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e-Zinc to fund pilot projects, technology with $42M fundraise

3 months ago

e-Zinc to fund pilot projects, technology with $42M fundraise

e-Zinc, a Toronto-based long-term battery storage company, has raised $42 million to support two pilot projects and refine its technology for commercialization and certification. The latest funding round enables e-Zinc to transition into its pilot phase.

Polystyvert raises $16M for commercial plans, technology

Polystyvert Inc. has raised $16 million in a first tranche of Series B funding that will go toward financing its Montreal commercial-scale plastics recycling facility and development of its technology.

REALPAC reveals CRE progress on Scope 1, 2 emissions

The Canadian commercial real estate (CRE) community is making significant progress in reporting Scope 1 and 2 emissions, reducing its carbon footprint and actively pursuing net-zero targets, according to REALPAC's (Real Property Association of Canada) 2024 Sustainability Industry Report.

Brookfield Renewable to issue $400M of green bonds

Brookfield Renewable (BEP-N) has launched a bond offering of $400 million, aiming to raise funds for its green energy initiatives. The securities will be fully guaranteed by Brookfield Renewable and some of its key holding subsidiaries.

Aduro provides update on Next Generation Process

Canadian cleantech company Aduro Clean Technologies (ACT-CN) is now conducting semi-industrial scale experiments to finalize reactor configurations for its Next Generation Process (NGP) for waste plastics. Aduro aims to begin constructing the NGP by the end of 2024.

RecycLiCo gets European patent for recycling process

Surrey, B.C.-based RecycLiCo Battery Materials Inc. (AMY-X) has announced the registration of the European unitary patent for its hydrometallurgical recycling solution. This marks the 16th patent issued globally for RecycLiCo.

Rock Tech selects Worley as partner for lithium converter

Toronto-based Rock Tech Lithium Inc. (RCK-X) has selected global professional services company Worley Limited as its preferred engineering, procurement and construction management partner for the construction of Europe's first lithium converter, located in Guben, Germany.

Lululemon accused of greenwashing environmental goals

A proposed class action filed Friday alleged Lululemon Athletica Inc. (LULU-Q) tricks consumers into believing the brand is sustainable and environmentally friendly through its Be Planet marketing campaign, despite increasing its greenhouse gas emissions.

How Canada can reconcile its housing and climate targets

A new model by researchers from U of T Engineering’s Centre for the Sustainable Built Environment finds that adopting the right mix of sustainable construction practices could enable Canada to meet its housing goals without blowing past its climate commitments.

Canada to phase out oil-fired furnaces, support heat pumps

The federal government says it has a plan - the Canada Green Buildings Strategy - to start phasing out the use of oil-fired furnaces in new construction, and get homeowners and businesses to switch to heat pumps over the next several years.

Tesla’s frenetic rally prompts a valuation reality check

Tesla (TSLA-Q) shares’ rally hit a wall last week on a report the company might delay a crucial event many investors have been pinning their hopes on. But it was already becoming harder to argue the case for the bulls.

The world's first hydrogen-powered commercial ferry

The world’s first hydrogen-powered commercial passenger ferry will start operating on San Francisco Bay as part of plans to phase out diesel-powered vessels and reduce planet-warming carbon emissions, California officials said last week while demonstrating the ship.

China’s shrinking emissions put carbon peak in play

China’s carbon dioxide emissions are on track for a first annual decline since 2016, a signal the world’s top polluter may have peaked its output of greenhouse gases. China accounted for more than 30 per cent of global emissions in 2022.

What are Labour's priorities for U.K. climate targets?

Climate and energy were key parts of Labour’s election campaign and manifesto, with a range of policies it will now look to enact. This ranges from zero-carbon power by 2030 and reforming the planning system, to developing adaptation policy. 

The world’s power grids are failing as the planet warms

Unstable networks create instability for businesses, roil politics and threaten lives. Expanding the U.S. grid will cost about $24.1 trillion US to meet net-zero goals by 2050, outpacing the investment needed in renewable-power capacity, according to BloombergNEF.

Scientists make 'significant stride' toward clean energy from algae

As solar collectors, plants are known to operate with nearly 100 per cent quantum efficiency. That led researchers at Concordia University's Optical-Bio Microsystems Lab to study algae and its potential as a sustainable way to harness the sun's energy.

Germany to invest billions in 23 green hydrogen projects

Germany is set to invest billions in pioneering hydrogen projects, aiming to boost the production, storage and transport of a potentially transformative source of green energy. The country has earmarked a total of €4.6 billion for 23 projects.

Is the EPA about to get serious about methane pollution from landfills?

The U.S. Environmental Protection Agency is tasked with devising regulations to lower methane emissions, but experts say its rules for landfills fall egregiously short of achieving the necessary reductions. But the agency has committed to updating them.

What's the right temperature for your air conditioning?

Comfort and avoiding negative health impacts that come with heat exposure are key. But the hotter it is outside, the more power air conditioners guzzle. That could strain electricity grids and increase the risk of deadly blackouts during heat waves.

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