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BrainBox expands reach, research under Trane's ownership

1 week ago

BrainBox expands reach, research under Trane's ownership

Montreal-based BrainBox AI is benefitting from access to tens of thousands more potential customers, plus additional resources for its under-construction artificial intelligence (AI) lab in the wake of its acquisition by Trane Technologies.

Feds invest $25M into electric transportation projects

A federal Canadian agency announced over $25 million in funding for projects primarily in Quebec to add public electric vehicle (EV) stations, decarbonize freight transportation and support innovation in the sector.

Brokers prefer built-in sustainability over green add-ons

According to Mark Whiteley, vice-president of commercial insurance at Welland, Ont.-based Billyard Insurance Group, the distinction between new green builds and retrofitted properties is an important one for underwriters, and it increasingly shapes how insurers assess risk.

Money rains down on cleantech firms with an AI story

Green firms in the U.S. have found something of a lifeline in AI after being bogged down by high interest rates, shrinking funding and, more recently, President Donald Trump’s sharp rollback of support.

Northland reports $53M loss in Q2

Northland Power Inc. (NPI-T) reported revenue of $509 million and a net loss of $53 million in Q2, compared to $523 million in revenue and net income of $262 million in the same period last year.

Tidewater Q2 revenue tumbles YoY to $73.6M

Tidewater Renewables Ltd. (LCFS-T)'s Q2 revenue of $73.6 million was a significant downturn from the same period last year. But net income was $13 million, a 165 per cent year-over-year (YoY) improvement from $4.9 million.

Next Hydrogen cuts losses in Q2, holds on to $1.8M in cash

Next Hydrogen Solutions Inc. (NXH-X) reported net and comprehensive loss for the six-month period ended June 30 at $5.9 million, compared to a $7.3-million loss in the same quarter last year. Cash balance stood at $1.8 million.

Greenlane reports $15.1M in Q2 revenue

Greenlane Renewables Inc. (GRN-T) reported Q2 revenue of $15.1 million and a gross profit of $7.2 million. The Vancouver-based renewable natural gas firm ended the quarter with a net and comprehensive income of $1.4 million.

NMG advancing battery material mine, facility to Phase 2

Nouveau Monde Graphite Inc. (NOU-T) advanced its Matawinie Mine and Bécancour Battery Material Plant toward a final investment decision. The company plans to mine and produce active anode materials necessary for lithium-ion batteries in Quebec.

Aduro plans to commission pilot plant in September

London, Ont.-based Aduro Clean Technologies Inc. (ACT-CN) said work on its Hydrochemolytic Technology Next Generation Process Pilot Plant is advancing on schedule, and has planned to start the commissioning program in September.

HPQ starts production of Endura battery cells

HPQ Silicon Inc. (HPQ-X) announced the start of production of the first Endura battery cells, scheduled for delivery to the Montreal-based company by the end of September. The cells have applications for mobility, consumer electronics and communications equipment.

AI fast-tracks climate research

AI is giving some climate research projects — from better weather forecasts to calculating fish populations — a much-needed boost at a time of worsening extreme weather and funding cuts that threaten science in the U.S. and elsewhere.

Banking’s ailing climate coalition loses ground in Europe

The Net-Zero Banking Alliance, an organization dedicated to decarbonizing global finance, may be facing defections by some large European banks with sizeable U.S. exposures. The moves would mirror ones made by Wall Street and the Big Five Canadian banks.

How could the UN climate talks be reformed?

With another round of negotiations looming at COP30 in November, there has been growing discontent with the UN climate process. Figures in climate politics and civil society groups say COPs are in need of an “urgent overhaul.” 

Brazil's plan for COP30 risks becoming logistics mess

With fewer than 100 days to go, Brazil is under fire from countries concerned about a shortage of hotel rooms and soaring accommodation costs in Belém, the host city for COP30 selected for its proximity to the Amazon.

Global plastic talks collapse as negotiations pass deadline

Global talks to develop a landmark treaty to end plastic pollution have once again failed. The UN negotiations were due to end on Thursday but countries continued to negotiate into the night in the hopes of breaking a deadlock.

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