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KKR buys Emera’s $1.2B stake in Newfoundland clean energy transmission line
KKR buys Emera’s $1.2B stake in N.L. clean power line
New York investment firm KKR & Co. Inc. will acquire the $1.19-billion minority indirect stake in the Labrador Island Link clean energy transmission line held by Halifax-based energy company Emera Inc.
Apricus acquires majority stake in Nexus Renewables
Miami-based clean energy company Apricus Generation has acquired a controlling stake in Canadian solar and battery project developer Nexus Renewables, aimed at growing a pipeline of projects that exceeds 500 megawatts.
Silicon-based batteries inch to record capacity, HPQ says
Longer-lasting rechargeable batteries are possible, according to anode tests of silicon-based industrial batteries made by the French affiliate of HPQ Silicon. Results found a 30 per cent improvement in average capacity for batteries with a small amount of silicon-based material.
HVAC retrofit nets zero-carbon certificate for Ont. building
A Kanata, Ont. office building managed by Colonnade BridgePort and owned by Fiera Real Estate has earned a zero-carbon operations certificate for replacing a gas-powered HVAC system with electric heaters.
Brookfield enters deal to buy France’s Neoen for $9B
Brookfield (BN-T) said on Thursday that together with Brookfield Renewable Partners and Singapore’s Temasek Holdings, it has entered into exclusive talks to buy a majority stake in French renewable power producer Neoen, valuing it at around $9 billion.
Clear Blue Technologies fiscal 2023 results jumps YoY
Toronto-based energy-as-a-service company Clear Blue Technologies (CBLU-X) announced its financial results for fiscal 2023. Its revenue increased 105 per cent to $5.4 million compared to $2.6 million from a year earlier.
FuelPositive closes $1.5M in private placement
Waterloo, Ont.-based FuelPositive Corporation (NHHH-X) has closed the first tranche of its non-brokered private placement. In connection with completion of the first tranche of the offering, the company has issued 28,123,818 units for gross proceeds of $1,546,810.
Waste-to-fuel company that raised $1B verges on collapse
Fulcrum BioEnergy, a clean-fuels pioneer that raised over $1 billion to turn household waste into lower-emitting fuels, is in danger of going under. The company recently laid off nearly all of its staff and halted most of its operations.
FLO, FCL forge fast charging corridor across B.C.
Federated Co-operatives Limited (FCL) is adding 41 new 100-kilowatt SmartDC fast chargers from FLO to its Co-op Connect charging network at 23 stations in British Columbia. The chargers will be in locations ranging from Fort St. John to Tofino.
Industry group seeks input on national ZEV strategy
Accelerate, a zero-emission vehicle (ZEV) industry association, says it is looking for opinions from across the country on how to build up capacity for raw materials production and manufacturing in an integrated North American market.
Leap, SWTCH to deploy VPPs in New York, Massachusetts
Leap, a virtual power plant (VPP) platform, and SWTCH Energy, a company that makes electric vehicle (EV) charging solutions for multi-tenant buildings, have announced a partnership to deploy VPPs in New York and Massachusetts.
Volkswagen to develop low-cost electric car
Volkswagen will develop low-cost EVs in a bid to better compete with fierce Chinese rivals, Europe’s largest carmaker said on Tuesday. The target is to produce EVs for the European market priced at around $30,000.
Toyota shows 'an engine reborn' with green fuel
Toyota has introduced plans to update the traditional internal combustion engine. The car manufacturer announced it would offer lean compact engines that also run on so-called green fuels like hydrogen and bioethanol, or get paired with electric motors in hybrids.
Big N.B. emitters mostly exceeded GHG caps in 2021-22
Data provided by New Brunswick's Department of Environment and Climate Change show the province's 15 largest emitters of greenhouse gases (GHGs) bought almost 10 times as many emissions credits as they earned in 2022 under the industrial carbon pricing program.
New Vancouver GHG reporting rules come into effect June 1
On June 1, Vancouver’s largest commercial buildings — those over 100,000 square feet in area, such as 10-storey office towers, shopping malls and institutional buildings — must start reporting their GHG emissions to the city.
Hydro-Québec gets nod to connect Nouveau Monde mine
Hydro-Québec has received approval to build part of a high-voltage line in an agricultural zone that will power the Nouveau Monde Graphite mine in Saint-Michel-des-Saints, which the company hopes will be the world's first 100 per cent electric open-pit mine.
Climate adaptation: businesses must prepare for the worst
When it comes to risk management, it's better to prepare for the worst, while hoping for the best. This golden rule of caution also applies to companies which will have to adapt to climate change in the coming years.
Move from natural gas to electricity not a simple flip of the switch
Pressure is building to increase the electrification of buildings. But not all governments are on the same page, contributing to a confusing landscape for developers and owners when planning the future of new or existing commercial and residential buildings.
Designer of world’s tallest building wants to turn skyscrapers into batteries
Skidmore, Owings & Merrill LLP, the firm that designed the world’s tallest building, is considering ways to build skyscrapers that can store energy using gravity. The designs are based on technology developed by Energy Vault as an alternative to lithium-ion batteries.
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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