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TransAlta to buy renewables spin-off for $1.4B
TransAlta to buy renewables spin-off for $1.4B
TransAlta Corp. (TA-T) intends to acquire the remaining shares of TransAlta Renewables (RNW-T) it does not already own, for $1.38B, to simplify and strengthen its clean energy strategy. TransAlta owns and operates $10B worth of energy assets.
Li-Metal plans anode commercialization in 2024
Li-Metal Corp.'s new CEO Srini Godavarthy has set out the company's updated priorities, which include a focus on scaling anode production, lithium metal production and continuing to grow industry partnerships.
Saint-Laurent toughens sustainability standards
A series of bylaw revisions covering buildings, transportation and urban agriculture in the Montreal borough of Saint-Laurent are aimed at building a sustainable municipality and honing a competitive advantage for its businesses.
 | Building a Cleaner Canada The aesthetics of mass timberSarah BinghamVice President, Development and Sustainability, Adera |
CPP invests $190M in Dutch hydrogen firm
Canada's biggest pension fund, CPP Investments, has made its first bet on green hydrogen playing a growing role in cutting emissions, with a $190 million investment and the purchase of a majority stake in a three-year-old Dutch firm.
Clean energy platform startup Orennia raises $33M
Calgary data and analytics startup Orennia has raised $33 million in a funding round led by Wellington Management. Its platform provides analytics and insights across the renewables, storage, clean fuels and decarbonization sectors for developers, investors and bankers.
Toronto's CHAR Tech gets $6.6M from ArcelorMittal
Global steel and mining leader ArcelorMittal made the investment through its XCarb Innovation Fund. The funding will be used to accelerate the development and commercialization of CHAR’s technology, which is designed to capture and store carbon dioxide from industrial emissions.
Rabba to install solar panels on distribution centres
GTA grocer Rabba Fine Foods has signed an agreement with Green Integrations to install solar panels on its two distribution centers in Mississauga. Green Integrations will design, engineer, and build the systems, with an expected operation date of November 2023.
Hydro-Québec’s EVLO to build its first U.S. BESS
EVLO operates several battery energy storage system (BESS) projects in Canada and France, but the facility in Vermont, which will have a capacity of 3MW, will be its first in the U.S. It will be EVLO’s third-largest project by capacity.
Exro inks Coil Driver agreement with major automaker
Calgary-based Exro Technologies Inc., a cleantech company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries, has announced an agreement with a major automaker to mutually explore powertrain innovations.
Big batteries likely powered by gas under Ont. grid plan
Weeks after Ontario’s Independent Electricity System Operator triumphantly unveiled the biggest battery storage procurement in Canadian history, questions remain about how much of that storage capacity will be powered by high-emitting natural gas, The Energy Mix has learned.
Canada, Ontario establish auto pact to support EVs
The governments of Canada and Ontario have established an auto pact to secure the Stellantis-LGES and Volkswagen deals and provide joint support for electric vehicle and battery projects. The move will spur further growth across auto manufacturing supply chains.
Alberta commits $60M to province's green transition
Fourteen emissions-reducing initiatives have been selected by Emissions Reduction Alberta (ERA) for a share in $60 million from the province’s carbon tax on large emitters. All funding recipients must report on lessons learned, greenhouse gas reductions and job creation.
Net-zero grid for Alberta by 2035 is possible: Ottawa
Against the backdrop of Alberta's newest solar farm, federal Natural Resources Minister Jonathan Wilkinson said he still believes the province can get its electricity grid to net zero by 2035 – in spite of Premier Danielle Smith's insistence to the contrary.
Demand for biofuels sparks Canadian boom
Canada's biofuel industry is seeing a major uptick in investment spurred on by growing global demand, but the boom times could end as quickly as they began thanks to a new tax credit coming through the U.S. Inflation Reduction Act.
Toronto's Plastic Flux wants to start a revolution
Started in one of the founders' parents backyard, Plastic Flux now collects used packaging, breaks it down and uses the heat from a sheet press to consolidate the recycled plastic into slabs that can be used to create household items.
Calgary co., Adidas to produce C02-embedded shoes
Calgary-based technology company Oco has signed a deal with Adidas that will see the sneaker giant manufacture some of its shoes using ink embedded with captured carbon emissions. Oco is the consumer-facing offshoot of Carbon Upcycling Technologies.
Critical minerals demand soars amid green transition
PwC’s 20th annual mine report, aptly titled The Era of Reinvention, underscores the increasing demand for critical minerals, a trend driven by the global transition to clean energy. It suggests that to remain economically viable, miners must reinvent their operations.
Wind, solar power in Denmark reach 67% share in H1
In the first half of 2023, wind turbines and solar panels in Denmark generated record amount of electricity, accounting for 67 per cent of the country's power consumption, Green Power Denmark said on Saturday based on analysis of Energinet data.
U.S. lead batteries maintain 99% recycling rate
Battery Council International, the leading trade association representing the global battery manufacturing and recycling industry, reports the U.S. lead battery industry continues its recycling rate of 99 per cent – the highest of any consumer product in the U.S.
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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