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Lion Electric selling innovation centre for $50M to lower debt
Lion Electric selling innovation centre for $50M to lower debt
The Lion Electric Company (LEV-T) will be selling its innovation centre in Mirabel, Qué. to the Montréal–Trudeau International Airport for $50 million to pay off debts that have been weighing down the company.
Li-Cycle resumes feasibility study for Portovesme facility
After two years of difficulty and uncertainty, Toronto-based battery recycling company Li-Cycle Holdings Corp. (LICY-N) is emerging from its struggles and has resumed feasibility studies for a planned facility in Portovesme, Italy.
Northvolt seeks to sell electric industrial battery business
Northvolt has held talks with a big industrial company on selling the business that makes electric battery packs for heavy industry, as a lack of funds forces it to try to divest one of its few profitable operations by year-end.
Brookfield Renewable to issue $200M of green hybrid notes
Brookfield Renewable (BEP-UN-T) will issue $200 million of green hybrid notes due March 12, 2055. The notes will finance projects including hydroelectricity, onshore and offshore wind energy, ocean energy technologies and geothermal energy.
How sustainable finance can deliver the future Cdns. want
OPINION: While opinions may diverge on the best climate policy approaches, one truth remains: achieving these goals demands substantial financial investment. And while government action is crucial, relying solely on public spending will not suffice.
Sustainable bond sales hit 11-month low as issuers retreat
Sales of new green, social, sustainability and sustainability-linked bonds around the world totaled about US$60.2 billion last month, compared with US$81.8 billion issued in the same period last year, according to data compiled by Bloomberg.
India outpaces China in green investments
India has outpaced China as a destination for clean technology funding in recent months. Deals worth about US$2.4 billion were completed in Q3, more than four times the value of those in China.
Feds providing over $265M to help Sask. upgrade grid
The federal government says it will be providing Saskatchewan with more than $265 million to help build more renewable power projects, as well as modernize and upgrade the province’s electrical grid.
Lack of high-rise charging stations cutting off access to EVs
Insufficient on-site charging in multi-unit residential buildings has become a significant gap in the electric vehicle (EV) ecosystem. Currently, 72 per cent of EV charging in Canada occurs at home. Workplace and public charging stations make up the balance.
Canada to see small revenue bump from China EV tariffs
Canada can expect to collect about $100 million annually from its new tariffs on Chinese steel, aluminum and EVs, Parliamentary Budget Officer Yves Giroux said in a report Thursday.
Oakville on track for 50 per cent bus electrification by 2026
While the usual grinding rumble of diesel buses going in and out of Oakville Transit's southeastern Ontario building continues, there is a quieter area where careful work is being carried out on 15 shiny, 40-foot-long electric Nova Buses.
GM to sell stake in Michigan EV battery plant to LG Energy
General Motors is selling its stake in an EV battery plant in Lansing, Mich. to South Korean partner LG Energy Solution, recouping about US$1 billion from a facility that will still supply energy cells to the automaker’s EVs.
Why industrial carbon pricing may survive in Canada
The consumer carbon tax is only part of the carbon pricing system. The biggest impact on emissions, according to an independent analysis, has come from putting a price on pollution from big industry.
Total said to near $2.1B deal for renewable firm VSB
France's TotalEnergies SE is close to acquiring VSB Group from private equity firm Partners Group Holding AG in a deal that values the German renewable project developer at about US$2.1 billion, according to people familiar with the matter.
Coca-Cola is dramatically scaling back its plastic promises
Coca-Cola (KO-N) changed its “voluntary environmental goals” this week. It now aims to use 35 to 40 per cent recycled material in its packaging by 2035 — a drastic reduction from its previous goal of 50 per cent by 2030.
Free green power in Sweden is crippling its wind industry
The expansion of thousands of wind turbines in Sweden over the past two decades means there’s so much power that electricity prices are increasingly dipping below zero, and are expected to remain very low for years.
China to set another solar record even as industry struggles
China will install 230 to 260 gigawatts of solar capacity this year, according to the China Photovoltaic Industry Association, topping last year's record of 217 gigawatts, and is an increase from the group’s February forecast of 190 to 220 gigawatts.
Droughts cost the world nearly $445B a year: UN
Droughts cost nearly US$445 billion a year globally, the UN warned this week, at the second day of COP16 on desertification, in a report calling for urgent investment in nature-based solutions, such as reforestation.
How an ancient technology is helping decarbonize maritime shipping
Wind power gets less attention than other methods for decarbonizing maritime shipping, an industry responsible for around three per cent of annual greenhouse gas emissions. But sails offer a relatively cheap and proven option that can be deployed today.
How to make the holidays more sustainable
The holidays can be a maelstrom of impulsive purchases and massive overconsumption. From garlands and groceries to gift wrapping and guest rooms, the goal this holiday season can be carbon footprints while also curbing credit-card debt.
Industry Events
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FCM’s Sustainable Communities Conference 2025
Feb 10 2025
to Feb 13 2025
Fredericton, NB
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GlobeXchange
Feb 11 2025
to Feb 14 2025
Sheraton Centre Toronto Hotel
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BuildGreen Atlantic 2025
Apr 28 2025
to Apr 29 2025
Halifax, NS
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Building Lasting Change
Jun 18 2025
to Jun 20 2025
Vancouver, BC
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