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Li-Cycle lowers losses in Q2, closes Kingston Spoke facility
Li-Cycle lowers losses in Q2, closes Kingston Spoke facility
Li-Cycle Holdings Corp. (LICY-N) showed progress on its cost cutting measures in Q2, while also announcing the closure of its Kingston, Ont. battery recycling facility to focus on other parts of its global recycling network.
Deep Sky to build carbon removal test site in Alberta
Deep Sky has chosen Innisfail, Alta. to host a facility that will test a range of carbon removal technologies toward eventual commercialization, said to be a world first. Operations are scheduled to start in February to March 2025.
Hypercharge to provide 323 EV chargers to Mattamy Homes
After announcing it had delivered 200 Level 2 electric vehicle (EV) chargers to Surrey, B.C.'s King George Hub, Hypercharge Networks Corp. has revealed a partnership with Mattamy Homes to provide 323 EV chargers for the Toronto-based homebuilder’s developments.
Pyrogenesis Q2 revenue jumps 30% over last year
PyroGenesis Canada (PYR-T) reported financial results for Q2. Highlights include: revenue of $3.93 million, up 29.6 per cent year-over-year versus Q2 2023; and a backlog of signed and/or awarded contracts of $29.8 million as of Aug. 6.
Stantec reports backlog of $7.2 billion
Edmonton-based sustainable design and engineering firm Stantec (STN-T) reported its results for Q2. It reported a contract backlog of $7.2 billion, reflecting 8.2 per cent acquisition growth and three per cent organic growth from Dec. 31, 2023.
Innergex confirms 2024 outlook despite Q2 results
Longueuil, Que.-based Innergex Renewable Energy Inc. (INE-T) saw its earnings decline in Q2, but committed to reaching its full-year goals as it plans to keep its focus on executing a “disciplined growth strategy.”
Base Carbon receives $11M from sale of carbon credits
Toronto-based Base Carbon Inc. (BCBN-NE), with operations through its wholly owned subsidiary, Base Carbon Capital Partners Corp., has received proceeds of approximately $11.2 million US from sales of carbon credits from its Vietnam household device and Rwanda cookstove projects.
Canadian Solar's e-STORAGE to power project in Australia
Canadian Solar Inc. (CSIQ-Q) announced that e-STORAGE, part of the company's majority-owned subsidiary CSI Solar Co., has been awarded a contract for 200-megawatt-hour energy storage solutions for a project in Victoria, Australia.
Alta. rooftop solar boom driving questionable sales tactics
Surging demand for rooftop solar in Alberta is sparking what advocates call a rise in shady sales tactics by those seeking to cash in. In late July, for example, Nanton, Alta. warned residents to watch out for a potential scam.
EV charging company will penalize drivers who take too much
Electrify America has implemented a pilot program at 10 Southern California stations where charging will stop after a car’s battery is 85 per cent full. After a grace period, drivers will be charged 40 cents a minute until they unplug.
EV sales plummet 37% in Germany as slump deepens
Registrations of EVs fell 37 per cent in Europe’s biggest auto market compared to a year ago, Germany’s federal motor transport authority KBA said Monday. It’s the biggest drop since December when the German government suddenly scrapped EV subsidies.
EV fund outflows hit $1.6B as Trump fears add to slowdown
Investors are rushing out of EV-focused funds as growth forecasts cool and with a potential re-election of Donald Trump seen posing a further challenge to profits. Trump has vowed to ditch some existing EV policies if he returns to office.
Wind, solar projects approved at Kitikmeot gold mine
An energy project at a mine site in Nunavut's Kitikmeot region has been approved to build a wind farm and solar array that B2Gold says will offset its emissions by up to 50 per cent and won't impact wildlife.
Experts push back after Van. reverses new building gas ban
It isn’t too late for Vancouver City Council to reverse its recent, hasty decision to reopen the door for fossil fuel hook-ups in new buildings, two expert authors argue in side-by-side Vancouver Sun op-eds.
How Mars cut emissions 16% and still grew its business by 60%
Mars — the private company behind Ben’s rice, Pedigree pet food and M&M’s confections — reduced its greenhouse gas emissions in 2023, largely through initiatives that address how key ingredients including soy, cocoa, beef, palm oil and rice are grown.
U.S., India, Russia, Japan building out wind power much too slowly: report
The world is falling well short of a promise made at global climate talks last year to triple the amount of wind power, according to a report by energy non-profit Ember. Ranking best in the report were Brazil and Finland.
New England grid gets $389M boost to help plug in offshore wind
The U.S. Department of Energy awarded $389 million US this week to a coalition of New England states for improvements to the power grid that will significantly increase the region’s capacity for offshore wind development.
Why Labour pinned its hopes on state-run GB Energy
U.K. Prime Minister Keir Starmer’s promise to create jobs and grow the economy hinges in part on the government’s new GB Energy company. But questions have been raised over whether it is a market-maker for renewable energy — or a competitor.
Time to retire ‘hard to abate’ as climate solutions become more affordable
The many meanings of “hard to abate” is why experts say there is a good argument to stop using it. “Industry has adopted the phrase as a way of not wanting to take action,” according to BloombergNEF's head of technology.
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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