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SolarBank CEO stays sunny despite Trump-shaped dark clouds

1 week ago

SolarBank CEO stays sunny despite Trump-shaped clouds

SolarBank Corporation (SUNN-NE) has sunny days ahead, CEO Richard Lu said, as the Toronto-based company looks forward to fulfilling a $1.5-billion project pipeline and prepares for expansion into electric vehicle (EV) charging and data centres.

How local competition could benefit energy consumers

GUEST SUBMISSION: The potential benefits of wider and more open energy competition were recently evidenced when Ontario’s electric grid operator and a local utility decided to set up and test Canada’s first local electricity market.

Cda. EV sales defy narrative, supply chain challenges loom

Canada’s electric vehicle sales continue to climb despite reports of slowing growth, but supply chain bottlenecks could affect long-term manufacturing ambitions. EVs made up 16.5 per cent of all new vehicle registrations in Q3 2024.

InMotion Ventures invests $2M in Cyclic Materials

Cyclic Materials, a Kingston, Ont.-based recycling company building a circular supply chain for rare earth elements and other critical materials, announced a US$2-million investment from InMotion Ventures, the investment arm of Jaguar Land Rover.

Li-Cycle backs Trump's Unleashing American Energy order

Toronto-based lithium-ion battery resource recovery company Li-Cycle Holdings Corp. (LICY-N) expressed its support for key elements in the recently issued executive order titled Unleashing American Energy that U.S. President Donald Trump signed on Jan. 20.

H2O Innovation to install processing facility in Texas

Quebec City-based H2O Innovation Inc. is pairing with the University of Texas at Austin to install a 9,600-square-foot water processing facility on the university campus. The facility will reduce campus potable water usage by 40 per cent.

B.C. penalizes GFL over environmental violations

GFL Environmental Inc., a composting company that serves four million households across Canada and the U.S., has been penalized more than $22,000 for leaking liquid waste into the environment in Squamish, B.C. 

Why some are concerned about N.L. wind energy projects

Numerous wind hydrogen project proposals are popping up across N.L., including EverWind on the Burin Peninsula and EVREC in central Newfoundland. These proposed projects have raised questions and concerns for local residents, with some forming opposition groups.

Canada could be getting a large-scale battery materials plant

Could Canada be in the running for a new battery materials plant? While nothing’s carved in stone, there are signs Vianode, a Norway-based synthetic graphic manufacturer, is looking to build a facility that would have a Canadian flag flying out front.

EVs, clean grid yield over $100B in health benefits: study

Transitioning to emission-free grids and EVs means more health benefits and savings, a University of Toronto study found. Doing so could result in $120 billion to $269 billion in health savings between 2022 and 2050. 

Nikola explores sale, partnerships with cash dwindling

Arizona-based electric and hydrogen-powered semi-truck manufacturer Nikola Corp. is exploring options to stave off a cash crunch, including potentially selling parts or all of the company, according to people familiar with the matter. 

Musk’s politics offer a sales opportunity for rival Polestar

The increasingly active role Elon Musk is playing in global politics is turning off many Tesla Inc. (TSLA-Q) customers and creating an opening for Polestar, the rival EV maker’s chief executive said.

Climate risk score for Canadian real estate in works

In 2024, Zillow began adding climate risk scores to its U.S. real estate listings. A similar system for Canada is in the works, according to Aaron Sutherland, a vice president with the Insurance Bureau of Canada.

Students design tiny, cheap, off-grid homes for others to copy

Built on a trailer bed and estimated to cost between $20,000 and $30,000, the off-grid tiny home designed by engineering students at the University of British Columbia will have a main living area and a bathroom.

Energy company launches ‘Zero Bills’ homes for Scotland

London, U.K.-based Octopus Energy's Zero Bills initiative guarantees homes that incorporate green technologies will not be billed for energy use. Octopus does not charge customers for 10 years because the homes generate more energy than they consume.

Judge dismisses New York City’s lawsuit against Big Oil

A state judge has dismissed a lawsuit filed by New York City seeking to hold Big Oil accountable for alleged greenwashing practices and its role in exacerbating climate change, per a ruling issued last week.

Trump’s plan to roll back green spending sparks industry confusion

U.S. President Donald Trump has unmistakably signalled upon retaking office that he intends to take aim at the Inflation Reduction Act. Less clear is how much of the hundreds of billions in subsidies Trump will actually be able to scrap.

Wendy's beefs up renewables with on-site solar and battery storage

A Wendy’s location in California will soon be pouring Frosty Treats and slinging its classic burgers and fries with electricity generated by a solar-enabled microgrid. SolMicroGrid will deploy, own and operate the solar and on-site battery energy storage systems.

Heat pumps keep widening their lead on gas furnaces

According to shipment data from the U.S. industry trade group Air-Conditioning, Heating, and Refrigeration Institute, Americans bought 37 per cent more air-source heat pumps than the next most popular heating appliance, gas furnaces, during the first 11 months of 2024.

Singapore's green buildings are bringing nature back to the city

In 2009, the Singapore government introduced a mandate for all new buildings to replace the greenery lost on the ground due to development. Architects have been working to incorporate vegetation into the urban landscape — not outward, but upward.

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