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Lion Electric considers its options, including potential sale
Lion Electric considers its options, including potential sale
Financially troubled Quebec-based electric vehicle (EV) producer Lion Electric Company (LEV-T) says it is considering all options to continue operations, including a sale of the business. Lion Electric reported a net loss of US$33.9 million in Q3.
VadiMAP builds decarbonization paths for building owners
Montreal-based VadiMAP aims to ease the process of energy audits for buildings, using its artificial intelligence-assisted software to calculate the best decarbonization path at a lower cost. VadiMAP’s technology identifies a building's energy efficiency and renewables potential.
Companies struggle to make climate goals a reality: surveys
A pair of surveys have found Canadian businesses, along with the venture capital and private equity space, are commonly setting environmental goals, but struggle to convert those aspirations into actions.
Cdn. pension funds exposed as Northvolt struggles to survive
Several Canadian pension funds have sizable financial exposure in the event of a bankruptcy filing by Swedish battery maker Northvolt AB. The fate of Northvolt's $7-billion factory planned for Quebec has yet to be decided.
EDF, Abraxas to partner on Exploits Valley project
Renewable energy developer Abraxas Power Corp. and French electric utility EDF Group have entered into strategic development agreements to jointly develop the Exploits Valley Renewable Energy Corporation green hydrogen and ammonia project in central Newfoundland.
PyroGenesis signs contract with multinational steel maker
Montreal-based PyroGenesis Inc. (PYR-T) has signed a contract with one of the world's three largest steelmakers to assess the applicability of PyroGenesis’ fully electric plasma torches for use in the customer’s electric arc furnace steelmaking and casting process.
EVLO to provide Dominion with safety enhanced BESS
Hydro-Quebec subsidiary and battery energy storage systems (BESS) provider EVLO Energy Storage, and Richmond, Va.-based Dominion Energy will develop a BESS with enhanced safety features. The systems will be deployed across three large-scale projects in the Commonwealth of Virginia.
GHGSat releases first photo from carbon-tracking satellite
Montreal-based GHGSat Inc. uses satellite-borne detectors to measure greenhouse gas emissions from sources on Earth. The first publicly released image from its Vanguard satellite shows a plume of carbon dioxide streaming from a power plant.
Bécancour port expansion to serve battery sector
The Québec and federal governments have announced investments of $164 million each to help build a new wharf, expand two others, add new infrastructure and expand storage areas at the port of Bécancour, key to the province's battery sector.
Quebec to ban natural gas heating in homes by 2040
Environmental groups are praising Quebec's plan to ban fossil-fuel-based natural gas heating in homes by 2040 in an effort to significantly reduce greenhouse gas emissions. But making the switch won't be easy.
Quebec businesses slow to make low-carbon transition
Even though half of them are already suffering the effects of climate change, Quebec businesses are slow to make the necessary transition to a low-carbon economy for financial reasons, according to the most recent report from Québec Net Positif.
Deconstruction could cure the waste of demolishing buildings
Deconstruction may seem slow and costly compared to just knocking something down. But there's growing interest from building owners and the construction industry in taking a more careful approach, cutting waste and emissions, and giving new life to old materials.
Hydrogen wildcatters are betting big on Kansas
Finding natural hydrogen in Kansas in vast quantities would revolutionize the energy transition. But the hunt is clean energy wildcatting, with a real possibility of failure — and the added risk of diverting limited climate venture capital.
The clock is ticking for cheap EV leases in the U.S.
If the incoming Trump administration eliminates US$7,500 federal tax credits for EVs, it would mean the end of popular leases that allow U.S. consumers to sidestep restrictions on which EV models qualify for incentives.
BlackRock, Block fund major SAF deal
BlackRock Inc., Block Inc. (SQ-N), Samsara Inc. (IOT-N) and Ripple are participating in the Sustainable Aviation Buyers Alliance and buying certificates as part of the group’s US$200 million in sustainable aviation fuel (SAF) deals.
G20 leaders turn focus to climate change at Rio summit
Leaders of the G20 major economies meet on Tuesday to discuss sustainable development and the transition to cleaner energy, as they aim to increase the odds of a successful deal to address global warming at UN climate talks in Azerbaijan.
Sports teams and their venues are cutting their carbon footprints
TD Place, home to the CFL’s Ottawa Redblacks, is one of the few sports venues in Canada partnering with local transit authorities to offer free bus and train rides up to three hours before and after events.
Move over, data centres, steel mills need lots of clean power too.
A recent report by the Clean Energy Buyers Association (CEBA) quantifies just how much carbon-free power the U.S. steel industry might need to make the transition to clean energy. CEBA put the number at 174 terawatt-hours per year by 2050.
New Delhi closes schools, bans construction as air pollution hits season high
Authorities in India’s capital shut schools, halted construction and banned non-essential trucks from entering the city on Monday after air pollution shot up to its worst level this season. Visibility was so low that airlines warned of delays.
This polyester T-shirt can be recycled forever
This white T-shirt looks as basic as they come. However, it’s in a class apart as the first garment “biorecycled” from other polyester textiles. The prototype tee emerged out of two years of collaboration by France-based startup Carbios.
Industry Events
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Sustainable Finance Forum 2024
Nov 28 2024
to Nov 29 2024
Shaw Centre, Ottawa
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Zero Carbon Building Standards Interactive Workshop
Dec 10 2024
to Dec 12 2025
Online
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FCM’s Sustainable Communities Conference 2025
Feb 10 2025
to Feb 13 2025
Fredericton, NB
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GlobeXchange
Feb 11 2025
to Feb 14 2025
Sheraton Centre Toronto Hotel
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BuildGreen Atlantic 2025
Apr 28 2025
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Halifax, NS
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Building Lasting Change
Jun 18 2025
to Jun 20 2025
Vancouver, BC
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