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Enbridge, Blackstone Energy Services to receive CIB funding for retrofit program

1 year ago

Enbridge, Blackstone to get CIB funding for retrofit program

Enbridge Sustain and Blackstone Energy Services Inc. will receive $200 million from the Canada Infrastructure Bank (CIB) toward a $300-million decarbonization retrofit program aimed at Ontario's municipalities, post-secondary institutions, hospitals and multiresidential buildings.

Vitacore looks to recycle the typically non-recyclable

Burnaby, B.C.-based Vitacore Industries is launching Planet Impact, an ambitious Canada-wide recycling program targeting plastics and other materials that typically wind up in landfills. Vitacore launched in 2020 with the original mission of manufacturing personal protective equipment.

Exterra looks to turn asbestos mines into carbon sinks

For Olivier Dufresne, co-founder and CEO of Montreal-based Exterra Carbon Solutions, the goal is not just to develop a method to capture carbon, but to reshape the perception surrounding the mining industry.

Eavor receives $90M from feds to scale operations

Calgary-based geothermal company Eavor Technologies Inc. is the first recipient of Canada Growth Fund support, and will receive $90 million from the federal government to help it scale its technologies at a commercial level.

SolarBank to acquire 2.5 megawatt solar sites in Ontario

SolarBank Corporation (SUNN-CN) has entered into share purchase agreements to acquire control of two corporations that hold solar projects located in Ontario with a combined capacity of 2.5 megawatts for consideration of 278,875 common shares of SolarBank.

Reconciliation, Sumitomo sign pact for Alberta carbon project

Reconciliation Energy Transition and Sumitomo Corporation of Americas have entered into an agreement whereby Reconciliation has granted to Sumitomo the exclusive right to acquire a significant equity interest in the East Calgary Carbon Transportation & Sequestration Project.

Duke sells commercial renewables business to Brookfield

Duke Energy (DUK-N) has completed the sale of its unregulated utility-scale commercial renewables business to Brookfield (BN-T), operator of one of the world's largest publicly traded, pure-play renewable power platforms. The sale agreement was previously announced in June 2023.

Li-Metal process makes TIME Best Inventions of 2023 list

Toronto-based Li-Metal's (LIM-CN) process of using a molten salt bath to convert lithium carbonate into lithium metal, a key component in electric vehicle (EV) batteries, has been named by TIME as one of the best inventions of 2023.

Shell to cut jobs in low-carbon solutions division

Shell (SHEL-N) will cut at least 15 per cent of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of CEO Wael Sawan’s drive to boost profits, the company said.

ATCO to partner on world's largest hydrogen facility

The South Australian government has announced a consortium comprising of ATCO Australia, a subsidiary of Calgary-based ATCO, and BOC as the preferred partner to design the world's biggest hydrogen production facility and a hydrogen power plant near Whyalla, South Australia.

Group sets course for transatlantic clean hydrogen corridor

A group of 20-plus corporations have backed an initiative to deliver the first shipment of clean hydrogen across the Atlantic by 2026. The Mission Possible Partnership has teamed up with RMI, Systemiq and others on the Transatlantic Clean Hydrogen Trade Coalition.

Mtl. to ban propane, natural gas, heating oil in new buildings

Montreal's executive committee approved a new bylaw banning gas hookups for any new building of three floors or less starting in October of next year. The plan is part of the city’s efforts to make buildings emissions-free by 2040.

Built Green Canada launches inaugural Maverick Awards

In parallel with the International Day of Climate Action, Built Green Canada has announced the launch of its Maverick Awards that profile trailblazers in sustainability — recognizing the organization's key underpinnings: innovation; transformation; and ambassadorship.

Why Canada needs better carbon taxes

OPINION: There is a role for smart regulations and subsidies to play in supplementing carbon pricing. But the Liberals should take to heart their own rhetoric, and refocus their climate policy on improving, not subsuming, carbon taxation.

Cdn. companies swept up in Europe climate disclosure rules

Europe has ushered in a new era of sustainability reporting for companies, imposing new requirements to provide details about their impact on the climate and other environmental and social factors under new rules many Canadian corporations will have to adopt.

Amazon adds 39 renewable energy projects in Europe

Amazon (AMZN-Q) has added 39 new renewable energy projects in Europe so far this year, adding over one gigawatt of clean energy capacity to grids across Europe. Amazon has now enabled more than 160 European wind and solar projects.

Apple’s 'carbon neutral' claims facing increased scrutiny

Apple (AAPL-Q) is facing scrutiny from European environmental and consumer groups over its claims that its latest devices are “carbon neutral,” a term that Brussels proposes to ban in corporate marketing because it is “misleading.”

Electric vehicle charging is on the move

The race to build EV charging infrastructure has companies breaking ground and installing stations in all kinds of places. But companies like FreeWire and SparkCharge are sidestepping that type of infrastructure altogether, instead offering mobile electric vehicle charging solutions.

First Nation fighting climate change with rows of trees

Siksika Nation in southern Alberta will see shelterbelts planted throughout the community, which are rows of trees planted on the perimeter of properties. Shelterbelts serve many purposes, including acting as a natural wind barrier and capturing moisture in the soil. 

China trials tougher carbon offsets rules

New China Certified Emissions Reduction credits — which reward activities that help avoid or remove the release of greenhouse gases — may be issued later this year as China's Ministry of Ecology and Environment gets new legal powers.

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