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Taiwan's E-One Moli to build $1B B.C. lithium battery plant

11 months ago

Taiwan's E-One Moli to build $1B B.C. lithium battery plant

The Canadian and British Columbia governments announced almost $300 million in funding toward a $1-billion lithium-ion battery cell manufacturing facility in Maple Ridge, B.C., expected to be the largest of its kind in Canada.

Deep Sky raises $75M for commercial facility, research, hires

Deep Sky, a Montreal-based carbon removal company, has received $75 million in Series A funding to assist in planning a commercial-scale carbon removal facility in Quebec and support further research in the emerging field.

Amazon makes first Canadian wind farm investment in Alberta

Amazon (AMZN-Q) announced an investment into a 495-megawatt wind farm in Alberta – marking its first wind farm in Canada – that will power its operations with renewable energy. The project is expected to employ up to 300 workers during construction.

Fairmont Royal York a certified Zero-Carbon Building

Toronto’s historic Fairmont Royal York hotel has been certified a Zero Carbon Building – Performance Standard by the Canada Green Building Council (CAGBC), recognizing years of effort by its owner to eliminate most of the building’s carbon emissions.

Parkland strikes EV station funding deal with CIB

Canada Infrastructure Bank (CIB) says it will provide up to $210 million in loans to help Parkland Corp. (PKI-T) expand its charging network by upwards of 2,000 fast-charging ports at as many as 400 sites.

CDPQ invests $200 million in Northvolt

The Caisse de dépôt et placement du Québec (CDPQ) is investing around $200 million in Northvolt AB. The financing, in the form of convertible debt in the Swedish parent company, will contribute to the Northvolt Six project in Québec.

Carbon Streaming initiates strategic review

Toronto-based Carbon Streaming Corporation (NETZ-NE) announced its Board of Directors has initiated the next phase of a restructuring plan, a strategic review process. The previously announced move is focused on cash flow optimization, the company said in a press release.

EDF Renewables North America, Enbridge expand partnership

EDF Renewables North America and Enbridge Inc. (ENB-T) have announced an agreement that will see Enbridge become a 50 per cent partner in the Fox Squirrel Solar Project in Madison County, Ohio. The project will be Ohio's largest solar complex.

PyroGenesis begins trading on the OTCQX

PyroGenesis Canada Inc. (PYR-T), a Montreal-based company that designs, develops and manufactures plasma processes which are geared to reduce greenhouse gases, begins trading today on OTCQX under the symbol “PYRGF.” PyroGenesis previously traded in the U.S. on NASDAQ.

Businesses lack confidence in ability to reduce GHGs: KPMG

Although the majority of small- and medium-sized businesses have established policies or initiatives to reduce their greenhouse gas (GHG) footprint, seven-in-10 find they lack the resources to make it a priority, finds KPMG's 2023 Private Enterprise Business Survey.

U.S. and China pledge to ramp up renewables

The U.S. and China have agreed to resume a working group on climate cooperation and pledged a major ramp-up of renewable energy, the two sides announced Wednesday ahead of a leaders’ summit in San Francisco.

Bankrupt e-bus company finds buyers for its business units

Proterra, the leading U.S. electric bus-maker before it filed for bankruptcy protection in August, has found buyers for its bus-manufacturing, battery and electric-drivetrain businesses. Volvo Battery Solutions won a bid to purchase the Proterra Powered business line for $210 million.

EVs only bright spot in world's failing climate fight: study

Global efforts to reach net-zero carbon emissions are failing in almost every way, with one exception: the boom in electric vehicles, according to a study jointly conducted by the Bezos Earth Fund and other non-profits, which assessed 42 different measures.

There’s a big problem with your car’s tires

The friction of the constant rubbing of tires against pavement causes them to gradually erode, spewing tiny chunks of chemical compounds that float through the air and settle on the ground, where rainwater carries them into streams, creeks and riverbeds.

The humble trash truck is ready for an all-electric upgrade

A powerful new electric garbage truck recently started roaming the leaf-strewn streets of Portland, Ore. Between its tires sits a hefty 400-kilowatt-hour battery pack. Inside its body is the daily detritus discarded by residents of downtown Portland.

Sweden opens state-of-the-art plastics sorting plant

Thanks to cutting-edge technology, the Site Zero plant in Motala, Sweden can sort up to 200,000 tonnes of plastic packaging a year, according to Sweden Plastic Recycling, a non-profit company co-owned by Swedish plastics, food and trade industry groups.

Europe’s grids becoming a green power growth bottleneck

Europe’s electricity grids cannot keep up with the continent’s rapid expansion of renewable energy, and are becoming the main bottleneck to getting more clean energy into the network, the continent’s power lobby Eurelectric has warned.

5 startups fighting 'forever chemicals'

Like other toxic pollution, per- and polyfluoroalkyl substances — PFAS for short and often referred to as "forever chemicals" because they do not degrade or dissolve over time — offer business opportunities. These five startups are trying to solve the problem.

Converted convent will warm itself with recycled heat

In the gymnasium of the former Little Sisters of the Holy Family convent in Sherbrooke, Que, a gigantic heat recycling matrix is ​​about to be activated for new real estate project. The heat source? A powerful quantum computer.

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