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XPRIZE student winner Skyrenu to trial carbon capture with Deep Sky
XPRIZE student winner Skyrenu to trial DAC with Deep Sky
Deep Sky has inked its latest direct air capture (DAC) partnership with Skyrenu Technologies Inc., a winner of the XPRIZE for Carbon Removal student award. Deep Sky will be piloting Skyrenu’s DAC unit at its test facility in Quebec.
Rental project aims for top tier of Toronto Green Standard
The team behind the proposed 1925 Victoria Park Ave. development is hoping it will be the first residential building to attain the highest level of the Toronto Green Standard. The project is being developed by Well Grounded Real Estate.
Primaris REIT sets baselines for ESG targets
Primaris REIT’s (PMZ-UN-T) inaugural ESG disclosure will help establish its baselines for climate impact, sustainability and green buildings, according to the enclosed shopping centre-focused real estate owner. Its portfolio of 39 properties valued at $3.9B is spread across Canada.
Honda considers multi-billion dollar Canada EV plant: report
The federal government is welcoming reports that Honda is considering building an electric vehicle (EV) factory in Canada. Japanese media reported that spending on the potential EV plant could reach $18.5 billion. Honda is reportedly looking at several sites.
Work about to begin on Quebec Northvolt factory
Northvolt has obtained authorization to launch preparatory work on its $7-billion battery cell mega-factory on Montreal's South Shore, La Presse has confirmed. The company will have to "create," "restore" or "preserve" 30 to 50 hectares of natural environments.
Big banks' 'sustainable finance' label called misleading
Canada’s Big Five banks are potentially misleading investors by using terms like sustainable finance, according to a complaint to the Ontario Securities Commission and the Autorite des marches financiers of Quebec by climate advocacy group Investors for Paris Compliance.
Brookfield Renewable to issue $400M of green bonds
Brookfield Renewable (BEPC-T) has announced it has agreed to issue $400 million aggregate principal amount of medium-term notes. Brookfield Renewable Partners will be the issuer of the notes, which will be fully and unconditionally guaranteed.
World Bank launches $1.4B bond for sustainable dev.
The World Bank has priced a new five-year, $1.4 billion benchmark that matures in January 2029. Joint lead managers for this transaction are CIBC, RBC Capital Markets, National Bank Financial and TD Securities.
Recurrent sells Aussie battery energy storage project
Canadian Solar Inc. (CSIQ-Q) has announced its subsidiary Recurrent Energy, a global developer and owner of solar and energy assets, completed the sale of its 100 MW/200 MWh Mannum energy storage project in South Australia to Epic Energy.
T.O. unveils designs for 'transformational' mass timber bldg.
Toronto recently unveiled designs for a 10-storey mass timber, modular development proposed for the corner of Dundas Street W. and Ossington Ave. that would also include three-storey laneway housing on what is now a parking lot.
Doug Ford’s conversion on renewable power
OPINION: Ontario Premier Doug Ford came into office five years ago on a crusade against renewable power. But the business world moved past his own beliefs. What he previously felt was a political winner quickly morphed into an out-of-date idea.
P.E.I. wind turbines at 'high risk of imminent failure'
A consultant hired in 2022 to assess production problems at a wind farm owned by the P.E.I. government found severe damage, with turbine units possibly constituting a safety hazard and turbine blades at "high risk of imminent failure."
Canagold names new SVP sustainability and permitting
Vancouver-based Canagold Resources Ltd. (CCM-T) has announced it has appointed Chris Pharness as senior vice-president of sustainability and permitting, effective immediately. Pharness has 30 years of experience as an environmental professional, according to a release.
Azerbaijan names Ecology Minister as COP29 chief
Azerbaijan has chosen Ecology Minister Mukhtar Babayev, who worked for over two decades at the state oil and and gas company before entering government, to head COP29 to be held later this year in its capital, Baku.
World on track to eclipse 1.5 C above pre-industrial levels
Heatwaves and balmy oceans set the stage and now it's official: 2023 is the warmest year on record, with global temperature increases on track to exceed a 1.5 C threshold meant to limit the most severe impacts of climate change.
Why Intel doesn't participate in the SBTi
Intel (INTC-Q) said its emissions-reduction strategy is "aligned" with the net-zero guidance advocated by the Science Based Targets Initiative (SBTi), but it doesn’t follow the guidelines for "numerous reasons" tied to how the company accounts for past and future progress.
Global EV market growth to slow this year: report
Growth in the global electric vehicle market is set to slow to 27.1 per cent this year as a reduction in state subsidies makes the cars less appealing to buyers, according to research firm Canalys.
Goodyear unveils plans for an EV future
EVs weigh more than their internal combustion counterparts owing to their heavy battery packs, putting more wear and tear on tires. The Goodyear Tire & Rubber Co. (GT-Q) seeks to extend EVs’ tire mileage with its new ElectricDrive 2 product.
Single-use items bylaw kicks in this month for Calgary
It’ll soon be mandatory to pay for single-use items like paper shopping bags in Calgary. And if you want ketchup with your fries, you'll have to ask. The city’s new single-use items bylaw kicks in on Jan. 16.
5 cleantech startups that didn’t survive to see 2024
Bird, Hyperloop One, Sunfolding and other VC-funded companies went belly up or bankrupt late last year. There are some hard-won lessons to be learned by taking a look at the startups that didn't make it to 2024.
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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