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EverGen sees Q2 revenue rise from 'record' RNG production
EverGen sees Q2 revenue rise from 'record' RNG production
Strong production of renewable natural gas (RNG) pushed EverGen Infrastructure Corp.’s (EVGN-X) revenue in Q2 to $4.2 million, higher than Q1 and nearly double the same period last year, with its net loss shrinking as well.
Optiwatt, TAF to examine impact of EVs on Toronto’s grid
A Toronto pilot program between The Atmospheric Fund (TAF) and San Francisco-based Optiwatt is studying the impacts of electric vehicle (EV) charging on the grid, which could help unlock steadier, more affordable charging for EV drivers.
Canada Goose flies toward waste, materials, climate goals
Canada Goose Holdings Inc. (GOOS-T) is making progress on targets for waste and materials and net-zero greenhouse gas emissions from its operations, the Toronto-based winter gear manufacturer reports in its 2024 sustainability report.
Electra gets $20M from U.S. for Ontario cobalt refinery
The United States Department of Defense says it’s giving $20 million US to Toronto-based Electra Battery Materials Corp. (ELBM-X) to kickstart construction of what would be North America’s first battery-grade cobalt refinery.
BNP, CIBC to lead financing of German hydrogen project
BNP Paribas SA and CIBC (CM-T) are among banks that have committed to backing one of Germany’s largest hydrogen projects. HH2E, the company behind the project, has requested loans of over 200 million euros.
 | Breakwater Vantage Breakwater Vantage partners with Indigenous communities to provide innovative water treatment solutionsBreakwater Vantage (BWV) is working with Indigenous-owned and operated partners and communities from the Regional Municipality of Wood Buffalo in Alberta, Treaty 8 to reach investment agreements that will result in use of BWV's innovative solutions for tailings water treatment. Sponsored by: Breakwater Vantage |
Canadian Solar misses Q2 EPS expectations
Canadian Solar Inc. (CSIQ-Q) shares plunged after it reported disappointing Q2 results. It saw a 30.8 per cent year-over-year revenue decline to $1.6 billion US. Earnings per share (EPS) for the quarter was $0.02 US, missing analyst consensus.
SolarBank developing project in New York state
Toronto-based SolarBank Corporation (SUUN-Q) says it intends to develop a 6.41-megawatt DC ground-mount solar power project on a site in East Bloomfield, N.Y. Once completed, the project is expected to power over 800 homes.
Ford slows EV plans, delays pickup and axes three-row SUV
Ford Motor Co. (F-N) said it was killing a planned three-row electric SUV and pushing back a new electric version of its best-selling pickup, the F-150, the latest delay by the U.S. automaker as it focuses on cutting costs.
Hypercharge to provide charging stations for Squamish dev.
Hypercharge Networks Corp. (HC-X) will provide Level 2 EV charging stations to SEAandSKY by Bosa Properties Inc., a new community in Squamish, B.C. Hypercharge will initially supply 18 charging stations to rental residential buildings and four stations for commercial units.
Are EVs driving a carbon neutral future?
Conventional wisdom dictates that EVs are the cleanest alternative to cars burning fossil fuels. There’s only one problem: EVs aren't completely emission-free. That’s because EVs are only as clean as the electricity used to charge them.
Van. to host Canada’s first docked e-scooter sharing program
Lime, a Canadian micro-mobility provider, now has the green light to launch a public e-scooter sharing program in Vancouver — complete with docking infrastructure. The service is scheduled to launch next month.
HydroGraph to transition CFO, trade under new symbol
Vancouver-based HydroGraph Clean Power (HG-CN) has begun trading under a new symbol, HGRAF, on the OTCQB platform in the U.S. It also announced CFO Robert Wowk will transition to a board advisory role. He will be succeeded by Matt Anderson.
B.C. forestry family transitioned from sawmill to mass timber
Kalesnikoff Lumber started as a sawmill, then evolved into a manufacturing plant that produced musical soundboards, and most recently into a mass-timber production facility during the COVID-19 pandemic, and soon into a first-of-a-kind mass-timber module-assembly plant in Castlegar, B.C.
U.S. issues first floating offshore wind power research lease
The U.S. government issued its first floating offshore wind research lease to the state of Maine. The research array will include up to a dozen turbines capable of generating up to 144 megawatts of renewable energy.
How tech companies are obscuring AI’s real carbon footprint
Amazon, Microsoft and Meta are concealing the actual carbon footprint of their push into AI by buying credits tied to electricity use that inaccurately erase millions of tons of planet-warming emissions from their carbon accounts.
Chevron secures GHG permit offshore Western Australia
A unit of Chevron (CVX-N) has secured a greenhouse gas (GHG) assessment permit offshore Western Australia. The permit area will be evaluated as part of a hub for storing third-party emissions, including those from Chevron’s liquefied natural gas assets.
India aims to expand ESG debt sector
India’s market regulator intends to expand the scope of its sustainable finance framework to include more products, a potential boost to ESG-labelled instruments in Asia. India’s issuance of ESG debt this year has touched $15.6 billion US.
Southeast Asia’s solar boom threatened by U.S.-China tension
The future of Southeast Asia’s booming solar industry, which produces the most panels in the world after China, is being thrown into doubt as the U.S. looks set to impose hefty tariffs on the region.
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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