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dcbel raises approx. $68M for smart home energy systems
dcbel raises approx. $68M for home energy systems
dcbel Inc. has closed a $68-million Series B funding round led by Idealist Capital which will help the Montreal-based smart home energy company accelerate distribution of its r16 home energy stations.
Rio Tinto plans largest solar farm in Canada's North
Rio Tinto (RIO-N) plans to build the largest solar power plant across Canada’s territories at its Yellowknife Diavik diamond mine, featuring over 6,600 bifacial panels generating over 4,200 megawatt-hours of electricity annually.
Teck teams with Norden to reduce carbon emissions
Vancouver's Teck Resources (TECK-B-T) is working with Norden to reduce CO2 emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25 per cent.
Canadian Solar to supply storage products in Arizona
Canadian Solar (CSIQ-Q) said it will supply 1,200 megawatt hours of energy storage products to a project in Arizona. Construction is expected to begin in Q3 of 2024, and will be the largest standalone energy storage project in the state.
Canada’s $5B battery plant is looking for employees
A $5 billion electric vehicle (EV) battery plant being constructed in Windsor by a company backed by Netherlands-based automaker Stellantis NV (STLA-N) and South Korea-based LG Energy Solution Ltd. is now well into its hiring process.
ESG bonds top $4 trillion, while U.S. volume dipped
Green and other ESG-related bonds crossed a $4 trillion threshold in the first half of 2023, despite a sharp drop in ones from the United States, London-based global non-profit Climate Bonds Initiative reported this week.
UAE lays groundwork for ‘eye-popping’ climate fund
The United Arab Emirates is considering creating a multibillion-dollar fund to spur clean energy investments across the world that it plans to unveil at this year’s U.N. climate talks in Dubai, according to people familiar with the plan.
U.S. companies keep mum on ESG initiatives
When it comes to what businesses are doing about climate change, corporate leaders would rather not discuss it. As sustainable investing has become a cultural flashpoint in the U.S., the term “ESG” has been practically expunged from the corporate lexicon.
Quebec wants to reduce cars, prefers incentives
The province needs to reduce the number of cars on its roads, but the government does not have a target or date by which to do that, Quebec Premier François Legault said, softening comments made by his energy minister.
B.C., U.K. electric vehicle makers to merge
ElectraMeccanica (SOLO-Q), a B.C.-headquartered company that developed a single-person, three-wheeled, battery electric car, which was recalled and discontinued earlier this year, is merging with private British electric truck-maker Tevva. ElectraMeccanica shareholders would own 23.5 per cent of the company.
Texas approves plan to mandate Tesla EV charger tech
Texas has approved its plan to require companies to include Tesla’s (TSLA-Q) technology in electric vehicle (EV) charging stations to be eligible for federal funds, despite calls for more time to re-engineer and test the connectors.
Mercedes-Benz to offer lower-priced electric SUV
Mercedes-Benz Canada has added another battery-electric SUV to its EV lineup, the EQB 250. With a base MSRP of $59,990, the front-wheel drive EQB 250 is described as a “practical luxury SUV” — a lower-priced companion to the EQB 350.
Climate change is a problem for commercial real estate
Commercial real estate firms face declining valuations and financial pressure to turn their troubles around. On top of this, it turns out climate change may be playing a meaningful, if admittedly secondary, role further stressing the commercial real estate market.
Montrealers throwing out nearly 5% less garbage
In 2022, Montrealers on average produced 441 kilograms of waste, down from 463 kilograms the previous year — a reduction of 4.8 per cent. That includes the garbage sent to landfills, as well as organic waste and curbside recycling collection.
Montreal restaurants struggle with single-use rules
Despite their efforts, major restaurant chains are still struggling to comply with the City of Montreal's regulations prohibiting certain single-use items. Straws, utensils or prohibited plastic glasses are still on the menu at numerous locations.
Lithium Royalty wins court case over Nevada mine
Lithium Royalty (LIRC-T) has won a court battle over a stake in one of the world’s largest lithium projects, Nevada's Thacker Pass mine, setting the stage for a settlement analysts estimate could be worth more than $300 million.
How Cdn. communities can overcome green barriers
QUEST Canada published its newest report, Enabling Low Carbon Energy Projects For Investment, as part of a broader research project that aims to support Canadian communities as they overcome barriers associated with the low-carbon energy transition.
Ground zero in the fight over carbon capture pipelines
The Biden administration is all-in on carbon capture and storage. But the pipelines needed to move the greenhouse gas around – miles and miles of it crisscrossing the country – face stiff local opposition from residents of the U.S. Midwest.
VW driver sets charging world record in Canada
A Volkswagen ID.4 driver has set the Guinness World Record for the fewest number of charging stops in an electric car crossing Canada, travelling over 7,000km from St. John’s to Victoria and making 18 charging stops.
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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