says it is now the only business jet manufacturer to ever disclose the scientifically analyzed environmental impact of its entire product portfolio, after publishing an Environmental Product Declaration for its Challenger 650 business jet.
What it will take to boost the market for SAF
Adam Klauber, vice-president of sustainability and digital supply chains at World Energy, a sustainable aviation fuel (SAF) producer, details why U.S. airlines lag European counterparts in SAF adoption, and the market conditions ahead through 2030.
Solar projects continue to be approved in southern Alberta
Two southern Alberta solar projects have been approved since an almost seven-month moratorium on Alberta renewable project approvals was lifted last month. Alberta's pause ended March 1, with the province now adopting an “agricultural-first” approach toward new renewable projects.
BC Hydro wants more clean power to help meet demand
BC Hydro is looking for more clean power to add to its grids as electricity demands are expected to increase by 15 per cent in the next six years. The power utility wants to acquire about 3,000 gigawatt-hours per year..
U.S. Steel plant to host $150M carbon capture experiment
When completed in 2026, CarbonFree's project at U.S. Steel’s (X-N) blast furnace in Gary, Ind. will capture 50,000 tonnes per year of the carbon dioxide the plant currently dumps into the atmosphere, and ultimately turn it into calcium carbonate.
U.S. approves the nation’s eighth large offshore wind project
The Biden administration approved a new wind project off Massachusetts that is large enough to provide more electricity than the state’s former coal-fired station. Avangrid’s New England Wind is the U.S.’s eighth large offshore wind project to be greenlit.
SmartStop opens 50th storage property operating under solar power
SmartStop Self Storage REIT, Inc. has opened its 50th property, located in California, now operating under solar power. The implementation of solar energy at these properties will generate approximately 5.7 megawatt-hours of clean energy per year, the company says.
Majority of recent CO2 emissions linked to just 57 producers: report
From 2016 to 2022, 57 entities including nation-states, state-owned firms and investor-owned companies produced 80 per cent of the world's carbon dioxide (CO2) emissions from fossil fuels and cement production, according to a report by non-profit think tank InfluenceMap.
Britain bets on offshore wind to help achieve net-zero goal
The Aberdeen Bay farm, in the North Sea about three kilometres off the Scottish port city of Aberdeen, is relatively small, but it’s a vital cog in Britain’s ambitious goal to deliver 50 gigawatts of offshore wind by 2030.
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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