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Electra receives $27M from U.S. to complete Ontario cobalt plant

2 months ago

Electra receives $27M from U.S. to complete Ont. cobalt plant

Electra Battery Materials Corp. (ELBM-X) has been awarded $27 million in funding from the U.S. Department of Defense toward the completion of construction work on its $250-million Ontario cobalt sulfate refinery.

360 Energy's Envirally simplifies sustainability reporting

Envirally, a software product by Ancaster, Ont.-based 360 Energy Inc., is aimed at giving businesses more control over energy use to save costs and comply with increasing regulations on sustainability reporting.

Few Canadians intend to buy an EV as their next vehicle: poll

A third of Canadians would be more inclined to purchase from businesses that use electric vehicles (EVs) for deliveries, but only 13 per cent intend to buy one as their next car, according to a pair of surveys prepared for World EV Day.

Battery fires on flights link to broader issue for transportation

Battery fires from phones and laptops aboard aircraft have risen 28 per cent from 2019 to 2023, according to a new report, putting passengers at risk and sounding an alarm on a technology vital to the shift toward sustainability.

Timing of Northvolt’s Quebec battery plant in question

Northvolt said it will shrink its operations in Europe and cut jobs as slowing EV demand forces the company to rethink its plans. The battery maker is proceeding with its project near Montreal. However, the timing is uncertain.

Brookfield invests $1.1B into green fuel maker Infinium

Brookfield Asset Management (BAM-T) will invest up to $1.1 billion US in California-based low-carbon e-fuels startup Infinium, in a push to accelerate the availability of low-carbon sustainable aviation fuels, the companies said on Tuesday.

Energy transition the big theme among TSX’s top performers

A new ranking of the Toronto Stock Exchange’s top performers shows investors continue to be attracted to companies involved in the energy transition. The top-ranked company is Hammond Power Solutions, a company that builds custom transformers for alternative energy systems.

Hydro-Québec’s ambitious plans will come at great cost

OPINION: Last November, Hydro-Québec presented an ambitious plan to help the utility face up with fast-increasing demand for its clean electricity. But this will not come cheap: Hydro-Québec expects to invest up to $185 billion by 2035.

Anaergia chosen to upgrade MSU anaerobic digester

Burlington, Ont.-based Anaergia Inc. (ANRG-T), through its subsidiary, Anaergia Technologies, LLC, has entered into agreements to upgrade an anaerobic digester at the South Campus Anaerobic Digester and Compost Facility at Michigan State University (MSU).

B.C. marks completion of ‘electric highway’

A new “electric highway” network of charging stations may soon make EV travel possible throughout B.C. The network includes 155 charging sites and more than 310 fast chargers, with some sites offering additional Level 2 chargers.

Canada's business leaders must step up their climate game

OPINION: Canada’s business leaders are deeply concerned about how climate change will impact our nation’s environmental and economic health for future generations. But at the same time, many are woefully unprepared to take meaningful action.

Kitchener building is greenest rec facility in Canada

Shovels are in the ground for a massive $144-million, multi-purpose indoor recreation facility at RBJ Schlegel Park on Huron Road in Kitchener, Ont. that will be the city’s first net-zero carbon building.

Can we build affordable housing and meet climate goals?

Given the challenge of balancing Canada’s housing and climate goals, the University of Toronto’s Centre for the Sustainable Built Environment developed the Future Infrastructure Growth model to explore how the country can sustainably build the required number of homes. 

The backlash to the ESG backlash

OPINION: We hit peak ESG in 2021 with record investment flowing toward ESG-labelled funds. Then came the anti-ESG backlash. Driven by a dark-money campaign, U.S. states began to create anti-ESG policies. Now, the anti-ESG backlash is experiencing its own backlash.

The controversial plan to turn a desert green

Dutch engineer Ties van der Hoeven has spent years fine tuning an initiative aimed at restoring plant and animal life to roughly 13,500 square miles of the Sinai Peninsula, an area slightly bigger than the state of Maryland.

The world creates 52M tonnes of plastic pollution a year

The world creates 52 million tonnes of plastic pollution every year and spreads it from the deepest oceans, to the highest mountaintop, to the inside of people’s bodies, according to a new study from the University of Leeds.

Startup bets on heat and the sun to tackle AI's carbon footprint

Miami-based startup Exowatt has a plan to provide cheap, clean energy to data centres increasingly searching for ways to cut their emissions. The company pairs a solar energy collector with a thermal battery that can deliver either heat or electricity.

Electric seaweed fuels pursuit of algae power in Chile

Slimy, green seaweed floats in water-filled beakers, buckets and bins in the University of Santiago’s labs, algae which scientists in the Chilean capital are trying to turn into an efficient power source.

The lingerie startup that makes sustainable bras

Nudea began auditing its supply chain emissions in 2020. Since then, it’s eliminated plastic in all packaging, instituted a bra recycling program and, last year, ensured that most of the materials in its products came from natural or recycled fabrics. 

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