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Shell, ATCO to build carbon capture and storage project in Alberta

2 months ago

Shell, ATCO to build Alta. carbon capture and storage project

Shell Canada Products and ATCO EnPower will be partnering on a carbon capture and storage project in Alberta designed to capture approximately 650,000 tonnes of carbon dioxide per year. The project will be located approximately 40 kilometres northeast of Edmonton.

Schneider Electric Canada launches smart buildings division

Schneider Electric Canada has launched a division for smart buildings, where the Mississauga-based company will explore solutions for sustainable buildings using data and technology. The SMART Buildings division is geared toward helping building owners and operators achieve their decarbonization goals.

Anaergia appoints Assaf Onn as acting CEO

Renewable fuel company Anaergia Inc. has tapped Assaf Onn as its new acting chief executive officer, bringing on the former Marny Investissement COO following an investment by the Luxembourg-based firm in April.

Recurrent Energy closes $103M tax credit transfer agreement

Canadian Solar Inc. (CSIQ-Q) subsidiary Recurrent Energy has signed a $103-million US tax credit facilitation agreement with Bank of America for its North Fork Solar Project. The 160-megawatt project, located southwest of Oklahoma City, is now operational.

Full Circle files patent for battery fire extinguishing agent

Toronto-based Full Circle Lithium Corp. (FCLI-X) has filed a patent cooperation treaty (PCT) and U.S. patent application for its FCL-X lithium-ion battery fire-extinguishing agent. The PTC application allows Full Circle to seek protection for FCL-X in most major global markets.

OPG releases Sustainable Finance Framework

Ontario Power Generation (OPG) released its Sustainable Finance Framework Wednesday, replacing OPG's Green Bond Framework (2021). The new framework will permit funding of a broader range of cleantech as well as initiatives to create opportunities for Indigenous communities and businesses.

OEB charging infrastructure installation standards take effect

The Ontario Energy Board (OEB) has mandated all utilities to adopt a standardized procedure for installing and connecting new electric vehicle (EV) charging infrastructure. The new regulations were released in February and came into effect in May.

Quebec's first hydrogen-powered truck is on the road

Harnois Énergies has put the first hydrogen-powered truck on Quebec's roads, according to the company. The truck, built by Nikola Corporation, will operate on various routes in the province, allowing Harnois Énergies to test its performance during real-life conditions.

Why not allow China to build its EVs for Canadians here?

OPINION: Canadian governments have attracted international firms to build a Canadian EV supply chain. Those governments could tap Chinese EV makers BYD, Zhejiang Geely, SAIC Motor or Great Wall Motor to include Canada in their expanding networks of assembly plants.

VW latches onto Rivian in bid to catch up to Tesla

Volkswagen AG is taking another swing in its long struggle to catch up with Tesla Inc. (TSLA-Q), plowing $5 billion US into a tie-up with that company’s closest would-be rival, Rivian Automotive Inc. (RIVN-Q).

Tesla is about to lose its EV market majority in the U.S.

Tesla Inc. is on the verge of losing a key bragging right: outselling all EV competitors in the U.S. combined. In Q1, Tesla’s sales dropped 13 per cent year-over-year while sales rose at six of the 10 biggest EV makers.

Global climate initiative urges Japan to triple renewables

Renewable energy initiative RE100, whose members include Apple Inc., Meta Platforms Inc. and Nike Inc., called on Japan to triple its capacity of clean electricity as the country reviews its national energy strategy. 

Germany’s solar power generation surges to fresh record

German solar power output reached as much as 47,198 megawatts on Tuesday, according to data from the European Energy Exchange AG. German solar generation is set to rise 34 per cent this summer compared with a year earlier.

Australia issues inaugural $7B green bond

Australia has issued its inaugural $7 billion AU green bond, signaling a significant advancement in the country’s sustainable finance market. This bond, aimed at financing projects that support climate change mitigation and adaptation, received substantial global interest.

Lawsuits targeting ‘climate washing’ becoming more frequent

As many as 47 new climate washing cases were filed in 2023 against companies and governments around the globe, according to a new report from the London School of Economics’ Grantham Research Institute on Climate Change and the Environment.

Researchers explore farmers' interests in carbon markets

Soil has long been viewed as one of the most promising frontiers for carbon removal. In particular, "climate-smart" farming techniques — like cover crops and nutrient management — not only improve crop yields, but can sequester carbon in the soil.

Paris built an AC-free Olympic village. Canada will install units anyway

Organizers of the Paris Olympics are planning to make this summer’s Games the greenest ever, but their efforts are being undercut by several national teams, including Canada’s, in one critical area – air conditioning.

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