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Exro subsidiary Cellex sees bright future in zinc batteries

1 week ago

Exro subsidiary Cellex sees bright future in zinc batteries

Calgary-based Cellex Energy Inc., a division of Exro Technologies Inc. (EXRO-T), is anticipating a future where zinc batteries are pivotal to the energy storage sector, a belief cemented by its membership in the Zinc Battery Initiative

Gov't carbon price had ‘minimal’ effect on inflation, food costs

Carbon pricing — including the federal government’s levy-and-rebate scheme — had a small impact on inflation over the past five years, when the climate policy was responsible for a “small fraction” of the surge in consumer prices, according to a new study. 

Feds proposed $15B incentive plan for green data centres

The federal government has considered making up to $15 billion of federal money available to encourage major Canadian pension funds to invest in data centres for artificial intelligence that are powered by green energy, sources said.

Nano One gets $18M from Que. for cathode production

Cleantech company Nano One Materials Candiac, a subsidiary of Burnaby-based Nano One Materials Corp., has been granted $18 million from the Government of Québec to support its Candiac, Que. lithium-ion battery cathode plant.

Electrovaya reports FY 2024 results

Mississauga-based lithium-ion battery technology company Electrovaya (ELVA-T) reported financial results for its Q4 and fiscal year (FY) ended Sept. 30. Revenue for FY 2024 was US$44.6 million, compared to US$44.1 million for FY 2023.

Wheaton puts out call for mine decarbonization ideas

In September, Vancouver-based Wheaton Precious Metals (WPM-T) announced its $1-million Future of Mining Challenge to help cleantech companies commercialize their technologies. The challenge got responses from 80 companies in 25 countries.

Rogers launches battery-powered internet backup device

Rogers Communications Inc. (RCI-B-T) is launching what it calls Canada’s first home internet backup solution, saying it will allow customers to stay connected when there is a power or network outage.

Geotab's 2025 predictions: AI powers efficient, safer fleets

Oakville, Ont.-based fleet management company Geotab Inc. has released its 2025 industry predictions, spotlighting trends in artificial intelligence (AI), data privacy and fleet sustainability. Geotab sees efficiency shifting the focus of sustainability, and European fleets leading on emissions reduction.

Feds to help train 400 would-be EV sector workers in Windsor

The federal government said it's covering the cost to train up to 400 people who want to land work inside an electric vehicle (EV) battery plant in Windsor. The program focuses on simulation skills through the use of virtual reality.

EV battery life may last 40% longer than expected: study

A new study from the SLAC-Stanford Battery Center suggests EV batteries could last up to 40 per cent longer than previously thought, underscoring how little we really know about this emerging technology.

Lucid in talks with auto brands on partnership: CEO

The head of Lucid Group Inc. (LCID-Q) said the luxury EV company is in talks with multiple automakers about potential partnerships, as it tries to broaden its reach in the market for plug-in cars.

EV driver survey sees owners staying loyal to battery models

Nine in 10 EV owners will stick to a battery-powered model when they trade in their car, mainly due to lower operating costs, according to a survey by the Global EV Drivers Alliance.

Biggest provinces make clean power deals, Alta. slams brakes

Major clean electricity announcements swept through provinces representing three-quarters of Canada’s population this week, as Alberta, the province with by far the highest greenhouse gas emissions, doubled down on a period of uncertainty for renewable energy developers and investors.

Canada unveils 2035 climate goal critics say is weak

Canada released on Thursday what it called an achievable 2035 greenhouse gas reduction target that environmental groups panned as not ambitious enough. The target for 2035 would see emissions slashed by 45 to 50 per cent from 2005 levels.

Climate-vulnerable nations say better credit ratings deserved

Many low-income countries have a low credit rating, if they have one at all. And they are now proposing changes to the rating system as part of global negotiations next year over finance for adapting to climate change.

Biden admin rushes to fund clean energy before his term ends

Under President Joe Biden, the U.S. Department of Energy has doled out US$55 billion in funding for cleantech development, but only US$13 billion of those investments will remain safe under president-elect Donald Trump.

Trump seen as unlikely to stall pace of sustainable debt sales

Wall Street expects borrowers to continue to tap the booming global debt market to fund their sustainability goals, even during Donald Trump’s less ESG-friendly U.S. administration. Sales of green bonds are poised to break the annual record in 2024.

Germany scraps $368M in subsidies for hydrogen projects

Germany abandoned plans to funnel US$368 million into hydrogen projects, putting clean-fuel goals even further from reach. Europe’s biggest economy aims to produce 10 gigawatts of hydrogen by 2030, but studies have shown that to be optimistic.

A guide to countries with corporate climate disclosure mandates

The EU, 10 other countries and California have corporate climate disclosure requirements, with six countries considering enacting mandates. Here's a roundup to help companies comply with global regulations heading into 2025.

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