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Nouveau Monde Graphite secures $297M for Quebec mine

4 days ago

Nouveau Monde Graphite secures $297M for Quebec mine

Nouveau Monde Graphite Inc. (NOU-T) has commitments for US$297 million in investment to develop its Quebec graphite mine, with the aim of meeting high demand for the critical mineral. 

Fondaction, Triodos launch $485M natural capital fund

Montreal-based Fondaction Asset Management and Netherlands-based Triodos Investment Management are launching Value Nature Fund I, a closed-end natural capital fund, with a target size of $485 million. It will focus on transitioning farmland and forests to regenerative, closer-to-nature practices.

GFL Environmental signs deal to buy Secure Waste

GFL Environmental Inc. (GFL-T) has signed a deal to buy Secure Waste Infrastructure Corp. (SES-T) in an agreement that values the company at about $6.4 billion. Secure operates a waste management business in Western Canada and North Dakota.

Electrovaya launches new line of lithium-ion battery systems

Toronto-based Electrovaya Inc. (ELVA-T) has announced the launch of Infinity battery systems for application in walkie pallet jacks. Walkie pallet jacks are widely used in distribution centres, warehouses, manufacturing plants and retail stores.

Industry sounds alarm over Chinese EV 'knock-down' kits

Among the biggest fears over the introduction of Chinese electric vehicles (EVs) into the Canadian market is that Chinese companies could send "knock-down kits," vehicles entirely manufactured in China, but shipped to Canada as a kit for final reassembly.

BC Hydro hailed as Canada’s top EV charging network

With more than 800 EV charging ports and over 160 charging stations across the province, BC Hydro has been recognized to be one of the more progressive and prolific EV charging networks in Canada.

Nissan asks owners to stop charging new Leaf EVs

Nissan is recalling 65 new Leaf EVs in Canada – and asking owners not to charge the battery, and to park it away from structures and other cars – because of a potential short circuit that poses a fire risk.

For EV fleets, the incentives, and paperwork, are real

For fleets and businesses moving toward electrification in Canada, the challenge is no longer limited to choosing the right vehicle or deciding where chargers should go. The real work begins after that, with eligibility rules, filing timelines and documentation.

EV battery replacement fears may not be a problem anymore

The Generational 2025 Battery Performance Index studied over 8,000 EVs from 36 manufacturers to see how long it takes for EV batteries to need replacement in the real world. The general findings? Batteries last longer than was previously believed.

Hydro-Québec launches new wind power call for tenders

To meet the sustained growth in electricity demand, Hydro-Québec has launched a new call for tenders for wind energy procurement. The tender will target five to 10 terawatt-hours, equivalent to 1,500 to 3,000 megawatts of installed capacity.

PowerBank plans BESS hybrid project in New York

Toronto-based clean energy developer PowerBank Corporation (SUUN-Q) said on Monday it had secured a site lease for a five-megawatt solar and battery energy storage system (BESS) in New York state. 

How China supercharged renewable energy

VIDEO: China’s combination of industrial might and artificial intelligence (AI) advancements has driven down the cost of renewable energy to make it cheaper than coal. What could that mean for Canada as it looks to expand grid capacity?

Microsoft pauses carbon removal purchases: reports

Microsoft (MSFT-Q) has indicated to carbon credit suppliers that it is pausing its carbon removal purchases, according to reports by media outlets including Bloomberg and Heatmap. The move could have significant implications on the carbon removal market.

JPMorgan signs 10-year biomass carbon removal deal

JPMorgan Chase (JPM-N) has agreed a 10-year deal with carbon removal startup Graphyte to purchase 60,000 tonnes of durable carbon dioxide removal credits generated from the company's U.S. biomass sequestration projects.

U.S. states are struggling to meet their clean energy goals

Nevada’s largest utility is one of many across the U.S. grappling with how to meet the exploding electricity demand for data centres to power AI without sacrificing long-term plans to move away from fossil fuels.

An Ohio county banned wind, solar. Will voters reverse it?

Last July, Ohio's Richland County banned large-scale wind and solar projects in 11 of its 18 townships. Now, residents have a rare opportunity: they get to vote directly on the future of renewable energy in their area.

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