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EverWind to acquire $1B in wind farms for N.S. facility
EverWind to acquire $1B in wind farms for N.S. facility
EverWind Fuels, a Halifax-based green hydrogen and ammonia fuel project developer, has announced a $1 billion private investment to acquire three wind farms in Nova Scotia totalling almost 530 megawatts of power for its Point Tupper production facility.
Frontier Lithium looks to lead Ontario EV supply chain
Following an earlier announcement that it will be building Ontario's first lithium hydroxide plant, Frontier Lithium has taken the next step by appointing of Gregory Da Re as vice president of corporate development.
Rain Cage to produce carbon-based fullerenes at scale
Rain Cage Carbon Inc. has developed a process to create fullerenes – hollow structures made of interlocking carbon atoms – at scale. Fullerenes are derived from CO2 emissions and can be used in everything from EV batteries to carbon microchips.
Deep Sky seeks to capture carbon from air, water
Deep Sky, a Montreal-headquartered carbon capture startup, plans to apply lessons from its founders’ backgrounds in rapid software scale-up for an ambitious goal to remove carbon from the atmosphere and oceans at an industrial scale.
Lion Electric secures $187M in new financing
Lion Electric intends to use the net proceeds from the financing to fund working capital, strengthen its financial position, and allow it to continue to pursue its growth strategy, including its capacity expansion projects in Mirabel, Que. and Joliet, Ill.
Solar Alliance highlights strong first half of 2023
Solar Alliance's highlights from the first six months of this year include a Letter of Intent to acquire a Canadian solar company, a contracted project backlog that increased to $6.6 million and the achievement of its project ownership target.
Ottawa to change guidelines on fossil fuel tax breaks
Ottawa is set to publish guidelines to dictate when future federal investments can flow to Canadian oil and gas firms. New domestic fossil-fuel projects are only to receive federal funding if they can be squared with Canada’s climate commitments.
Despite efforts, Cda can't match U.S. green subsidies
Canada will continue to lag the United States significantly in government incentives for low-carbon sectors that both countries are courting, even after new policies promised in Ottawa’s most recent budget, according to new research.
Feds funds nine new Alberta solar projects
Nine new solar projects, most of them in Indigenous communities, will add 163 megawatts of generating capacity and 48 MW of battery storage to Alberta’s electricity supply following a $160M grant announced by federal Natural Resources Minister Jonathan Wilkinson.
How will B.C. Hydro meet renewable-energy ambitions?
The province’s announcement that B.C. Hydro will seek a big block of new, renewable electricity generation starting by 2028 to accommodate its green ambitions for electrification represents something of a reversal of recent policy.
B.C. announces details of single-use plastics ban
Starting in December, single-use items such as plastic shopping bags, disposable food service accessories, oxo-degradable plastics and food service packaging made of polystyrene foam, PVC, PVDC, compostable or biodegradable plastics will no longer be allowed to be sold in B.C.
World's first all-electric tugboat now in service in B.C.
HaiSea Marine, a collaboration between the Haisla Nation and Seaspan, welcomed the HaiSea Wamis as it crossed under the Lions Gate Bridge. The Wamis has a total battery capacity of 5,288 kWh — equivalent to running 70 Teslas all day.
More storms could mean higher insurance premiums
More frequent weather events in the national capital region will likely mean higher insurance premiums, but that's an issue faced by communities coast to coast, according to the Insurance Bureau of Canada.
City of Ottawa hits pause on new renewables
Ottawa will temporarily halt new solar, wind, and bioenergy projects as the city redefines zoning for large-scale renewable energy facilities. The pause comes after a motion was tabled in February to place zoning limits on big renewables projects.
ESG still given minimal weight in exec compensation
A growing number of Canada’s largest public companies are using climate or social responsibility goals in their executive compensation plans – although those that do are giving those metrics minimal weight in pay packages.
California shows off new $25M carbon capture tech
A $25M project at a Calpine Corp. power plant near San Francisco will test a technology that could capture 95 per cent of a plant’s carbon emissions, a process California officials say is critical to the state’s climate fight.
As carbon capture heats up, old questions reignite
Government incentives have bolstered the carbon removals sector, but one key question is yet to be answered: should that money be helping heavy industry capture their emissions or uplift technologies that are already low emitters?
U.S. government agencies launch ocean tech fund
Last week, it was announced that the U.S. Department of Commerce and the National Oceanic Atmospheric Administration launched the Ocean-Based Climate Resilience Accelerator program with US$60 million focused on accelerating the blue economy.
Major U.S. utility accelerating its transition to renewables
DTE Energy, one of Michigan’s largest utilities, has pledged to build far more renewable energy. The 20-year plan would spend $11 billion on clean energy construction in Michigan and hasten the closure of DTE’s remaining coal plants.
Retail energy key to affordable clean energy transition: report
A new report from Analysis Group, At the Crossroads: Improving Customer Choice for Products in the U.S. Electricity Sector, finds that consumers in states with restructured energy markets are better off than states still holding onto the monopoly utility model.
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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