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Retrofits a 'massive market opportunity' for Subterra following acquisition by Forum

3 days ago

Acquisition by Forum offers retrofit 'opportunity' for Subterra

The acquisition of geothermal utility Subterra Renewables is a “natural fit” for Forum Asset Management, a senior figure from the investment and development firm said. The two companies started their relationship as joint venture partners in 2019.

Rosefellow build to feature sustainability firsts for developer

Developer Rosefellow has its first LEED Gold building in the works, a $200-million project off Highway 13 in Laval, Que. which emphasizes low-carbon design. The company is redeveloping a 1.2-million-square-foot portion of the Méga Centre Notre-Dame mall.

Feds fast-track $2B Nouveau Monde Graphite mine

Prime Minister Mark Carney announced Tuesday that construction is starting on Nouveau Monde Graphite’s (NMG-N) Matawinie mine in Québec just six months after its referral to the Major Projects Office. The company is now advancing Phase 2 of the development.

$600M BESS officially opens in Napanee

One of the largest battery energy storage systems (BESS) in Canada has opened in Napanee, Ont. Valued at $600 million, the site is capable of powering up to 250,000 homes, Ontario Minister of Energy and Mines Stephen Lecce said Tuesday.

Anaergia secures $58M contract with Neogenyx Fuels

Burlington, Ont.-based Anaergia Inc. (ANRG-T), through its subsidiary Anaergia Technologies, has entered into a $58-million contract with Neogenyx Fuels to deploy its proprietary anaerobic digestion technology at a large-scale agricultural facility in the United States.

Charbone, Vema partner to scale Quebec hydrogen supply

Canadian gas producer and distributor Charbone Corporation (CH-X) has entered into a conditional offtake and infrastructure development agreement with U.S. clean energy company Vema Hydrogen to develop a hydrogen production and processing project in Quebec.

Greenlane Renewables reports Q1 revenue of $9.5M

Vancouver-based Greenlane Renewables Inc. (GRN-T) reported revenue of $9.5 million and gross profit of $3.8 million for the first three months of 2026. The company's sales order backlog as of March 31 was $31.5 million. 

Aduro Clean Technologies to list on the TSX

London, Ont.-based Aduro Clean Technologies (ACT-CN) has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX) under the symbol ACT. Aduro expects to delist its common shares from the Canadian Securities Exchange.

Nissan eyes exporting Chinese-made EVs to Canada

Nissan Motor Co. is considering exporting cars built at a joint venture with its Chinese partner to Canada, which is opening up its market to electric vehicles (EVs) made in China. 

EV sales are getting a jolt

Honda may be shelving its plan for an EV production complex in Canada, but demand for EVs is rising. In March, there were roughly 21,500 sales of new zero-emission vehicles, an increase of 75 per cent from a year earlier.

Pursuit launches world’s first electric Ice Explorer in Jasper

Pursuit Attractions and Hospitality, Inc. (PRSU-N) has launched the world’s first electric Ice Explorer in Jasper National Park. The vehicle has the potential to reduce 200 to 300 kilograms of carbon dioxide per day compared to a diesel Ice Explorer.

Alberta-federal pact improves, hobbles Canada climate plan

OPINION: The newly announced Alberta-Canada Memorandum of Understanding slightly improves industrial carbon pricing relative to its current status in Alberta – but goodness, that’s a low bar, according to the Canadian Climate Institute.

Foresight Canada names the nation’s top cleantech leaders

Cleantech accelerator Foresight Canada has announced the winners of the inaugural Canadian Cleantech Awards. Lynch Bus Lines won in the Adopter of the Year category and Ecosystem Supporter of the Year was Cheryl Trudell, climate manager at Imperial Oil.

Google exec says ‘moonshot’ clean energy goal is intact

A senior executive at Alphabet Inc.’s Google said the company isn’t abandoning plans to run its business on carbon-free energy by 2030, even as the buildout of data centres raises questions about the feasibility of such a goal.

McDonald’s warns it will miss 2030 emissions goal

McDonald’s doesn’t expect to reach its science-based target to halve the industrial and energy emissions from its vast supply chain and global franchise network by 2030, citing geopolitics, global supply chains and slow clean energy deployment in certain regions as causes.

Heating and cooling buildings is heating the planet: UN

Buildings spew nearly 40 per cent of the world's planet-warming emissions and the amount is growing, a new UN report says. That's partly because fossil fuels still dominate heating and cooling. The good news is that solutions exist.

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