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QI Materials discovers natural hydrogen reserve in Quebec

1 month ago

QI Materials discovers natural hydrogen reserve in Quebec

A discovery of naturally forming hydrogen in Quebec by Quebec Innovative Materials Corp. (QI Materials) may be among the first in Canada to be tapped into as a source for clean fuel.

MKB raises $145M for third cleantech fund

Montréal-based growth equity firm Mackinnon, Bennett & Company (MKB) has closed $145 million from government investment agencies for its third cleantech fund. Canada Growth Fund, Caisse de dépôt et placement du Québec and Investissement Québec are providing funding.

Report on Northvolt 'gigafactory' raises concerns for Montreal

Concerns are being raised over the environmental impact of Northvolt's under-construction plant near Montreal, following a report on its "gigafactory" in Sweden. The report shows its Swedish plant releases nickel, cobalt and ammonia into the air and a nearby river.

EverGen sees Q2 revenue rise from 'record' RNG production

UPDATED: EverGen Infrastructure Corp.’s (EVGN-X) CFO told an investor call the company's Q2 revenue growth was achieved despite the company being unsuccessful in monetizing carbon credits from its Fraser Valley Biogas facility generated from as early as Q4 2023.

Canada’s hydrogen strategy advances, challenges remain

Canada unveiled its clean hydrogen strategy in 2020 and in May the government highlighted a slew of developments. However, since the original strategy was announced, developers and producers have struggled with uneven definitions of what constitutes clean hydrogen.

Next Hydrogen to install electrolyzer tech in U.S.

Mississauga, Ont.-based Next Hydrogen Solutions (NXH-X), a designer and manufacturer of electrolyzers, was awarded a contract by the University of Minnesota (UMN) for its electrolysis technology to be installed at the UMN West Central Research and Outreach Center.

The dirty secret behind the green hydrogen push

VIDEO: Governments and companies have invested billions of dollars into building the infrastructure and pipelines to eventually transition away from fossil fuels over the next few decades. But green hydrogen may not be the silver bullet for global warming.

Greenlane Renewables CEO resigns

Vancouver-based Greenlane Renewables Inc. (GRN-T) says president and CEI Ian Kane has submitted his resignation, effective immediately. Kane will continue as president for approximately three months. Executive vice-chair Brad Douville will assume the role of CEO.

BMW pulls ahead of Tesla in European EV sales

BMW AG pulled ahead of Tesla Inc. (TSLA-Q) and led Europe’s electric vehicle (EV) market for the first time last month, extending the German carmaker’s strong run of growth as other manufacturers struggle.

Huge EV battery recycling facility comes online in Ohio

On Thursday, Cirba Solutions officially opened its $400-million US expanded battery recycling plan in Lancaster, Ohio — making it the first project of any kind to come online after receiving funding from the Biden administration’s bipartisan infrastructure law.

Which EVs are best to buy used?

The average price for a used EV has dropped about 20 per cent compared to this time last year, according to Edmunds transaction data. Models like the Chevrolet Bolt and Hyundai Ioniq 5 are some of the better options.

‘Battery mineral loop’ can curb demand for critical minerals

Annual demand for critical minerals could reach $770 billion by 2040 if the world meets its climate pledges. But various analyses show how that demand can be reined in with a more circular approach to mineral use and reuse.

Markham net-zero neighbourhood gets cash injection

The Canadian government and the Federation of Canadian Municipalities' Green Municipal Fund have announced an $8.7-million investment to support the development of a geothermal energy system to heat and cool 312 homes in Markham, Ont.

What climate policies work best? A new study has answers

According to a new study out Thursday in the journal Science, countries have managed to slash emissions by putting a price on carbon, but the biggest cuts came by adopting a combination of policies.

A $5B scandal is rocking Germany's carbon credit market

Germany's carbon credit program allows its biggest carbon producers to offset some of their emissions by supporting carbon-reduction projects. However, reports this year show that some projects are misleading in their claims of reducing emissions — and some don't even exist.

TotalEnergies’ ad found ‘misleading’ over sustainability claim

A South African advertising regulator found TotalEnergies SE made a “misleading” claim over its commitment to sustainable development, marking the first time a challenge of this kind has been made in the country.

California achieves 100 days of 100% electricity demand met by renewables

Since March, historic output from solar, wind, hydro and battery storage has fulfilled all of California’s electricity demand nearly every day, for time periods ranging from five minutes to several hours.

China cuts back on new permits for coal as renewables boom

China has hit the brakes on new coal-fired power projects, with just nine gigawatts of coal power permitted by China in the first half of this year, 83 per cent less than the same period in 2023. 

Inside Goodwill’s bid to build a textile recycling powerhouse

Goodwill has found that 60 per cent of the cotton, polyester and polycotton textiles it can’t sell can be turned into new textiles with existing mechanical or chemical recycling technologies. 

Pakistan’s K-Electric set to double the country’s solar capacity

Karachi’s main power utility K-Electric Ltd. plans to nearly double Pakistan’s solar capacity by adding 640 megawatts of clean energy to its portfolio in the next two years, according to a company executive.

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