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Northstar's first commercial shingle recycling facility opens in Calgary

4 days ago

Northstar's first commercial shingle recycling facility opens

Northstar Clean Technologies Inc. (ROOF-X) has opened its Calgary asphalt shingle recycling facility, its first commercial-scale asset, and marked the occasion with the announcement of a five-year service contract with the City of Calgary.

Quebec plastic waste rules push AgriRECUP to record year

A Quebec law that requires agricultural plastic producers to manage their products at the end-of-life propelled non-profit AgriRECUP to a record year for recovery and recycling in 2024. AgriRECUP is the Quebec brand of Cleanfarms.

GoodLeaf to increase capacity, establish R&D site

Vertical farmer GoodLeaf Farms unveiled a $52-million equity financing that will be used to double the production capacity of its sites in Alberta and Quebec, and establish a research centre in Ontario.

Ballard cancels 3 GW Texas fuel cell plant

Burnaby-based company Ballard Power Systems (BLDP-T) has cancelled plans for a three-gigawatt (GW) hydrogen fuel cell plant in Rockwall, Texas. The company has shifted focus toward cost efficiency and optimization within its existing footprint under a wider restructuring program.

Northland Power shares plummet on shock dividend cut

Northland Power Inc. (NPI-T), one of Canada’s leading renewable energy operators, shocked investors with a 40 per cent dividend cut, sending the company’s shares plunging 27 per cent and wiping out virtually all market gains this year.

Canadian Solar sees solar slump, storage surge in Q3

Canadian Solar Inc. (CSIQ-Q) posted lower net revenue in Q3 due to decreased solar module sales, partially offset by increases in the battery storage sector. Net revenue reached US$1.5 billion, down both quarterly and year-over-year.

Tidewater Renewables sees improved results for Q3

Calgary-based Tidewater Renewables Ltd. (LCFS-T) reported a net loss of $1 million in Q3, compared to a net loss of $367 million in Q3 of 2024. Revenue for the quarter was $62 million.

Greenlane Renewables reports order backlog of $33.5M

Vancouver-based Greenlane Renewables Inc. (GRN-T) posted revenue of $11.6 million for the quarter ended Sept. 30. Gross profit for Q3 was $4.3 million and the company reported a sales order backlog of $33.5 million.

Next Hydrogen reports profitable Q3

Mississauga-based Next Hydrogen Solutions Inc. (NXH-X) reported revenue of $2.3 million for Q3, compared to $100,000 in the same period last year. Net income for Q3 was $100,000, compared to a loss of $3.9 million in Q3 2024.

Electra reports net loss of $4.7M for Q3

Toronto-based Electra Battery Materials Corporation (ELBM-X) reported a net loss of $4.7 million for the third quarter, compared to $2.9 million for Q3 2024. As of Sept. 30, the company had a cash balance of $3 million.

Ottawa orders 50 New Flyer clean-diesel buses

OC Transpo, the public transit agency for the City of Ottawa, has placed an order for 50 New Flyer Xcelsior 60-foot clean-diesel articulated buses from New Flyer Industries Canada, a subsidiary of Winnipeg-based NFI Group Inc. (NFI-T).

GreenPower accelerates production of electric school buses

Vancouver-based GreenPower Motor Company Inc. (GP-Q) said it has accelerated production of its all-electric school bus lineup, supported by a financing facility of up to US$18 million, deployable in tranches of up to US$2 million.

Quebec graphite project to be added to fast-track list

Prime Minister Mark Carney is expected to add the North Coast Transmission Line in British Columbia and the Nouveau Monde Graphite (NOU-T) battery project in Quebec to his government’s list of nation-building projects, a source told The Globe and Mail.

Canadian companies quietly making energy transition plans

More large Canadian companies are making plans to operate in a low-carbon economy, but their zeal for trumpeting green accomplishments has waned against the backdrop of regulatory worry, a coalition of domestic and international institutional investors says.

Canada, others vow to build market for lower-emission gas

Canada, the U.K., Japan, Germany, France and other countries on Friday signed a declaration aimed at supporting a global market for natural gas that’s been certified to have lower methane emissions.

CO2 emissions are set to reach a new high this year

Global carbon dioxide (CO2) emissions from fossil fuel use will reach a record high this year, despite countries’ pledges to lower pollution. Emissions are projected to hit 38.1 billion tons, a rise of 1.1 per cent compared to last year.

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