Sustainable Business News (SBIZ)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@sustainablebiz.ca
Canada: 1-855-569-6300

Nexii announces relaunch after bankruptcy

3 months ago

Nexii announces relaunch after bankruptcy

After a dramatic fall from green building material unicorn to a bankruptcy court, Squamish, B.C.-based Nexii Building Solutions Inc. will be restarting its business after an $8-million investment from U.S.-based 3 Gates.

Thermal Energy reports strong order backlog in 2024

Thermal Energy International Inc. (TMG-X), an Ottawa-based company that designs and makes heat recovery equipment, says it has booked a new record for orders in 2024. The company says it has seen its orders increase nine per cent year-over-year.

Agapyo develops plant-based 'jam' as alternative to plastic

Montreal-based tech startup Agapyo is entering a new phase in the development of its "jam" product, a mouldable and biodegradable alternative to conventional petroleum-based ABS (acrylonitrile butadiene styrene) plastic. Jam is a 100 per cent plant-based sustainable thermoplastic resin.

Umicore suspends construction of $2.8B Ontario battery plant

Belgian company Umicore announced Friday it was pumping the brakes on a planned $2.8-billion battery-materials manufacturing plant in Ontario. Umicore said it had begun reassessing growth forecasts for its battery-materials business beyond this year.

Rio Tinto turns to biocarbon in new Quebec JV

A new joint venture (JV) between British-Australian mining company Rio Tinto and California-based Aymium will see the companies manufacture a renewable metallurgical biocarbon product in Québec. The JV, named Évolys Québec Inc., will source the biocarbon from biomass residues.

N.S. approves third wind farm to power green hydrogen plant

Nova Scotia has approved a third and final wind farm meant to feed EverWind Fuels' green hydrogen and ammonia production facility. The province's environment minister approved the Windy Ridge project, a 49-turbine, 340-megawatt facility.

PyroGenesis advances waste-to-energy project

PyroGenesis Canada (PYR-T) signed a two-stage contract to deliver a land-based plasma waste-to-energy system for a European client, with the first stage involving a $2-million design phase to determine cost estimates of the $120- to 160-million project.

Novacium silicon-based batteries close in on capacity record

HPQ Silicon Inc. (HPQ-X) says silicon-based batteries from its France-based affiliate Novacium achieved a milestone. The latest batch of batteries surpassed the average capacity of 4,030 milliampere-hours (mAh), close to the actual world record for 18650 batteries of 4,095 mAh.

The EV rebates available in each province and territory

To encourage and hasten the transition to electric vehicles (EVs), the Canadian government and most provinces and territories offer purchase and leasing incentives or rebates for many light-duty electric passenger vehicles. Quebec and the Northwest Territories top the list.

Work underway at $1.56B Port Colborne EV battery factory

Excavators, bulldozers and articulated haulers dot 81 hectares of land in Port Colborne, Ont., as they prepare the future site of Asahi Kasei Corp.’s $1.56-billion, 185,800-square-metre lithium-ion separator battery plant.

Carmakers eye 2028 for smaller, lighter, safer EV batteries

Solid-state batteries are touted as the next big leap for EVs. Compared to their “liquid” counterparts, they’re safer, more energy-dense and less affected by temperature extremes, resulting in a smaller, lighter battery that has more range and can charge faster.

B.C. funds battery innovation centre at UBC Okanagan

University of British Columbia (UBC) Okanagan will be at the spearhead of battery research in Canada, the province announced Monday. The provincial government is providing $2 million to establish a “battery innovation centre” at the school.

Does Banff need to burn before Alta. acts on climate change?

OPINION: In the past 13 years, Alberta has seen wildfires almost destroy Slave Lake, Fort McMurray and Jasper, and chase out the people who live there. No wonder; we are the biggest laggard when it comes to fighting climate change.

Canada's new green buildings strategy mostly a rehash

The Canadian government’s newly released green buildings strategy contains little that is actually new for commercial real estate or public sector facilities. Rather, it’s an after-the-fact summary of programs and policies that have already been announced.

Toronto's first mass timber development on city land

Toronto councillors have approved the zoning application for the first mass timber building on a city-owned site, marking the final stage of approvals from the city before construction can begin. The project is part of a mass timber pilot program.

Canada's greenwashing law a major reality check for oil lobby

OPINION: Pathways Alliance's slimmed down website after Bill C-59 was passed is a more accurate depiction of the nature of their work. Now attention needs to focus on the real decision makers: oil executives.

Goodbye to the first climate president

U.S. President Joe Biden has done more to support clean energy than any president before, giving the country a fighting chance to cut emissions at the speed climate change demands.

The U.K. has an answer to Biden’s massive climate bet

The U.K. may not have the appetite or capacity to directly match U.S. President Joe Biden’s unprecedented funding for the American energy transition, but it does have a secret weapon of its own: a bounty of financial engineers.

UAE’s ALTÉRRA invests in fund backing fossil gas despite climate pledge

ALTÉRRA was billed as the world’s largest private investment vehicle to “focus entirely on climate solutions” at COP28. Yet four months later, one of the initial funds ALTÉRRA backed agreed to buy a major fossil gas pipeline in North America.

New bacteria turns methane into carbon-negative plastics

What if the world can capture methane, a powerful greenhouse gas emitted by industries such as agriculture and wastewater treatment, and turn it into a useful product? That’s exactly what Mango Materials, a California-based biomanufacturing company, is innovating. 

Industry Events