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Transition to low-carbon economy 'a key priority' for EllisDon

6 months ago

Transition to low-carbon economy 'a key priority' for EllisDon

Mississauga, Ont.-headquartered EllisDon’s road to helping decarbonize the construction industry involves reducing pollution on construction sites, using sustainability software and embracing greener planning, according to one of its sustainable buildings executives.

Stantec's sustainability-linked revenue jumps $500M in 2023

Edmonton-based sustainable design and engineering company Stantec Inc. (STN-T) says it has achieved a $500-million increase in 2023 sustainability-related revenue compared to a year earlier, according to the company's 17th annual sustainability report.

Village Farms turns to RNG production in B.C. greenhouse site

The energy subsidiary of Delta, B.C.-based Village Farms International, Inc., is entering version 2.0 of its corporate evolution as it begins direct sales of renewable natural gas (RNG) to a provincial utility. 

Ford pauses construction on Que. battery materials plant

Construction on the cathode factory being built by Ford (F-N) and its partners in Bécancour, Que. is being put on hold, La Presse reports. Construction manager AtkinsRéalis has told its subcontractors to wind down work until they receive new instructions.

Policy that sealed Honda deal opens new industrial chapter

The federal government has introduced a new 10 per cent tax credit for any company that invests across the electric vehicle (EV) supply chain, including the often-ignored midstream segment of active cathode material production. 

Boston orders 80 zero-emission buses from New Flyer

Winnipeg-based electric bus maker NFI Group (NFI-T) says Boston's transportation authority has awarded NFI subsidiary New Flyer a contract for up to 460 battery-electric transit buses. The contract includes a firm order of 80 buses plus options for 380 more.

Hyundai to build more hybrids amid slowing EV demand

Another day, another automaker deciding hybrids are a better short-term solution than focusing solely on electric vehicles. Hyundai recently confirmed it would boost hybrid production at its Georgia factory, which was previously destined to build electric models.

Natron Energy opens new sodium-ion battery facility

Natron Energy launched large-scale production of sodium-ion batteries at a plant in Michigan, which founder Colin Wessells says is "a milestone for the battery industry." Compared to lithium-ion batteries, sodium-ion charges faster and lasts longer, according Natron CEO Wendell Brooks.

SHARC Energy announces 2023 year end results

B.C.-based Sharc International Systems Inc. (SHRC-CN) has filed financial results for the year ended Dec. 31, 2023. Highlights include: sales order backlog of $3.1 million; yearly revenues of $1.6 million; and a loss of $3.9 million.

Solar Alliance revenue increases 55% in 2023 to $7.5M

Toronto-based Solar Alliance Energy (SOLR-X) filed its audited financial results for the quarter and year ended Dec. 31, 2023. Highlights include: 55 per cent year-over-year revenue growth; gross profit of $1.07 million; and net loss of $1.8 million.

Cielo confirms equipment order, permit application

Cielo Waste Solutions Corp. (CMC-X) has ordered a biomass gasifier, a key piece of equipment required for its Carseland, Alta. project, and has submitted an environmental permit application to Alberta Environment and Protected Areas for the project’s construction.

Manulife announces Forest Climate Fund's second close

Manulife Investment Management has announced the second close of the Manulife Forest Climate Fund LP. Along with its affiliated offshore vehicles, the fund has now secured up to $334.5 million in commitments towards its $500-million targeted offering.

Plastic pollution talks end, no agreement on production curb

Negotiations on a future global treaty to tackle soaring plastic pollution wrapped up in Ottawa on Tuesday without agreement on a proposal to consider sustainable plastic production limits. Efforts to target production faced strong opposition from some petrochemical-producing countries.

One year on, little has changed in real estate decarbonization

Last April, Bisnow published an investigation into which of the world’s 75 largest real estate owners had a plan to reduce their portfolio's carbon output. One year later, the proportion of those investors without a plan dropped only slightly.

Federal government gives financial boost to biofuel sector

Canada's biofuel industry is welcoming a proposed multi-billion dollar package of financial support from the federal government, although concerns remain about whether it will be enough to compete with lucrative subsidies south of the border.

'I don't have any grudge against renewables': Alta. minister

Nathan Neudorf, Alberta’s minister of affordability and utilities, is tasked with the gnarly job of restructuring Alberta’s electricity system. Before politics, Nathan was involved in the commercial construction industry.

DFC, Starbucks team up to push dairy sector sustainability

Dairy Farmers of Canada (DFC) and Starbucks (SBUX-Q) Canada have joined to help advance sustainability in the dairy sector. Starbucks has committed $500,000 to support dairy sustainability-focused projects over the course of this year.

Solutions for composting in Montreal's large buildings

Now that compost collection is being deployed in buildings with more than nine housing units in Montreal, are the people who live there condemned to deal with bad odours and unwanted insects?

Billionaire's real estate decarbonization firm buys first asset

An 84,000-square-foot industrial property in the Baltimore area was bought by Galvanize Real Estate, the property arm of global investment firm Galvanize Climate Solutions, founded by former U.S. Democratic presidential candidate Tom Steyer.

Southeast Asian countries consider ways to boost 'green financing'

Senior finance and central bank officials from Southeast Asia and major economies met last week to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disasters brought on by climate change.

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