Recent Articles
Jolt gets $194M loan from CIB to ramp up EV chargers in Canada
Jolt gets $194M loan to ramp up EV chargers in Canada
A $194-million loan from the Canada Infrastructure Bank (CIB) to Jolt will support up to 1,500 new electric vehicle (EV) chargers across Canada, helping the Australia-based company meet its goal of having up to 5,000 by 2043.
OPG issues $1B in green bonds
Cedar Leaf Capital, Inc., Canada's first majority Indigenous-owned investment dealer, has joined the syndicate of dealers of Ontario Power Generation (OPG) and served as co-manager on the issuance of $1 billion in green bonds under OPG's Sustainable Finance Framework.
York Region Transit orders 170 clean-diesel buses
New Flyer Industries Canada, a subsidiary of Winnipeg-based NFI Group (NFI-T), has been awarded a contract with Ontario's York Region Transit for 170 Xcelsior clean-diesel transit buses. The buses will be delivered over the next three years.
BC Hydro bans Tesla from EV rebate program
British Columbia is ramping up its response to the trade war with the United States, with BC Hydro banning Tesla (TSLA-Q) products from its EV rebate program and the government tabling legislation to combat the tariff threats.
SolarBank announces new solar project in N.Y. state
SolarBank Corporation (SUUN-Q) has announced its plans to develop a 7.2-megawatt DC ground-mount solar power project known as the Jordan Road, Gainesville project on a site in upstate New York. The project is expected to power 850 homes.
Progressive Planet reports Q3 results
Kamloops-based Progressive Planet Solutions Inc. (PLAN-X) has released its financial results for its third quarter ending on Jan. 31. Revenue for the quarter decreased by one per cent to $4.8 million compared to a year earlier.
EverWind spending $50M on tugboats to reduce emissions
EverWind Fuels said Thursday it is spending $50 million to buy three new fuel-efficient tugboats from a company in the Netherlands to reduce greenhouse gas emissions. It plans to hire 15 new local employees.
IAMGOLD receives $1.48M from feds for green transition
The Côté gold mine in Sudbury, owned by Toronto-based precious metals miner IAMGOLD (IMG-T), is set to receive a boost toward reducing its environmental footprint, thanks to a $1.48-million investment from the federal government’s Low Carbon Economy Fund.
Getting Cda.’s commercial electric corridors up and charging
In the United States, major strides are being made to build electric charging corridors for commercial trucking. Meanwhile, despite Canada seeing another increase in zero-emission truck adoption in 2024, there has not been a similar increase in commercial charging opportunities.
Farmers warn against a sustainable aviation fuel mega project
A global sustainable aviation fuel project may seem like a great way to decarbonize the aviation industry, but the biomass required could increase on-farm emissions and put food systems at risk, the National Farmers Union’s director of climate crisis policy and action said.
NRCan develops new tool for EV sector skilled worker training
The Natural Resources Canada (NRCan) zero-emission vehicle technician training opportunities webpage is part of a larger package of initiatives launched by the federal government to encourage enrolment in the skilled trades, including automotive services.
VW cutting ID.4 production just as U.S. sales are surging
Volkswagen is slashing production in Chattanooga, Tenn., where the ID.4 electric SUV is built. Although the ID.4 was the third top-selling EV in the U.S. earlier this year, the move suggests that may not last long.
Groups call on Carney for climate-aligned financial policy
Ecojustice and Climate Action Network Canada are among 57 organizations that wrote an open letter Thursday calling on Prime Minister Mark Carney to put the fight against climate change at the heart of the country's economic policies and financial systems.
Quebec town to get eco-friendly library
The United Church in Lachute, Que. will be transformed into a green and inclusive building to host the Jean-Marc Belzile Library, thanks to a $5.6-million investment from the federal government.
The U.S. scores own goal in carbon removal game
OPINION: In the competition to develop a carbon dioxide removal industry, the United States seemingly dominated the puck from the opening faceoff while Canada was still lacing up its skates. But rather abruptly, the situation has changed.
Trump admin says it’s ‘terminated’ $20B green bank
The Trump administration has declared it is killing US$20 billion in congressionally appropriated funding for solar power, energy efficiency, EVs and other money-saving and carbon-cutting investments for U.S. companies and low-income communities across the country.
Danish investor raises $13B for renewable energy fund
Copenhagen Infrastructure Partners has raised over US$13 billion for its latest green power fund, making it one of the largest ever investment vehicles dedicated to renewable energy. The fund will invest in projects like wind farms and grid-connected batteries.
Bill Gates' climate group lays off U.S., Europe policy teams
Breakthrough Energy, the climate group funded by Microsoft Corp. co-founder Bill Gates, has laid off dozens of employees in the U.S. and Europe as it pulls back from public policy advocacy work that was a cornerstone of its mission.
Brazil has a $125B plan to make COP30 a rare climate success
Brazil plans to launch an ambitious US$125-billion fund to protect tropical forests when it hosts the COP30 climate summit this November. The investment vehicle is part of a broad strategy to turn the talks into action.
More chance of Elvis speaking than energy transition succeeding: Aramco CEO
Policymakers and energy executives need to rethink energy transition plans and stop doubling down on elements of the transition that have failed, the CEO of state oil giant Saudi Aramco said on Monday.
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