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Growing Deep Sky to commercial-scale is goal of new CEO Alex Petre

1 week ago

Alex Petre looks to grow Deep Sky to commercial-scale

Growing Deep Sky from a small test site in Alberta to multiple industrial-scale facilities in Canada is the daunting task ahead of Alex Petre, the new CEO of the Montreal-based carbon removal company.

CarbiCrete-Isobloc collab 'perfect marriage' of sustainability

A partnership between carbon-negative concrete company CarbiCrete and Quebec-based insulated concrete block producer Isobloc is “a perfect marriage of two sustainable solutions,” according to CarbiCrete’s chief marketing officer Yuri Mytko.

EcoPro pauses construction of battery plant in Quebec

South Korea-based EcoPro BM announced it will suspend construction of its planned battery plant in Becancour, Que. Behind the decision are two factors, neither of which are hard to guess: U.S. tariffs, and slower-than-projected growth in electric vehicle (EV) sales.

Renewable cleanup rules making Alberta less competitive

A report says new cleanup rules for renewable energy sites are hurting the competitiveness of Alberta’s industry. Business Renewables Centre-Canada analyzed the reclamation security requirements for renewables in 27 jurisdictions and found Alberta’s are now the most costly.

NMG receives over $1B in LOIs for project debt financing

Nouveau Monde Graphite Inc. (NMG) (NOU-T) has received letters of interest (LOIs) from targeted capital providers totalling over US$1 billion in potential debt financing support for the Matawinie mine and Bécancour battery material plant integrated graphite projects.

CIB invests in wind project to power hamlet in Nunavut

The Canada Infrastructure Bank (CIB) has reached financial close on its first investment in Nunavut. The $6.7-million loan will result in a one-megawatt wind turbine and a one megawatt-hour energy storage system in the Inuit hamlet of Sanikiluaq.

Danone invests $9M for eco-friendly packaging at Que. facility

Danone Canada has announced a $9-million investment in its Boucherville site, aimed at manufacturing new individual yogurt containers from polyethylene terephthalate resin. The project has a goal of achieving 30 per cent recycled content in the new containers.

BluEarth Renewables announces leadership transition

BluEarth Renewables president and chief executive officer Grant Arnold will be stepping down from his role on July 31, after leading the company for 10 years. Shaun Wrubell, executive vice-president and general counsel, will assume the role of interim president and CEO.

Feds should scrap restrictive EV regulations: GM Canada CEO

Canada should scrap the rule that will require one in five vehicles sold in 2026 to be powered by an electric battery, the head of General Motors Canada (GM-N) said, warning that no traditional automaker is close to that threshold.

Sewage plant hydrogen could power Kelowna's city fleet

Hydrogen from Kelowna's sewage treatment plant could power a big share of the city's municipal vehicle fleet in the years ahead, city councillors heard this week. Currently, the city owns 447 vehicles of all types. 

Tesla hit with downgrades amid fallout from Trump feud

Tesla Inc. (TSLA-Q) was hit with a pair of downgrades on Monday, underscoring mounting concerns on Wall Street about the EV maker’s outlook following last week’s clash between chief executive Elon Musk and U.S. President Donald Trump.

Federal climate adaptation strategy plagued with issues: report

Inconsistent planning, insufficient data and a lack of concrete actions are among the problems plaguing some of Canada’s key environmental efforts and strategies, a series of independent audits has found.

Embodied Carbon Awards recognize 6 B.C. projects

Six B.C. projects were honoured for their “pioneering work” at the Embodied Carbon Awards. The winners include Equilibrium for its work on the Royal BC Museum and Deep Green Developments' coversion of a 117-year-old home into three net-zero dwellings.

OPEC head lashes out at net-zero targets

There is no peak in oil demand on the horizon, the head of the Organization of Petroleum Exporting Countries (OPEC) said at the Global Energy Show Canada in Calgary. Secretary-general Haitham Al Ghais also took aim at net-zero targets.

May 2025 was world’s second-hottest on record

The world experienced the second-warmest May on record this year, a month in which climate change fuelled a record-breaking heatwave in Greenland, scientists from the EU’s Copernicus Climate Change Service said on Wednesday.

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