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Li-Cycle gets upsized $475M U.S. Department of Energy loan facility
Li-Cycle gets upsized $475M U.S. DoE loan facility
Li-Cycle Holdings Corp.’s (LICY-N) loan facility with the U.S. Department of Energy (DoE) has closed at up to $475 million (all figures US), $100 million more than originally announced in February 2023.
AI can be transformative for Cda.'s cleantech industry: EDC
Artificial intelligence (AI) has been touted as a gamechanger for economies, and Canada’s cleantech industry will be no different, according to a report by Crown corporation Export Development Canada (EDC).
Brookfield Renewable announces Q3 results
Brookfield Renewable Partners (BEP-UN-T) today reported financial results for the three and nine months ended Sept. 30. It reported funds from operations of US$278 million in the quarter, representing an 11 per cent increase compared to the prior year.
Innergex reports Q3 results
Longueuil, Que.-based Innergex Renewable Energy Inc. (INE-T) has reported financial results for the quarter ended Sept. 30. Adjusted EBITDA proportionate was $196 million, down three per cent compared to Q3 2023.
Greenlane signs new service contracts, expands int'l reach
Burnaby, B.C.-based Greenlane Renewables Inc. (GRN-T) is signing two new service agreements with an unnamed international energy company for two of its dairy renewable natural gas project sites in the United States.
SolarBank to develop 3.1MW project in Nova Scotia
SolarBank Corp. (SUUN-Q) plans to develop a 3.1-megawatt DC ground-mount solar power project known as the West Petpeswick project on a site in Nova Scotia. The project is expected to power 290 homes.
MAX Power names Mansoor Jan new CEO
Vancouver-based MAX Power Mining Corp. (MAXX-CN) announced that Mansoor Jan, an 18-year mining industry executive with experience in various roles at BHP Australia, BHP Chile and Rio Tinto, has been appointed as its new CEO, effective immediately.
Power Sustainable appoints Delia Cristea new COO
Montreal-based Power Sustainable, a sustainability-focused alternative asset manager, has announced the appointment of Delia Cristea as its new chief operating officer. Cristea is a partner at Power Sustainable and has served as general counsel since its founding in 2020.
SWTCH Energy sets new uptime benchmark
Toronto-based SWTCH Energy said it has achieved a 97.8-per-cent "no-exception" uptime for electric vehicle (EV) chargers across its network. SWTCH communicates with each charger every five seconds to ensure it's online and ready to be used.
EV growth expectations for Trump years being slashed
Slowing EV adoption is likely to accelerate even further as U.S. president-elect Donald Trump delivers on his promise to gut plug-in friendly policies. Automotive forecaster GlobalData cut its outlook for EV market share in the U.S. for 2030 to 28 per cent from 33 per cent.
Canada on track to miss 2030 emissions targets
The federal government promised to reduce greenhouse gas emissions to 40 to 45 per cent below 2005 levels by 2030, but so far it has only fallen seven per cent below 2005 levels, according to federal Environment Commissioner Jerry DeMarco.
Pratt & Whitney to demonstrate hydrogen-powered turboprop
Pratt & Whitney Canada is set to test hydrogen combustion technology on a turboprop engine as part of Canada’s Initiative for Sustainable Aviation Technology. This initiative involves collaboration with Next Hydrogen Solutions Inc., which will develop electrolyzers for hydrogen production infrastructure.
Oil giant BP is killing 18 hydrogen projects
Tucked inside a 32-page earnings report, oil and gas giant BP (BP-N) revealed it was killing 18 early-stage hydrogen projects, a move that could have a chilling effect on the nascent hydrogen industry.
India and Germany agree on green hydrogen roadmap
Germany and India have signed a green hydrogen roadmap on the research and development of hydrogen as an alternative energy source on the sidelines of Germany-India government consultations in New Delhi.
Northvolt CEO says long-term capital needs top $900M
Cash-strapped battery maker Northvolt AB is working on a plan to raise more than US$920 million to continue its operations beyond the immediate horizon, according to its chief executive officer.
These 30 under 30 are leading a green youthquake
From helping build the world’s first carbon-removal-technology validation centre, to turning food waste into mini biodegradable dye factories, the Corporate Knights 2024 30 Under 30 sustainability leaders remind us what it means to challenge the status quo.
Longi plans new solar factory in bet on advanced technology
Leading Chinese solar manufacturer Longi Green Energy Technology Co. announced plans for a new factory in Southwest China, in a bet that continuing to advance technology in the sector will outweigh the risks of adding to an already saturated market.
Global solar capacity hits record 2 terawatts
Global solar capacity has reached a record two terawatts of capacity, with more added in the last two years than the previous 68 combined, exclusive data from the Global Solar Council shared with Reuters showed.
Has the world 'surrendered' to climate change?
In their provocative new book, Overshoot: How the World Surrendered to Climate Breakdown, Swedish academics Andreas Malm and Wim Carton examine how politicians, business leaders and, yes, even some climate scientists have downplayed the imperative to make deep emissions cuts.
Carleton grad student makes renewable energy from beer
Carleton University graduate student Seyedomid Ahmadinejad is working with Ottawa's Dominion Brewery to generate sustainable energy from brewery wastewater. Every one litre of beer produces about ten litres of wastewater, he said.
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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