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Boralex closes $608M financing for 200MW Quebec wind farm

1 year ago

Boralex closes $608M financing for Quebec wind farm

Renewable project developer Boralex Inc. (BLX-T) and Parc éolien Apuiat S.E.C. announced they closed a $608-million financing round led by Desjardins Group for the 200-megawatt Apuiat wind farm on Quebec’s North Shore.

Exro begins Coil Driver production at Calgary facility

Calgary-based Exro Technologies Inc. (EXRO-T) has begun production of its patented Coil Driver electric vehicle inverter at its new 37,000-square-foot manufacturing and assembling facility. The facility boasts what Exro states is the first automotive clean room in Canada.

Alberta opens first lithium extraction pilot project

E3 Lithium (ETL-X), a publicly traded junior resource company headquartered in Calgary, has developed a made-in-Alberta technology that extracts the lithium that occurs naturally within oilfield brines. It plans to pilot its technology over the course of this fall.

Alberta renewable pause leaves companies bewildered

Alberta should lift its pause on renewable energy development approvals because they threaten jobs and could stifle billions of dollars in investment in the province, according to hundreds of letters from individuals, companies, municipalities, Indigenous communities and industry groups.

Enbridge takes 'conservative' path on renewables: exec

Canadian energy infrastructure giant Enbridge says it will invest nearly US$100 million in a new food waste-to-fuel facility south of the border as the company charts a "conservative" course on investing in renewable power.

Van. looks to curb emissions from commercial buildings

Metro Vancouver has set its climate sights on large commercial buildings as it tries to control greenhouse gas (GHG) emissions. They make up two per cent of building stock in the region but account for 35 per cent of GHG emissions.

Vancouver endorses plan for carbon-neutral farming

A road map to protect agricultural land across Metro Vancouver was endorsed by the regional body’s climate action committee, in a move paving the way to protect existing agricultural land and push the sector to be carbon neutral by 2050.

Van. may let gas stations install EV chargers off site

In a report to city council, staff recommend amending a bylaw to allow gas stations with electric vehicle (EV) charging business licences to sell electricity off site at other gas stations or commercial parking areas to encourage more use.

ESA ramps up EV charging safety in Ontario

The Electrical Safety Authority (ESA) conducted a safety blitz in Toronto to assess electric vehicle charger installations and found more than 400 incidents of working without an ESA permit – meaning the installation may not be to code or safe.

Hilton to install up to 20,000 Tesla wall connectors

Hilton (HLT-N) announced that, beginning in early 2024, up to 20,000 Tesla (TSLA-Q) Universal Wall Connectors will be installed at 2,000 hotels in the U.S., Canada and Mexico, making Hilton’s planned charging network the largest of any hospitality company.

Toyota launches Calif. ‘Tri-gen’ biogas-to-H2 system

Toyota’s (TOYOF) Port of Long Beach, Calif. operations are getting greener thanks to the launch of FuelCell Energy’s Tri-gen production system. Tri-gen uses an electrochemical, combustion-free process to convert directed renewable biogas into electricity, hydrogen and usable water.

Microsoft to buy 315,000 tonnes of CO2 removal

Microsoft (MSFT-Q) has signed a multi-year deal to purchase up to 315,000 tonnes of carbon dioxide (CO2) removal from Heirloom, a direct air capture company. The deal is one of the largest carbon dioxide removal deals to date.

Zenobe to grow in U.S., Australia with $1.36B funding

Investors including KKR & Co. are providing more than $1.36 billion of fresh capital to Zenobe Energy Ltd. as the British battery storage and vehicle electrification company looks to expand in North America and Australia.

UN announces ‘climate breakdown’ after record heat

“Climate breakdown has begun,” the UN chief has warned as the World Meteorological Organization (WMO) reported the world experienced its hottest Northern Hemisphere summer on record. The WMO said last month was the hottest recorded August “by a large margin.”

How natural disasters are driving up insurance costs

There’s a catalogue of cascading effects from increasingly common natural disasters that are being seen across Canada, according to experts, creating more uncertainty in the insurance industry, apprehension among real-estate buyers and construction delays and the issuance of building permits.

U.S. cancels remaining oil, gas leases in Arctic Refuge

The Biden administration canceled the seven remaining oil and gas leases in Alaska’s Arctic National Wildlife Refuge, overturning sales held in the Trump administration’s waning days, and proposed stronger protections against development on vast swaths of the National Petroleum Reserve-Alaska.

U.S. solar capacity to expand by 32 GW in 2023: report

The U.S. solar industry expects to add a record 32 gigawatts of production capacity this year, up 53 per cent on new capacity in 2022 and helped by incentives, according to the Solar Energy Industries Association and Wood Mackenzie.

U.K. auction secures no offshore windfarms

No new offshore windfarms will go ahead in the U.K. after the latest government auction, in what critics have called the biggest clean energy policy failure in almost a decade. None of the companies hoping to build took part.

‘E-fuels’ catching on as a way to decarbonize air travel

As the global aviation industry grapples with its rising emissions, one potential solution is gaining favor among investors, fuel producers and the airlines that guzzle billions of gallons of fossil-based kerosene every year: ​“power-to-liquid” fuels.

H2FLY completes first piloted flight of liquid hydrogen plane

H2FLY, a subsidiary of Joby Aviation, announced the world’s first piloted flight of a liquid hydrogen-powered electric aircraft. The flights demonstrate the viability of cryogenically-stored liquid hydrogen instead of gaseous hydrogen, which enables lower tank weights and volume.

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