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Magna unveils 'next generation' eDrive powertrain

3 months ago

Magna unveils 'next generation' eDrive powertrain

Magna International (MG-T) is hoping to push the electric vehicle (EV) industry forward with the introduction of its 800V eDrive powertrain. Described as a "next generation solution," the new system delivers gains in efficiency, power-to-weight ratio and torque density.

Net-zero self-storage building a first step for Nicola

Canada’s first net-zero-certified self-storage building is the first step toward a sustainable portfolio for owner and operator Nicola Wealth Management, according to senior development manager Nathan Ma.

Ionomr works to perfect building block of hydrogen economy

The CEO of Vancouver-based Ionomr Innovations Inc. says its ion exchange materials can play a critical role toward laying the foundation for a more sustainable economy in green hydrogen production and use, and in carbon capture technology.

RecycLiCo CEO Zarko Meseldzija to step down

Zarko Meseldzija will step down from his roles as CEO and member of the board of directors of Canadian battery materials recycling company RecycLiCo Battery Materials Inc. (AMY-X) as of Feb. 29, according to a release from the company.

Que. group seeks injunction against Northvolt battery plant

A Quebec environmental group was in court Wednesday against Swedish manufacturer Northvolt, arguing that the province allowed work to begin on the company's EV battery plant without proper analysis of the impact on the area's biodiversity.

Kontrol completes high-temperature dry kiln pilot

Kontrol Technologies (KNR-NE) has completed a successful pilot of its new technology solution for the cement industry and has received an initial order from the pilot customer. Each dry kiln probe has a sale value of approximately US$200,000.

SolarBank executes lease on N.Y. ground-mount site

SolarBank (SUNN-CN) has executed a lease agreement on a site in Nassau, N.Y., with plans to develop a three-megawatt DC ground-mount solar power project, expected to be eligible for incentives under the New York State Energy Research and Development Authority.

Federal gov't, FCM invest $9.3M in net-zero fire station

The federal government and the Federation of Canadian Municipalities (FCM) have announced an investment of $9.3 million through the Green Municipal Fund to construct a new net-zero fire station in Peterborough, Ont.

P.E.I. mayor blames province for loss of $150M plant

The mayor of Kensington, P.E.I. is frustrated that a $150-million renewable diesel plant proposed for the town will not happen, and he's blaming the province. He says SustainAgro is now looking at sites in Ontario or Nova Scotia.

Edmonton, Varme Energy to divert waste from landfill

The City of Edmonton and Varme Energy Inc. have reached an agreement that will enable green electricity and industrial heat generation, while diverting approximately 150,000 tonnes of residential garbage from landfill per year beginning as early as 2027.

Is vertical farming winter’s answer to high-cost produce?

Vertical farming proponents say these farms can supply greens all year to Canadians at prices that compete favourably with foreign-grown products, helping to keep grocery costs stable and making the country less reliant on imported food.

Vail Resorts achieves 100% renewable electricity

Vail Resorts, Inc. (MTN-N), in its 2022/23 Environmental & Social Responsibility Report, says it achieved 100 per cent renewable electricity for the second consecutive year across the company's 37 North American resorts. Vail owns B.C.'s Whistler Blackcomb resort.

Tesla plans to build new electric vehicles in mid-2025

Tesla (TSLA-Q) has told suppliers it wants to start production of a new mass market EV codenamed "Redwood" in mid-2025, according to people familiar with the matter, with two of them describing the model as a compact crossover.

Legacy automakers hitch a ride with Formula E

Legacy automakers playing catch-up with EV leaders like Tesla (TSLA-Q) are leaning on their Formula E electric racing teams for innovations to build better mass-production EVs with greater range and efficiency, or a lower price tag.

What Canada can learn from the EV capital of the world

Norway is well on its way to reaching the goal of ending the sale of gasoline and diesel cars by 2035, with EVs accounting for 82 per cent of all vehicles sold in 2023.

Reusable bags were supposed to help save the environment

Closets and car trunks around Ottawa are overflowing with reusable shopping bags as some shoppers admit they can't remember to bring them back to the store and keep having to buy more. It's a habit one environmental expert calls unsustainable.

Pro and cons of the 'carbon market'

Environmentalists are not enthusiastic about carbon offsets. The first generation offsets were a huge disappointment. Because of stricter certification, credits today are more trustworthy, but it’s still a work in progress.

Challenging the carbon tax scofflaws

OPINION: Saskatchewan Premier Scott Moe's decision to stop collecting the federal carbon tax on home heating bills for his residents, whether motivated by high-minded principles of fairness or good old-fashioned political posturing, deserves more than ridicule. It demands national attention.

Renewable power is crashing Europe's carbon market

Europe’s carbon market is heading for its worst start to a year since 2016, as a rapid expansion in renewables lowers the need for fossil fuels. Benchmark carbon futures have dropped roughly 22 per cent so far in 2024.

Banks asking investors to look past a dreaded ESG metric

The EU's Green Asset Ratio, launched in 2021 with a deadline for 2024, measures the percentage of assets that aligns with the bloc’s list of sustainable business activities. The European Banking Federation says comparing ratios “is just meaningless.” 

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