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SolarBank to expand into energy-efficient data centres

1 month ago

SolarBank to expand into energy-efficient data centres

Toronto-based solar energy developer SolarBank Corporation (SUUN-Q) will be branching into the data centre sector, seeking to develop, own and partner on energy-efficient, carbon-reducing infrastructure in the rapidly growing field.

DAC company Skytree opens N. American HQ in Toronto

Dutch direct air capture (DAC) company Skytree will be planting roots in Toronto as a beachhead for North American expansion, with plans for manufacturing its technology and supporting large commercial projects on the continent.

Humber launches major decarbonization endeavour

Humber Polytechnic is undergoing a drastic remodelling of its heating and cooling systems, pushing it closer to achieving its net-zero target by 2029. Its net-zero goal covers direct (related to Humber’s activities) and indirect emissions from purchases of electricity.

Quebec injects $250M more into Nemaska ​​Lithium

The Quebec government is investing an additional $250 million into Nemaska Lithium, a mining company developing a lithium conversion facility in the province's Bécancour industrial park. Quebec already owns 50 per cent of the company.

Lion Electric Q3 revenue down $50M compared to Q3 2023

Quebec-based medium- and heavy-duty electric vehicle (EV) maker Lion Electric (LEV-T) has reported Q3 results. Revenue was $30.6 million, down $49.7 million compared to Q3 2023. It delivered 89 vehicles, a decrease of 156 compared to Q3 2023.

NFI Group announces Q3 results

Winnipeg-based zero-emission bus maker NFI Group (NFI-T) has released its Q3 results. Quarterly manufacturing segment revenue decreased by $9 million compared to Q3 2023. Manufacturing operations experienced a net loss of $5.8 million in the quarter.

PyroGenesis sees revenue rise in Q3

Montreal-based PyroGenesis Canada Inc. (PYR-T) reported financial results for the quarter ended Sept. 30. Revenue was $4 million, up nine per cent compared to Q3 2023, the company's third straight quarter of year-over-year growth.

Loop Energy completes sale to Teralta

Burnaby-based hydrogen fuel stack manufacturer Loop Energy Inc. has completed is previously announced sale to Chilliwack, B.C.-based Teralta Hydrogen Solutions Inc. Teralta is now the sole holder of Loop's share capital.

Alberta won't require EIA for Pathways Alliance project

Alberta’s energy regulator said it will not require an environmental impact assessment (EIA) of a massive $16.5-billion Pathways Alliance carbon capture and storage project proposed for the oilsands.

Emissions cap puts methane in spotlight

Oil and gas producers who have already made progress on lowering their methane emissions over the last decade say further large-scale reductions will be tougher to deliver. Methane is the second-largest contributor to global warming after carbon dioxide.

Largest emitters make some progress on decarbonization

Canada’s largest industrial emitters are making gradual progress on decarbonization targets, but need to take more aggressive action to align with global efforts aimed at limiting the rise in temperatures, Climate Engagement Canada, a coalition of institutional investors, said.

Let’s stop pretending ‘natural’ gas is good for the environment

OPINION: The environmental implications of liquefied natural gas – and of natural gas itself – are serious and, as a fossil-fuel-producing country, we need an honest conversation about them, writes managing director of the C40 Centre for City Climate Policy David Miller.

N.W.T.'s zero-emission EV corridor takes shape

The N.W.T.'s goal of a zero-emission vehicle corridor is taking shape, thanks to the installation of the first EV charging station in Hay River. Some area residents say the new charging station has them feeling more comfortable about longer drives.

Toronto police to crack down on e-scooters and e-bikes

A total of 16 people have been killed or seriously injured while using a micromobility vehicle such as an e-scooter, e-bike or e-skateboard, so far this year, according to Toronto police.

What Musk's gamble on Trump means for the EV industry

Elon Musk’s high-stakes gamble to support Donald Trump’s U.S. presidential re-election may do more than just boost Tesla’s (TSLA-Q) stock — it could have a positive ripple effect across the entire U.S. EV market.

Trump return likely to slow, not stop, U.S. clean energy boom

Donald Trump's return to power will refocus U.S. energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential election is unlikely to dramatically slow the U.S. renewable energy boom.

California approves bond measure for water, environmental projects

California voters have approved a US$10-billion bond measure to finance water, clean energy and other environmental projects. Proposition 4 allocates funds for water projects that provide safe drinking water, water recycling projects, groundwater storage and flood control.

Coca-Cola and PepsiCo sued (again) over recycling claims

An Oct. 30 civil lawsuit against Coca-Cola (KO-N) and PepsiCo (PEP-Q) filed in Los Angeles County describes plastic as a “public nuisance” and claims the two food and beverage companies bear at least some blame.

Iceland looking to add space solar as renewable energy source

British aerospace company Space Solar, in a collaboration with private climate sustainability company Transition Labs, based in Iceland, have announced an agreement with Reykjavik Energy to build the world's first operational space solar power plant.

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