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INNhotels reaching 'new levels' of sustainability with $5.9M SOFIAC investment

2 weeks ago

INNhotels reaching 'new levels' of sustainability with SOFIAC

SOFIAC has made its first investment in the hospitality sector with a $5.9-million project targeting eight INNhotels properties in Alberta and British Columbia, a move expected to enhance the sustainability credentials and value of the hotels.

E-school buses can run reliably in Canadian winters: study

Electric school buses equipped with a diesel heater can hold enough charge to complete daily routes and provide warmth, even in Edmonton's bone-chilling winters, a study by Pollution Probe found.

EDC provides $55M for Hydrostor Australia project

Toronto-based long-duration energy storage developer Hydrostor Inc. has secured US$55 million from Export Development Canada (EDC) to back development of its 200-megawatt Silver City Energy Storage Centre project in Australia.

Deep Sky locks in $11M in financing from Finalta

As part of an agreement with Deep Sky, Finalta Capital will provide a credit facility for $11 million, custom-designed to support Deep Sky’s capital investments in carbon capture, storage and utilization at its Alpha facility in Innisfail, Alta.

RecycLiCo, Alaska Energy Metals sign supply chain MOU

RecycLiCo Battery Materials (AMY-X) and Alaska Energy Metals Corp. (AEMC) have signed a memorandum of understanding (MOU) to explore using RecycLiCo’s hydrometallurgical technology to refine metal concentrates from AEMC’s polymetallic Nikolai deposit via RecycLiCo’s new U.S. subsidiary.

Rock Tech projects 23% drop in op. costs for Guben site

Toronto-based Rock Tech Lithium Inc. (RCK-X) said is it anticipating a reduction of approximately 23 per cent in the modelled cost of producing lithium hydroxide at its Guben Lithium Converter in Germany.

Levven, Schneider partner on wire-free smart switches

Edmonton-based Levven Electronics Ltd. announced it has signed an agreement appointing Schneider Electric Canada Inc. as its sales representative for its wire-free smart-switch product line, Levven Switched Right, throughout Canada. 

Patriot Battery Metals to rebrand as PMET Resources

Montreal-based Patriot Battery Metals (PMET-T) will change its name to PMET Resources this week, marking what it describes as the next stage in its evolution into a diversified global critical minerals company.

SWTCH Energy, FLO partner on charger roaming deal

Toronto-based SWTCH Energy and Quebec-based FLO have struck a roaming agreement for electric vehicle (EV) drivers. The partnership allows drivers on either network to access chargers across both ecosystems using their existing mobile app and payment method.

Majority of LION electric buses back on roads Wednesday

The Bus Carriers Federation estimates that approximately 75 per cent of LION buses will return to service on Quebec roads on Wednesday. Some 1,200 LION electric school buses were taken off the road after one caught fire last week.

Mazda Canada CEO pivots thanks to mandates and tariffs

Mazda Canada’s incoming chief executive officer, Amy Fleming, says transparency and being “really nimble” are critical to managing two major industry headwinds: the Trump auto tariffs and government zero-emissions vehicle (ZEV) mandates.

New vehicle sales accelerating in Canada, but not for EVs

More Canadians are getting into a new vehicle, according to new data, but fewer sales are for ZEV options like EVs. The amount of ZEVs sold in July was down 33.7 per cent from July 2024.

EV advocates call on feds to ease rules on European vehicles

Advocates for Canada’s EV sector want the federal government to open the door to more European cars to spur competition in Canada. Industry Minister Mélanie Joly said Canada is looking at ways to bring in more EVs.

B.C.’s deficit to rise to $11.6B after dropping carbon tax

B.C. Premier David Eby’s decision to remove the province’s consumer carbon tax has helped drive British Columbia to a new record-high deficit of $11.6 billion. B.C.’s carbon tax was eliminated on April 1.

Alberta rejigs carbon pricing to allow tech investments

Alberta is changing its industrial carbon-pricing system to allow major emitters to account for investments in emissions reduction technology at their sites in lieu of paying into a provincial fund or buying carbon credits, as they currently must do.

Who's winning the green energy race in the EU?

Wind and solar account for around half of all jobs in the EU's green sector, employing 236,600 and 273,500 people respectively. According to Bruegel's new Clean Tech Tracker, Germany leads the bloc with over 310,000 jobs.

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