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Alberta's cancelled renewables exceed its power demands: Pembina
Alberta's cancelled renewables exceed its demands: Pembina
Wind, solar and energy storage projects that would have more than met Alberta's average total power demand have been cancelled since the province’s moratorium on renewables, the Pembina Institute reports.
3 PowerBank solar projects receive $1.74M grant
PowerBank Corporation (SUNN-Q) will be using a $1.74-million grant managed by Halifax non-profit Net Zero Atlantic for the development of three community solar projects in Nova Scotia. Toronto-based PowerBank is the lead developer and builder of the projects.
PowerCo poised to start $7B St. Thomas plant build
PowerCo, Volkswagen’s electric battery maker, will soon begin pouring the concrete foundation on which the steel structure of its $7-billion St. Thomas, Ont. plant will rise. It awarded two major construction contracts for the plant on Thursday.
Why Canadian Solar plummeted yesterday
Canadian Solar (CSIQ-Q) faced a double whammy on Thursday. Not only did U.S. President Donald Trump make comments on social media that eviscerated the entire solar sector, but Canadian Solar also delivered an underwhelming Q2 earnings report.
EverGen Q2 revenue falls 34% from last year
EverGen Infrastructure Corp. (EVGN-X) reported Q2 revenue of $2.8 million, a decrease of 34 per cent compared to Q2 2024. Net loss for Q2 increased to $1.9 million, a 123 per cent rise compared to the same quarter last year.
Progressive Planet posts record annual net revenue
Kamloops-based green cement company Progressive Planet (PLAN-X) reported net income of $1.7 million for the fiscal year ended Apr. 30. For the same period last year, the company posted a loss of $392,832.
Stardust Solar Q2 revenue up 21% from Q1
Burnaby-based Stardust Solar Energy Inc. (SUN-X) reported Q2 revenue of $1.21 million, an increase of 21 per cent over Q1. Gross profit for the quarter was $509,000 and operating loss for the period was $985,000.
GreenPower announces proposed share consolidation
Vancouver-based GreenPower Motor Company Inc. (GPV-X) said it intends to complete a consolidation of its issued and outstanding common shares on the basis of one new share for every 10 currently outstanding shares.
Charbone secures water, power for green hydrogen project
Brossard, Que.-based Charbone Hydrogen (CH-X) secured an electrical connection and water supply infrastructure for its flagship green hydrogen project in Sorel-Tracy. For its first phase, it is expected to produce around 400 kilograms of hydrogen per year with electrolysis.
Feds, FCM invest to help communities tackle climate crisis
The federal government and the Federation of Canadian Municipalities (FCM) on Friday announced a $5.2-million investment to support 70 communities with climate adaptation plans, climate-focused asset management strategies, and community-wide climate risk assessments.
OCH breaks ground on all-electric affordable homes
Ottawa Community Housing (OCH) has broken ground on a six-storey, 45-home development. Purpose-built for sustainability, the new building will be fully electric and built to Passive House standards, prioritizing energy efficiency and reduced carbon emissions.
Will regular power cuts soon be part of Canadian summer?
FortisBC has brought in a new wildfire prevention measure allowing the company to switch off power during extremely hot, dry and windy conditions to avoid sparking a fire. These kinds of wildfire policies are rapidly becoming the industry standard.
Costco tire centre goes off-grid with microgrid in Connecticut
Costco, a global membership warehouse retailer known for offering bulk products at discounted prices, has taken another step toward energy independence by adding a microgrid to its Norwalk, Conn. store.
Trump blames renewable energy for rising electricity prices
With electricity prices rising at more than twice the rate of inflation, U.S. President Donald Trump has lashed out at renewable energy sources such as wind and solar power, blaming them for skyrocketing energy costs. Energy experts say otherwise.
China races to build world’s largest solar farm
Chinese officials recently unveiled plans for what they claim will be the world's largest solar farm, spanning an immense 610 square kilometres – roughly the size of Chicago – on the Tibetan plateau.
Space-based solar may replace 80% of wind and solar power
A study shows that space-based solar panels could revolutionize Europe’s energy system by 2050. Researchers found the technology could offset 80 per cent of wind and solar power and provide continuous clean energy, if rapid technological development continues.
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