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DAC protocol an 'important signal': Carbon Removal Canada

1 week ago

DAC protocol an 'important signal': Carbon Removal Canada

By defining what counts as removing and storing carbon from the atmosphere, Canada has sent an "important signal" to the carbon removal industry, according to Na’im Merchant, the executive director of Carbon Removal Canada.

Homes built by Jayman generate 10MW of power in Alberta

Jayman BUILT has crossed a major milestone in Alberta, with the almost 4,000 homes it has constructed in the past seven years capable of generating over 10 megawatts (MW) of electricity.

Feds invest $43.5M in Quebec critical minerals sector

Federal Energy and Natural Resources Minister Jonathan Wilkinson on Thursday announced up to $43.5 million in investments under two funding programs to help advance critical minerals research and infrastructure developments in Quebec.

Black Swan Graphene to up capacity with $6M financing

Black Swan Graphene Inc. (SWAN-X) has announced a non-brokered private placement of units for proceeds of $6 million. The company plans to use the proceeds to increase production in the U.K., hire additional staff and expand distribution channels.

Fast-tracked B.C. wind projects raise transparency questions

The lack of transparency in B.C. with respect to power generation is just one of the concerns being raised in the wake of news the B.C. government is fast-tracking 10 renewable energy projects in B.C., nine of them wind farms.

NEO scaling up silicon anode production to 20 tons per year

Toronto-based NEO Battery Materials Ltd. (NBM-X) has announced a production scale-up of its silicon anode products to 20 tons per year to accommodate increasing demand. The move allows NEO to initiate mass-producibility testing to prepare for factory-level production.

Hypercharge surpasses 5,000 charging ports

Vancouver-based Hypercharge Networks Corp. (HC-X) has surpassed 5,000 charging ports sold across Canada and the United States, an increase of over 78 per cent compared to the three months ended Dec. 31, 2023. 

New Flyer gets order for up to 500 low-, zero-emission buses

New Flyer of America Inc., a subsidiary of Winnipeg-based NFI Group (NFI-T), has announced a contract award for a mix of zero-emission and hybrid buses with the Washington Metropolitan Area Transit Authority. The contract encompasses up to 500 buses.

E-truck maker Nikola nears bankruptcy filing, WSJ reports

Electric-truck maker Nikola (NKLA-Q) is nearing filing for a bankruptcy, the Wall Street Journal reported on Thursday. The company has been struggling to raise funds as it continues to lose hundreds of thousands of dollars for every unit sold.

Volvo will pay Northvolt almost nothing for battery JV stake

Volvo Cars will pay Northvolt almost nothing for its 50 per cent stake in their battery joint venture Novo Energy that it had agreed to acquire, according to the automaker's quarterly report on Thursday.

New 'passports' pave the way for more battery recycling

Volvo's electric SUV, the EX90, carries a “battery passport” – a unique digital identifier listing the provenance, chemical makeup and environmental footprint of its battery. The passport is seen as key to encouraging continued use of a battery or its minerals.

Ford to launch extended-range EVs in 2027

Ford (F-N) plans to introduce extended-range electric vehicles (EVs) across multiple segments, including SUVs and Super Duty trucks, starting in 2027. The decision is in response to market uncertainties and addressing consumer concerns about range and charging infrastructure.

Norway's $1.8T fund hones ESG focus, cuts 49 firms

Norway’s US$1.8-trillion sovereign wealth fund divested from 49 companies last year based on sustainability assessments, down from 86 a year earlier, retaining its focus on ESG in the face of a widespread backlash against the practice.

TPG agrees to acquire Altus Power in $2.2B deal

U.S.-based solar projects developer Altus Power (AMPS-N) has made a definitive agreement to be acquired by the global alternative asset management firm TPG. The all-cash deal values Altus Power at US$2.2 billion.

U.S. retreat sparks new push to save $45B climate deals

Nations including Germany and Japan are working to shore up programs aimed at delivering about US$45 billion to help developing countries abandon fossil fuels as the U.S. pulls back from a leadership role.

CleanMax to build 100MW Amazon-backed wind farm in India

Clean Max Enviro Energy Solutions (CleanMax), will develop a 100-megawatt wind farm in India under a new power purchase agreement with Amazon (AMZN-Q) to serve the power needs of the e-commerce giant's local operations.

Clean energy interests sharpen a different message: money and jobs

Saving the planet is so 2024. Clean energy leaders across the globe are now tailoring their messages to emphasize the greener side of green: wealth-building. It’s an idea that sells far better in the new world of nationalism.

U.S. Army unveils its first hydrogen-powered nanogrid

The U.S. Army Engineer Research and Development Center has unveiled the Army’s first fully self-sufficient hydrogen-powered nanogrid. Developed by Michigan-based Sesame Solar, the nanogrid includes solar panels, an atmospheric water generator and an electrolyzer to split the hydrogen from water.

Starbucks joins Walmart, Sodexo and others to cut food waste

ReFED, an initiative to cut food waste, got a boost this week when Starbucks announced it was joining Walmart, Sodexo and others in becoming a member. Members agree to collect and analyze data about their food waste and pilot solutions. 

The long-term sustainability impacts of the Super Bowl

The NFL hopes Super Bowl LIX – taking place this Sunday – and its sustainability initiatives will have a lasting positive impact on the city of New Orleans in spite of the huge event.

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