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Charbone, ABB partner to accelerate rollout of modular green hydrogen plants

3 days ago

Charbone, ABB partner on rollout of modular hydrogen plants

Charbone Hydrogen (CH-X) and ABB have signed a memorandum of understanding that will see ABB supply up to 15 modular and standard electrical substations designed to maintain a stable power supply for Charbone's electrolyzer units used to produce green hydrogen.

Frontier progresses toward battery material refinery in Ont.

Frontier Lithium Inc. (FL-X) is making moves toward becoming a major player in the Canadian battery supply chain, highlighted by the purchase of the site for its Thunder Bay refinery and receiving backing from private and public sources.

Greenlane reports improved profitability, reduced net loss

Vancouver-based Greenlane Renewables Inc. (GRN-T) saw improvements in its profitability and net loss in its Q4 and 2024 year-end results compared to the year prior, as it stays bullish on the global prospects of biogas.

Calgary launches hydrogen hub to boost clean energy

Calling it an opportunity they couldn’t ignore, officials from Calgary Economic Development, an energy transition organization, and all three orders of government announced Friday the launch of a new hydrogen hub that aims to accelerate the Calgary region’s hydrogen economy.

Canadian Solar posts wider Q4 loss, reaffirms 2025 outlook

Canadian Solar Inc. (CSIQ-Q) reported Q4 2024 results, with a net revenue decline of 10.6 per cent year-over-year to $1.52 billion, below the consensus of $1.57 billion. Gross profit was $217 million, up two per cent year-over-year.

Sungrow to manufacture Next Hydrogen electrolyzers

Mississauga-based Next Hydrogen (NXH-X) will outsource manufacturing of its electrolyzers to China’s Sungrow Hydrogen from 2026. Next Hydrogen will retain control of its intellectual property and system design while Sungrow will handle large-scale production.

Dizolve unveils new manufacturing facility in N.B.

Dizolve, the first North American manufacturer of environmentally friendly dissolvable laundry and cleaning sheets for household and commercial markets, has announced the opening of its new 72,000-square-foot manufacturing facility in Moncton.

Hypercharge, XCharge partner to deploy GridLink chargers

Texas-based XCharge North America announced a strategic partnership with Vancouver's Hypercharge Networks Corp. (HC-X) to extend its global footprint and bring XCharge’s GridLink chargers to Canada. Hypercharge will distribute the chargers to dealerships and other customers in B.C. and Ontario.

Tesla dropped from Canada’s EV mandate

In a surprising turn of events, electric vehicle (EV) pioneer Tesla (TSLA-Q) has been officially removed from Canada’s ambitious EV mandate. This has sparked a wave of debate and uncertainty among consumers and industry experts alike.

Northvolt bankruptcy trustee hopeful business will continue

Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation of the EV battery maker, while talks with potential buyers proceed. The company filed for bankruptcy in Sweden on March 12.

Chinese EV giant BYD's Q4 profit leaps 73%

Chinese EV maker BYD's net profit leapt 73.1 per cent in Q4 2024 to a record US$2.1 billion, it said on Monday, reaping the rewards of lower prices and higher sales than rivals.

To what extent does an EV help reduce CO2 emissions?

Despite the large amount of information available, controversy remains around the transition to a fleet of EVs. The supporters of gasoline vehicles argue that EVs do not imply an environmental improvement with respect to gas or diesel vehicles.

Climate indicator banks are facing rising pressure to report

As hostility toward climate action ramps up in the U.S. – even as temperatures keep breaking new records – sustainability focused investors are pressing Canada's big banks to more clearly show how they’re making progress.

Tariff pain brings hope of eventual gain for green sectors

The trade war between the U.S. and Canada threatens to throw a wrench into the prospects for decarbonizing both economies — though it may offer some longer-term opportunities for Canada, starting with EVs.

Collapse of German offshore wind subsidies a cautionary tale

Germany's Alpha Venus is being shut down because it is no longer financially viable without massive government subsidies. For Canada, which hopes to use offshore wind to support industries like green hydrogen production, the German experience raises critical questions.

The device throttling the world’s electrified future

When a major fire at a substation caused the power at London's Heathrow Airport to fail late Thursday, the world learned how fragile our infrastructure can be. At the centre of the chaos was a burning electrical transformer.

Apple announces $99M new clean energy fund in China

Apple Inc. (AAPL-Q) said on Monday it will set up a new clean energy fund in China worth US$99.22 million, coinciding with a Beijing visit of its CEO Tim Cook.

How Salesforce got key suppliers to promise emissions cuts

More than half of Salesforce’s most strategic suppliers — based on the amount the software company spends on goods and services — have agreed to cut their greenhouse gas emissions as part of binding provisions in their contracts.

Massachusetts is trying to turn EVs into grid batteries

In Massachusetts, a new pilot project is seeking households, businesses, schools, non-profits and municipal governments to test all of the ways that EVs can help the grid, and will give out free bidirectional chargers to participants.

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