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Deep retrofits should hit $10 per sq. ft. to hit net-zero goal: report

1 day ago

Deep retrofits should hit $10 per sq. ft. to hit net-zero goal

A report by two green building organizations could provide clarity on how much a deep retrofit would need to cost for Canada's buildings to be on track to net-zero by 2050.

Canadian Solar stock drops on Q4 revenue decline

Canadian Solar Inc. (CSIQ-Q) reported net revenue of $1.2 billion in Q4 (all figures US), a 20 per cent decline from the year prior, as sales of the Kitchener, Ont.-based company’s solar modules and battery energy storage systems slumped.

Managing editor Don Wilcox retires from Squall news

Squall business news has undergone many changes in recent years, and in May we will undergo one more. Don Wilcox will be retiring on May 22, leaving the managing editor's role at RENX, Sustainable Biz Canada and RENX Homes.

Neo Performance reports 2025 revenue of $478.8M

Toronto-based Neo Performance Materials Inc. (NEO-T) reported revenue of $478.8 million for the year ended Dec. 31, 2025, up slightly from $475.8 million in 2024. Operating income for the year was $31.8 million.

Black Swan expands capacity at U.K. graphene facility

Black Swan Graphene Inc. (SWAN-X) has completed its production capacity expansion at its facility in Consett, U.K. The facility now has an annual manufacturing capacity of over 140 tonnes of graphene nanoplatelets, increased from 40 tonnes prior to the expansion.

NEO Battery signs MOU with AROKA

NEO Battery Materials Ltd. (NBM-X) has entered into a technical partnership for high-energy defence batteries for drones and robotics through a memorandum of understanding (MOU) with the Association of the Republic of Korea Army (AROKA).

Banks commit to tracking key climate-financing measure

National Bank (NA-T) and CIBC (CM-T) have committed to measuring how their fossil-fuel financing compares with how much money they direct toward renewable energy, but not to making those numbers public.

EV maker BYD in talks to open Canadian dealerships

Electric vehicle (EV) maker BYD Auto Co. Ltd. is looking at opening dealerships in the Greater Toronto Area, positioning itself to be among the first Chinese automakers to sell in Canada. BYD wants to establish 20 dealerships within a year.

Canada's EV transition turns pragmatic: EY

EY Canada's annual Mobility Consumer Index reveals that Canadians are adopting a more practical approach for their next car purchase. Thirty per cent of potential EV buyers report reconsidering or postponing EV purchase decisions in light of recent geopolitical events.

Taiga expands lineup of electric snowmobiles

Taiga Motors, the Montreal-based, all-electric powersports company, has released a new line of battery-electric snowmobiles with features that make them more useful than just backcountry transport. 

Viking floats out hydrogen-powered cruise ship

Norwegian cruise operator Viking has “floated out” what it calls the world’s first hydrogen-powered cruise ship ahead of its inaugural sailing season. The Viking Libra is equipped with a hybrid diesel-liquid hydrogen fuel cell propulsion system.

Vancouver sees first snowless winter in 43 years

It may finally be safe for Vancouverites to take the winter tires off their vehicles. When the spring equinox occurs on March 20, it will be the first time Vancouver goes snow-free since 1982-83.

European consumers seek out solar, EVs

Consumers in Germany and the U.K. are growing more curious about rooftop solar and EVs as they seek to shield themselves from surging energy prices resulting from the Iran war.

LEGO’s Virginia factory goes big on solar

The LEGO Group is giving its new Virginia factory a major clean energy upgrade. The company plans to build a large on-site solar park at LEGO Manufacturing Virginia. It will also add thousands of rooftop solar panels across the site.

Where in the world is clean energy technology made?

Clean energy is on a tear. In China and India, it’s growing so fast it’s starting to unseat king coal. But who, exactly, is making all of the solar panels, wind turbines, battery packs, and EVs enabling this transition?

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