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Li-Cycle CEO steps down from board as company seeks buyers
Li-Cycle CEO steps down from board, company seeks buyers
Li-Cycle Holdings Corp.’s (LICYF) CEO and president Ajay Kochhar has stepped down from the board of directors. Kochhar will also vacate those roles as the company seeks buyers for its business or assets.
Recurrent secures $415M credit facility for power production
Recurrent Energy has secured US$415 million in a credit facility geared toward expanding its portfolio of solar and energy storage projects to more markets, as it looks to own electricity-generating assets and sell the energy.
Stantec moves toward net-zero future while staying profitable
Edmonton-based sustainable design, architecture, engineering and environmental consulting firm Stantec Inc. (STN-T) has released its 18th annual sustainability report, showcasing a year of notable achievements.
How prefabrication can shape sustainable construction
GUEST SUBMISSION: According to RBC, Canada will need 5.8 million new houses by 2030. However, if built with current practices, these structures will add up to 18 million tonnes of greenhouse gas emissions to our carbon footprint annually.
Power Sustainable lands $330M for private equity fund
Power Sustainable, Power Corp. of Canada’s climate-focused alternative asset manager, secured US$330 million for a new private equity strategy based on decarbonization, betting that long-term trends will outweigh any current pushback against green technology.
Brookfield Renewable sees Q1 loss, FFO rises
Brookfield Renewable Partners (BEP-UN-T) reported a $197-million (all figures US) loss for Q1, compared to a loss of $120 million in Q1 2024. Funds from operations (FFO) were $315 million for Q1, up seven per cent year-over-year.
HydroGraph announces new Texas production facility
Vancouver-based HydroGraph Clean Power Inc. (HG-CN) has initiated the first stages of planning for a new production facility in Texas. The site will be designed to initially house 15 of HydroGraph’s next-generation Hyperion graphene-producing reactors.
Quebec won’t rescue bankrupt bus maker Lion Electric
Quebec-based electric bus and truck maker Lion Electric (LEVGQ) is unlikely to survive as the province's government turned down an opportunity to put money into the firm. The Quebec government had already lost $177 million on investments in Lion.
Tesla threatens feds with legal action over frozen EV money
Tesla (TSLA-Q) has accused the Canadian government of unlawfully freezing more than $43 million in electric vehicle (EV) rebate payments and threatened legal action if the payments are not resumed “immediately”.
B.C. to end zero-emission vehicle rebate program
B.C. is halting its zero-emission vehicle rebate program this month. The program offers up to $2,000 for plug-in hybrids with a range of less than 85 kilometres and up to $4,000 for battery electric and long-range plug-in hybrids.
Slow-charging EVs could have big benefits
When Julia McNally decided to buy an EV, she came across a lot of articles and ads pushing an apparent must-have accessory — a speedy home charger designed specifically for EVs. But there's a downside to faster charging.
ACEL, Electrified Marina partner on electric boat motors
Vancouver-based ACEL Power has announced a strategic partnership with Virginia's Electrified Marina to amplify the availability of ACEL’s electric outboard motors. The partnership will focus on boats tailored for American recreational users, marinas and tour operators.
What renters can do if landlords don't want to go green
Typically, whenever there is discussion about "greening" homes, it's tailored toward homeowners. But what about the one-third of Canadians who rent? How can they try to make their homes more climate friendly?
Supreme Court refuses to hear youth-led climate policy case
The Supreme Court of Canada on Thursday denied the Ontario government’s request for leave to appeal a lower-court ruling that found its climate plan must comply with the Canadian Charter of Rights and Freedoms.
Alberta launches challenge of clean energy rules
Alberta Premier Danielle Smith announced on Thursday morning the province would challenge the constitutionality of the federal government's clean energy regulations it claimed would see its residents “freeze in the dark”.
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