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Verretex's Canadian co-founder looks to bring fibreglass upcycling home

2 days ago

Verretex looks to bring fibreglass upcycling to Canada

Verretex, a Swiss startup behind a method of chemically upcycling fibreglass, has a Canadian co-founder with a dream to develop a commercial-scale facility in his home country.

Global's quest for a Canadian graphite supply chain

Global Battery Materials Corp. wants to reopen an Ontario graphite mine and produce anode materials from the ores, creating a North American source of a critical mineral that can be used to make the battery component.

Honda halts plan to build $15B EV plant in Canada: report

Honda Motors will suspend plans to build an electric vehicle (EV) plant in Canada after slow U.S. demand pushed the Japanese automaker “to put hybrids at the centre of its North American strategy,” Nikkei Asia reported on Tuesday.

Moment raises $40M to build second-life battery factory

Vancouver-based battery repurposer Moment Energy has successfully raised a US$40 million-plus Series B round led by fellow Vancouverites Evok Innovations. A majority of the proceeds will be used for Moment Energy’s facilities in both Canada and the U.S.

Electra secures $20M in federal funding for cobalt refinery

Electra Battery Materials (ELBM-X) has signed a binding investment agreement for $20 million in federal funding to finish construction of its cobalt sulphate refinery in Ontario's Temiskaming district. The mechanical completion of the refinery is expected during 2027. 

Ballard Power Systems stock jumps after Q1 loss narrows

Nasdaq shares of Ballard Power Systems Inc. (BLDP-Q) jumped roughly 24 per cent Tuesday, as the Burnaby-based fuel-cell company narrowed its quarterly loss, boosted revenue and reported a positive gross margin — a trio of markers pointing to tighter cost controls. 

PowerBank's first Ontario BESS enters operation

PowerBank Corporation (SUUN-Q) has commissioned its 4.99-megawatt battery energy storage system (BESS) in Cramahe, Ont. Financed by RBC and co-owned with a First Nations partnership, the project is the company’s first operational BESS in Ontario.

Charbone opens its first hub in the United States

Quebec-based ultra-high purity industrial gases company Charbone Corp. (CH-X) has opened its third hub, and first in the United States, in Albany, N.Y. The hub will serve a clientele that includes the semiconductor, artificial intelligence and advanced industrial process sectors.

Surge applies to list on Nasdaq Capital Markets

Vancouver-based Surge Battery Metals Inc. (NILI-X) has submitted an initial application to list its common shares on the Nasdaq Capital Market. The proposed listing remains subject to Nasdaq requirements and regulatory approvals.

Canada should accelerate new energy infra: IEA

Canada needs to accelerate energy infrastructure projects to take advantage of a rare opportunity to significantly increase its exports, the head of the International Energy Agency (IEA) said ahead of a trip to Ottawa.

Alberta pushing for longer roadmap on carbon pricing

Negotiations between Alberta and the federal government that could pave the way for a new oil pipeline are being stymied by disagreement over the speed at which the province must increase its carbon price to $130 a tonne.

Taking a bite out of America's monopoly of our dinner tables

Most of the lettuce Canadians eat travels thousands of kilometres from California fields to our plates. Jay Willmot and Haven Greens have built a $50-million fully automated greenhouse to change that.

Coca-Cola Canada Bottling expands electric truck fleet

Coca-Cola Canada Bottling is expanding its electric truck fleet following a successful pilot that put battery-electric long-haul trucks into service on some of the coldest roads in Canada. The trucks are being added in Quebec City, Montreal and Vancouver.

Tesla semis are about to hit the road

In 2017, Tesla promised to bring an all-electric semitruck to market that would have a longer range and lower cost than its competitors. As of April 29, Tesla says it has finally started high-volume semi production at its Nevada factory.

Chinese truck drivers going electric as gas prices soar

As electric car sales soften in China after years of breakneck growth, electric trucks are taking off, with the emerging industry expected to get a boost from the Iran war.

Microsoft in talks to axe energy pledge

Microsoft is in discussions to shelve one of the industry’s most ambitious clean energy targets as it tries to remove hurdles that could hold it back in the race to power data centres, according to people with knowledge of the matter.

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