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QSL partners with Port of Montreal, Oceanex on green shipping corridor
QSL partners with Port of Montreal on green shipping corridor
Quebec-based QSL has joined forces with the Port of Montreal and Oceanex to create Canada's first green shipping corridor between Montreal and St. John's, N.L. The initiative is intended to decarbonize one of the busiest shipping routes in Eastern Canada
Cetana REIT's goal: Sustainable, affordable rental housing
Cetana Group’s newly-launched REIT aims to develop climate-friendly rental housing across Canada that prioritizes cost and quick builds. It is beginning an open-ended fundraise targeting $8 million to $10 million for its first project.
Ballard signs long-term supply deal with NFI
Vancouver-based fuel cell company Ballard Power Systems (BLDP-T) has signed a long-term supply agreement with Winnipeg e-bus maker NFI Group (NFI-T). NFI has placed its first order for a minimum of 100 fuel cell modules for planned delivery this year.
Carbon Streaming announces reduction in board size
As part of the company’s efforts to reduce costs, Carbon Streaming Corporation (NETZ-NE) has reduced the size of its Board of Directors from eight to five. R. Marc Bustin, Saurabh Handa and Andy Tester have voluntarily resigned, effective Jan. 3.
Kontrol Technologies completes sale of subsidiary
Kontrol Technologies (KNR-NE) has completed the sale of its operating subsidiary ORTECH Consulting. The proceeds are $6.1M plus working capital of approximately $600,000, less closing costs. Prior to the closing, Kontrol held $3.2M of cash on hand.
Nova Scotia funding 31 clean energy projects
Nova Scotia's Low Carbon Communities program is funding 31 clean energy projects over the next year with the goal of cutting greenhouse gas emissions across the province. The program has invested more than $4.9 million since 2018.
Cleantech revolution needs more clean power: Champagne
Federal Industry Minister Francois-Philippe Champagne is warning that the country is reaching the limits of its abundant renewable energy capacity, and making more electricity is going to be key to keeping the wins coming.
Fed. govt. starts consultations on national plastics registry
The federal government is looking into creating a national plastics registry to track the life-cycle of plastic in the economy. Environment Minister Steven Guilbeault said Ottawa has launched public consultations to gather input on how such a registry could work.
Altus announces financing from Goldman, CPP Investments
U.S. clean energy company Altus Power, Inc. (AMPS-N) has announced the closing of a secured credit facility having a principal loan amount of $100M by an affiliate of Goldman Sachs and CPPIB Credit Investments, a subsidiary of CPP Investments.
World’s biggest banks made $3B on green debt in 2023
The world’s biggest lenders generated about $3 billion in fees last year from lining up debt for deals marketed as environmentally friendly, according to data compiled by Bloomberg. European bank BNP Paribas topped the green debt league table.
‘Transition finance’ takes centre stage in 2024
The phrase “transition finance” is loosely defined as investments mainly in industries and infrastructure that help drive efforts to achieve a net-zero economy. It’s distinct from green finance, which generally targets so-called climate solutions like wind farms or battery plants.
6 reasons to be optimistic about the energy transition
The transition from fossil fuels is messy, frustrating and frequently uncertain. Despite the ups and downs, one thing is clear: the energy transition is happening. Everywhere you look, genuine progress is being made toward a carbon-free world.
Will carbon markets see a year of redemption in 2024?
After a year of intense scrutiny into the credibility of existing carbon credits and a continued lack of agreement over international carbon trading rules at the COP28 climate summit, carbon markets are striving to exit the doldrums.
What are Cdns. willing to sacrifice to fight climate change?
OPINION: Behavioural scientists will be poring over the lessons learned during the COVID lockdowns for decades to come, not just in case of another pandemic, but for other big crises, too — such as climate change.
Pattern closes on $11B financing for clean energy project
San Francisco-based Pattern Energy Group recently announced it has closed an $11 billion financing deal and has begun full construction of SunZia Transmission and SunZia Wind, which together form the largest clean energy infrastructure project in U.S. history.
Offshore wind sites send power to U.S. grid for first time
The joint owners of the Vineyard Wind project, Avangrid and Copenhagen Infrastructure Partners, announced Wednesday the first electricity from one turbine at what will be a 62-turbine wind farm 24 kilometres off the coast of Massachusetts.
Can we create 'living buildings' made of fungi?
A team of Vancouver academics is fusing the fields of microbiology and architecture to create living building materials made out of oyster mushrooms and other edible fungi. They say their research could help curb the construction industry's environmental impact.
Germany CO2 emissions at lowest level in seven decades
Carbon dioxide emissions in Germany, Europe’s biggest economy, dropped to their lowest level in seven decades as the use of coal declined sharply in 2023, and economic pressures weighed down production by energy-intensive industry, according to a study released Thursday.
Diageo signs partnership that could replace bar, pub bottles
In partnership with circular economy startup ecoSPIRITS, beverage giant Diageo (DGEAF) will offer Gordon’s gin, Captain Morgan rum and Smirnoff vodka in refillable ecoTOTE 4.5-litre vessels across 18 markets over the next three years.
Startup says it can solve cotton's waste problem
Seattle-based Evrnu is about to break ground on a cotton recycling facility in South Carolina. The facility will run primarily on renewable energy and have the capacity to create the equivalent of 80,000 T-shirts every year from recycled cotton clothing.
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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