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Li-Cycle shakes up executives, lays off 17% of workforce
Li-Cycle shakes up executives, lays off 17% of workforce
Li-Cycle Holdings Corp. (LICY-N) will lay off 17 per cent of its workforce and onboard a new executive chairman and CFO as the battery materials recycler tries to rebound following a series of financial setbacks.
Rock Tech advances plans for Ontario lithium refinery
Plans to convert a former paper mill near Thunder Bay, Ont. into a lithium refinery have been finalized between Canadian companies Rock Tech Lithium Inc. (RCK-X) and BMI Group after a search for sites across North America.
Too Good To Go sets expansion sights on every Cdn. Tims
Tim Hortons is expanding its partnership with an app that sells food at a discount before it goes to waste; and Too Good To Go hopes to expand the service in every Canadian location.
Pyrowave named one of 2024's most innovative companies
Pyrowave has been named to Fast Company's list of the World's Most Innovative Companies, thanks in part to its work on an electricity-powered “nanopurification” technology that breaks down recycled plastics at a molecular level to cleanse contaminants.
SolarBank to acquire N.Y. solar project from Storke
SolarBank Corporation (SUNN-NE) has entered into a purchase agreement with Storke Renewables, LLC to acquire a development stage 3.15-megawatt solar project located in the town of Camillus, N.Y. on a closed landfill.
Avnos, Deep Sky partner on HDAC deployment in Canada
Montreal-based carbon removal project developer Deep Sky and Los Angeles-based hybrid direct air capture (HDAC) technology company Avnos have joined forces to deploy HDAC technology in Canada. Avnos will build and install an HDAC unit at Deep Sky Labs.
Lawsuit accuses FortisBC of 'greenwashing'
An environmental group, the Stand Environmental Society, is suing British Columbia natural gas utility FortisBC, accusing it of "greenwashing'' its product through marketing that makes the company seem more environmentally friendly than it is.
Suncor faces duelling climate proposals at AGM
At its upcoming annual general meeting (AGM) in May, Suncor (SU-T) will face duelling shareholder proposals. One seeks more disclosure about Suncor’s climate transition strategy. The other calls for the scrapping of its commitment to reach net-zero emissions by 2050.
Lucid surges on $1B lifeline from Saudi investor
Lucid Group Inc. (LCID-Q) is getting a $1-billion cash injection from its biggest investor Ayar Third Investment Co., an affiliate of Saudi Arabia’s Public Investment Fund, providing the troubled electric vehicle (EV) carmaker with a needed lifeline.
FLO, General Motors expand workplace charging
Quebec City-based EV charging company FLO has increased the number of EV chargers at General Motors' (GM-N) Global Technical Center, making it the largest workplace deployment of FLO chargers on a single site in North America.
EV owners worry about insurance, repair costs
VIDEO: EV owners who were shocked by how much it cost to repair their car after a collision worry it will mean higher insurance premiums. Experts say rates could rise because EVs are more complicated to repair.
Fisker slashes EV prices in fight for survival
Fisker Inc. (FSR-N) reduced the price of the Ocean sport utility vehicle as the electric carmaker struggles to stay in business. Fisker will slash the price of the top-end version of the Ocean by 39 per cent to $50,897.
U of T schools the world by cutting emissions in half
Heat pump research at the University of Toronto in 1940 is now paving the way for a retrofit to dramatically reduce its emissions. Called Project Leap, it is believed to be the largest sustainability effort in Canada's higher education sector.
Fix it or scrap it: essays make case for and against carbon tax
With the federal carbon tax set to rise from $65 to $80 per tonne on April 1, two new essays published by the Fraser Institute make opposing arguments: to fix the tax or to scrap the tax.
Could hydrogen-generating windmills power greenhouses?
University of Windsor professor Rupp Carriveau's research focuses on using a southwestern Ontario wind farm to create hydrogen, and then in turn power greenhouses in the area, adding to the region's electricity grid.
Germany’s $34B green experiment to save its industrial economy
Europe’s largest economy is running a $34-billion experiment to reach net-zero by 2045 without destroying its energy-intensive industrial base. The government announced so-called “climate protection contracts” to help companies cover additional expenses incurred in using cleaner technologies.
Evoloh bets hydrogen won’t happen without better manufacturing
Jimmy Rojas and his California startup Evoloh are attempting to solve the problems associated with hyrogen production by focusing not on novel materials, as is often the case with hydrogen startups, but on manufacturing.
Renewable energy overtakes gas in the U.K., analysis shows
Renewable energy sources generated more electricity than gas in the U.K. this winter, according to a new analysis. The Energy and Climate and Intelligence Unit found that hydro, solar and wind energy produced 55 terawatt-hours of electricity.
Fast fashion cos. Asos, Boohoo forced to clarify green claims
Major U.K. fast fashion retailers Asos, Boohoo and Asda’s clothing brand George will change the way they promote the environmental credentials of their clothes after being accused of greenwashing by U.K. watchdog, the Competition and Markets Authority.
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