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La Caisse adds $68B to climate investments from 2024 to 2025

2 days ago

La Caisse adds $68B to climate investments

Quebec pension fund La Caisse said its climate investments totalled $226 billion by the end of 2025, pouring in an additional $68 billion from the year prior despite a tough environment for sustainable investing.

Electrification, grants jolt dcbel into Quebec market

dcbel Inc. has entered the Quebec market, introducing its sustainable home energy system to its home province and Canada for the first time. “I think now it was just appropriate,” Marc-André Forget, the CEO of the Montreal-based company, said.

Asahi Kasei postpones Canada battery plant

Asahi Kasei will push back the start-up of its Canada battery materials plant to 2029 or later after Honda Motor deferred its Ontario electric vehicle (EV) plans, Nikkei Asia has reported. Operations were initially targeted for mid-2027.

Aduro reports zero revenue in Q3

London, Ont.-based Aduro Clean Technologies Inc. (ACT-CN) reported revenue of nil in its Q3 ended Feb. 28, compared to $63,399 in the same period a year prior. Loss for the quarter was $1.6 million.

XCF to acquire DevvStream, Southern Energy Renewables

XCF Global, Inc. (SAFX-Q) announced the execution of a definitive agreement to acquire DevvStream Corp. (DEVS-Q) and Southern Energy Renewables Inc. The transaction will combine the companies’ operations in sustainable aviation fuel, green methanol, renewable products, and environmental attribute monetization.

HydroGraph opens Austin HQ for scale-up

HydroGraph Clean Power Inc. (HG-CN) has officially opened a new headquarters in Austin, Texas, where the company plans to centralize executive and operating functions while growing its research, development and production capabilities.

Desjardins, Call2Recycle partner on battery collection

Desjardins Group has entered into an agreement with Call2Recycle, the organization mandated by the Quebec government to operate the province's domestic battery collection and recycling program. Desjardins will become the first financial institution in Quebec to offer this service. 

Clean energy groups call for East-West grid connections

A coalition of clean energy groups is calling on the federal government to connect the country through a grid powered by renewable energy. They say a revamped and expanded clean energy grid will deliver more jobs and improve Canada’s energy independence.

Passive House Canada marks 10 years

Passive House Canada is marking its tenth anniversary by bringing its eighth annual national conference to Vancouver this May – at a time when Canada’s building sector faces mounting pressure to deliver more housing, faster, and at higher performance.

EVs could see rebound amid rising gas prices, rebates

Canadians’ interest in EVs surged after oil prices spiked and the federal government reinstated a consumer rebate worth thousands of dollars per vehicle, according to a new survey released this week by AutoTrader.ca.

Volvo extends electric truck range to 700 km in Europe

Volvo Trucks is pushing deeper into long-haul electrification, unveiling a new extended-range version of its flagship FH Aero Electric capable of travelling up to 700 kilometres on a single charge. 

California may limit EV charging in affordable housing

California requires developers of new multifamily buildings to ensure residents with parking have access to EV charging. In a bid to reduce builder costs, a state lawmaker has introduced a bill that would waive those requirements for affordable housing construction.

How will the Yukon government tackle emissions?

After the Yukon government repealed legislation that aimed to reduce greenhouse gas emissions, experts say climate action shouldn’t fall to the wayside as the territory addresses its strained power grid.

Caterpillar snaps up struggling e-tractor maker Monarch

Caterpillar Inc. (CAT-N) has acquired Monarch Tractor, a self-driving electric tractor startup. Monarch, once hailed as a Tesla-like innovator in the agriculture sector, has faced mounting challenges in scaling its operations, having recently laid off staff. 

Microsoft says its carbon removal program 'has not ended'

Microsoft (MSFT-Q) confirmed in a statement that its carbon removal program will continue to form part of its strategy to achieve its climate goals, countering speculation that the tech giant was halting the program.

Distillery claims 'world first' production of low-carbon whisky

Annandale Distillery, located in the south of Scotland, claims to be the first in the world to use a new environmentally friendly way of producing the heat needed to make whisky.

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