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Lion Electric to lay off 30% of workforce after slow Q2
Lion Electric to lay off 30% of workforce after slow Q2
The Lion Electric Company (LEV-T) is laying off 30 per cent of its global workforce and plans to further streamline its business following Q2 financials that show widening losses at the maker of heavy duty electric vehicles (EVs).
NESI moves to scale-up lithium electrolysis technology
A spinoff of Vancouver-based chemicals company NORAM Engineering and Constructors Ltd. is aiming to use electricity to extract battery-grade lithium from brine at commercial scale, bringing a source of the critical mineral closer to home.
Black Swan looks to become major graphene supplier
Black Swan Graphene Inc. (SWAN-X) is planning on building a graphene production facility in Quebec as part of its overall strategy to become a major supplier to the concrete and polymer sectors.
OCH to expand clean energy program with Hydro Ottawa
Ottawa Community Housing’s (OCH) and Hydro Ottawa’s partnership to install EV chargers, solar panels and heat pumps in housing communities will be expanded upon to make more cuts to carbon emissions.
Canada, Germany commit $600M for hydrogen export
The Canadian and German governments are taking the next step to launch Atlantic Canada's hydrogen export industry, announcing a multimillion-dollar commitment Wednesday for projects in Eastern Canada. Each nation is investing up to $300 million.
N.S. renewable energy projects get over $192M in funding
Six clean energy projects in Nova Scotia are getting over $192 million in federal funding. The bulk of the funding will help with the installation of three battery storage systems to be operated by Nova Scotia Power Inc.
Feds announce $19M for Nunavut clean energy projects
Over $19 million will be spent on three Indigenous-led clean energy projects in the Kivalliq region of Nunavut, the federal government announced. Most of the funding will go toward a solar and battery energy storage facility in Naujaat.
Chinese EV maker BYD plans to enter Canadian market
Chinese EV manufacturing giant BYD Co. expects to enter the Canadian market, according to a filing with a federal regulator – a development that comes as Ottawa contemplates trade action against made-in-China EVs.
Chinese EVs nab record 11% share in Europe ahead of tariffs
Chinese brands captured 11 per cent of the European electric car market in June, notching record registrations as manufacturers raced to beat stiff European Union tariffs that took effect early this month.
What’s next for Canada’s EV battery supply chain?
Prized names in Canada’s EV battery supply chain — Ford, Northvolt and Umicore — have announced they are reevaluating their strategy for participating in the EV transition and taking a more conservative approach to the factories they committed to building here.
Charging an EV equal to paying 40 cents a litre for gas: report
Canadian EV drivers are paying the gasoline equivalent of $0.40 per litre to power their rides, according to a new report from Clean Energy Canada, which compares the cost of owning an EV to that of a gas car.
Electric cars help the climate. But are they good value?
OPINION: EVs cost more to buy than gasoline cars, and they may lose value more quickly. Even for people eager to own a car with no tailpipe emissions, it’s reasonable to wonder whether it makes sense to buy one now.
NFI posts first quarterly profit in 3 years as revenue rises
NFI Group Inc. (NFI-T) says it earned $3 million US in Q2, up from a net loss of $48 million US a year earlier. The Winnipeg-based company says its revenue for the quarter totalled $851 million US.
Dartmouth company to grow Nova Scotia's first battery farm
PCL Construction of Dartmouth, N.S. has won a contract for engineering, procurement and construction on Nova Scotia’s first battery farm, more correctly referred to as a battery energy storage system. The project will have a storage capability of 150 megawatts.
NEO Battery updates on R&D, advanced testing
In a letter to shareholders, Toronto-based NEO Battery Materials Ltd. (NBM-X) CEO Spencer Huh provided updates on several fronts, including: increasing battery value chain demand for NEO’s silicon anodes; and commencement of graphite anode screening and compatibility testing.
Construction could make up 50% of Canada's emissions by 2030
A study from the University of Toronto’s Faculty of Applied Science & Engineering found that if there are no dramatic improvements in construction practices, Canada’s construction industry will be responsible for nearly half of national emissions by 2030.
Skilled immigrants could fill green energy labour gap
The federal government has promised to double clean electricity generation by 2028, both to serve Canada’s growing energy needs and to meet international commitments to renewable energy. So why does it take so long for foreign credentials to be recognized?
Spain approves nearly 300 renewable projects with €17B investment
The Spanish government has approved nearly 300 renewable power projects, aiming to boost the country’s green energy capacity by over 28 gigawatts. The projects represent a combined investment of over 17 billion euros.
Researchers say oxygen is being produced on the ocean floor
Oxygen is being produced on the ocean floor — seemingly by ancient lumps of metal — according to a new study. That discovery is putting the scientists behind it at odds with The Metals Company, the Canada-based mining company that funded them.
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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