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Boralex targets Ontario energy needs with Tilbury battery storage facility

3 days ago

Boralex targets Ont. energy needs with Tilbury BESS facility

Earlier this month, Montreal-based Boralex Inc. (BLX-T) and its Indigenous partner Walpole Island First Nation announced closing on $172 million in financing for the Tilbury battery energy storage system (BESS), located in Lakeshore, Ont.

HydroGraph preps for graphene commercialization in 2025

Fresh off a December funding round, HydroGraph Clean Power Inc.’s (HG-CN) president and CEO Kjirstin Breure outlined the Vancouver-based company’s plan to commercialize its graphene in a letter to shareholders.

Conestoga sees high demand for sustainability courses

Professionals looking to enhance their skills are flocking to short learning programs called microcredentials offered by universities and colleges, and sustainability is an increasingly popular field of study.

Halifax wind energy deal to cut city emissions by 24%

Nearly half of Halifax's municipal electricity will soon come from a wind farm, a move the city said will cut its greenhouse gas emissions by a quarter. The city will receive 33,000 megawatt-hours per year from the Mersey River wind farm.

Anaergia to build 5 biomethane plants in Italy

Burlington, Ont.-based Anaergia Inc. (ANRG-T), through its subsidiary, Anaergia S.r.l., has signed a binding agreement with Techbau S.p.A., an Italian company specializing in large-scale engineering and construction projects, for the building of five new biomethane production plants in Italy.

Innergex starts up Boswell Springs wind farm in Wyoming

Longueuil, Que.-based Innergex Renewable Energy Inc. (INE-T) said on Monday that its Boswell Springs wind farm in Wyoming reached commercial operation on Dec. 31. The wind farm has a gross capacity of around 330 megawatts.

Nordex swoops on 247 MW of Canadian wind projects

Germany-based Nordex has been awarded turbine orders totalling 247 megawatts (MW) for wind projects in Nova Scotia. The manufacturer will supply 36 turbines for several projects being developed by undisclosed customers in the province.

U of T signs multi-year partnership with Siemens Canada

In late November 2024, University of Toronto signed a multi-year agreement with Siemens Canada — a leading provider of energy, industrial and infrastructure solutions — to support the university’s goal of helping Canada reaching net-zero emissions by 2050. 

Damage from natural disasters in Canada hit $8.5B in 2024

Insured damage from severe weather events in Canada hit a record $8.5 billion last year, a warning bell that certain regions in the country may be at risk of becoming uninsurable, an industry association said.

Canadians susceptible to green transition disruption: report

One in 10 Canadians live in communities susceptible to workforce disruption from the transition to a greener economy, a new report suggests, while underlining solutions that could help those regions adapt.

The business case for more Canadian renewable energy

OPINION: It’s increasingly clear that renewables make a lot of economic sense. One of the strongest arguments for expanding wind, solar and energy storage is that they’re low cost, can lower household energy bills and are good for business.

Reports of the EV’s demise in Canada have been exaggerated

Both globally and in Canada, electric vehicle (EV) sales have continued to grow, while sales of vehicles powered by internal combustion engines have been dropping for years and have entered a phase some analysts are calling “long-term decline”.

Electric lobster boat nears launch by Indigenous fishery

The Membertou First Nation, located in Sydney, N.S., operates a licensed fishery. Now, it is on the cusp of a technology breakthrough. The First Nation is leading the development and build-out of an all-electric lobster fishing vessel, Lektrike’l Walipotl.

Hybrids gain ground as cost benefits shine: Deloitte report

Interest in hybrid powertrains is growing as a cost-effective solution to rising fuel prices. According to Deloitte’s 2025 Global Automotive Consumer Study, 26 per cent of U.S. consumers expressed intent to purchase a hybrid, up from 21 per cent last year. 

China's electric car sales grew in 2024

Sales of all types of EVs rose more than 40 per cent in China last year, while those of gasoline-powered automobiles plunged, industry data showed. Exports of pure battery EVs, fuel-cell cars and plug-in hybrids reached 1.28 million.

Lithium prices to stabilize in 2025, analysts say

Lithium prices are expected to stabilize in 2025 after two years of steep declines, as shuttered mines and robust EV sales in China soak up an oversupply, although the potential for mines to reopen may cap gains, analysts and traders said.

Hydro acquires remaining shares in Hydrovolt

Norsk Hydro and Northvolt have signed an agreement where Hydro will acquire the remaining shares in battery recycler Hydrovolt for US$6.8 million. Hydro is increasing its ownership in Hydrovolt from 72 to 100 per cent through this transaction.

U.K. startup that uses DNA to gauge biodiversity raises $25M

NatureMetrics Ltd., a U.K. startup that helps clients measure their impact on nature, has raised US$25 million in a Series B funding round the company believes will enable it to expand into self-sustaining profitability.

Net Zero Asset Managers Initiative suspends operations

The Net Zero Asset Managers Initiative, a global coalition of asset managers set up to meet net-zero goals, has suspended its operations after the departure of its largest member, BlackRock, in the latest finance sector retreat from concerted climate action.

U.S. emissions barely declined in 2024

Despite a record year for clean power production, recent declines in U.S. greenhouse gas emissions slowed to a crawl in 2024. New research by climate modeling firm Rhodium Group found that carbon emissions fell by just 0.2 per cent last year.

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