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FirstLight acquires Canadian clean energy company Hydromega
FirstLight acquires Cdn. clean energy company Hydromega
FirstLight Power has reached a deal to acquire Hydromega, the Quebec-based clean energy company with over two gigawatts of wind, solar, storage and hydroelectric projects in its Quebec and Ontario development pipeline.
Canderel launches RNZ building decarbonization service
Montreal-based real estate company Canderel Management Inc. has launched its own decarbonization service for landlords and asset managers, dubbed Road to Net Zero (RNZ). RNZ promises a holistic approach to decarbonization, including real-time optimization and monitoring.
Quebec companies publish decarbonization manifesto
Twenty-four companies from the Quebec Council for Energy Efficient Businesses, including building managers, construction firms, engineering firms and electrical suppliers, have published a Manifesto on decarbonization of buildings in Quebec. The recommendations aim to reduce costs and minimize environmental impacts.
Australian billionaire proposes B.C. green hydrogen hub
Fortescue, founded by Andrew Forrest, has submitted an initial project description and early engagement plan with the British Columbia Environmental Assessment Office proposing the construction of a large-scale green hydrogen and ammonia production facility in Prince George.
Japan to co-operate with Cda. on battery supply chains
Japan plans to sign a memorandum of co-operation on storage battery supply chains with Canada, an industry ministry official said, confirming a report that Tokyo will step up collaboration with Canada in this area.
Nikola to expand dealer sales, service network into Canada
Zero-emissions transportation and energy supply and infrastructure company Nikola Corporation (NKLA-Q) has announced an expansion of its dealer network into Canada for its Class 8 truck sales and service coverage with the addition of ITD Industries Inc.
Vietnam EV maker plans $1.6B Indonesia investment
Vietnamese electric vehicle (EV) maker VinFast Auto (VFS-Q) plans to invest up to $1.6 billion in Indonesia “in the long-term” as it looks to expand in Southeast Asia after entering the U.S. earlier this year.
Airlines face a storm over climate claims
A 2019 campaign by Dutch airline KLM urging customers to “fly responsibly” sparked criticism, and last year environmental activists filed a suit accusing the company of “greenwashing,” or making misleading environmental claims. The case highlights the dilemma airlines currently face.
Why Canada must build faster to reach climate goals
Canada has set ambitious climate targets for the next few decades that will require massive infrastructure investments. Mike Holden, chief economist at the Business Council of Alberta, tells the Financial Post's Down to Business podcast about how to reform the regulatory process to enable this investment.
Brampton sportsplex to get net-zero retrofit
Natural Resources Canada and the Federation of Canadian Municipalities are partnering to invest $10 million for retrofits to the Susan Fennell Sportsplex in Brampton, Ont., through the Green Municipal Fund‘s Community Buildings Retrofit initiative.
Mobile homes: Good climate solution, bad reputation
For some, mobile homes conjure up an image of rusting metal units in weed-choked lots, an unfair stereotype with real consequences. Advocates argue that mobile homes are not only a housing fix but could also help with the climate crisis.
Nestle, Cargill team up on regenerative agriculture
Food giants Nestle (NSRGY) and Cargill have teamed up to take cocoa shells discarded from a chocolate factory and transform them into low-carbon fertilizer. The companies said they were aiming to produce 7,000 tonnes of the product.
Maersk unveils world’s first vessel using green methanol
Maersk's new container ship, ordered in 2021, has two engines: one moved by traditional fuels and another run with green methanol — an alternative component which uses biomass or captured carbon and hydrogen from renewable power.
Startup reduces emissions by burying organic waste
Houston-based Vaulted Deep's approach to carbon removal involves collecting sludgy organic waste such as animal manure, inedible food and pulpy paper and injecting it deep into wells, which can be sequestered for thousands of years.
‘Beginning of the end’ of fossil fuel era coming: IEA
The International Energy Agency (IEA) has projected for the first time that fossil fuel consumption will peak before 2030 and fall into permanent decline as climate policies take effect. However, the forecast downturn is still “nowhere near steep enough.”
The importance of city-level sustainability policies
Urban areas are hotspots for innovation, economic activity and population density, making them significant contributors to greenhouse gas emissions. In this context, sustainable city policies can have far-reaching effects on the broader climate landscape.
California OKs emissions disclosure rules for big business
Major corporations from oil and gas to retail would have to disclose direct greenhouse gas emissions as well as those coming from activities like employee business travel under new legislation, the most sweeping mandate of its kind in the U.S.
Smart thermostats helping Arizona grid ride out brutal heat
In Arizona, utilities have used a counterintuitive tool to help keep the lights on despite the state’s ongoing wave of historic heat — by incentivizing customers to turn down the air conditioning when the power grid is stressed.
Florida adding more solar power than any other state
Florida has long ranked a distant third place in installed solar, but the state connected 2,499 megawatts of solar-generation capacity to the grid during the first half of 2023, beating California's 1,648 megawatts and Texas' 1,292 megawatts.
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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