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2 months ago | 
sustainablebiz.ca | Tyler Choi |Harold von Kursk |David Arkell
Saskatoon-based geothermal energy developer DEEP Earth Energy Production Corp. will be partnering with energy technology firm SLB on a 30-megawatt (MW) geothermal energy project in southeast Saskatchewan. The facility will start with five MW of capacity expected to be operating by mid-2026, with work on adding 25 MW of capacity scheduled to begin once completed. Development is taking place on 97,775-acres of leased land near Estevan.
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2 months ago | 
sustainablebiz.ca | Harold von Kursk |Tyler Choi |David Arkell
Moment Energy is embarking on a new phase in its expansion strategy with the announcement that it will be building the world's first second-life gigafactory in Taylor, Texas, dedicated to repurposing retired electric vehicle (EV) batteries.
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Jan 8, 2025 | 
sustainablebiz.ca | Harold von Kursk |Tyler Choi |Elisa Moscolin
A new report released by Quebec Net Positive (QNP) offers a detailed roadmap that paves the way for small and medium enterprises (SMEs) to accelerate efforts to decarbonize their operations. Manufacturing Realities: Towards a Low-Carbon Economy is the final study issuing from the SMEs in Transition initiative launched two years ago by QNP, a Montreal-based, non-profit think tank.
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Jan 6, 2025 | 
sustainablebiz.ca | Tyler Choi |Harold von Kursk |John Dujay
Solar power will supply around half of the world’s energy by 2035 at current growth rates, U.K.-based academic Andrew Crossland and entrepreneur Andrew Birch predict. It's a trend Birch believes Canada will also follow. The audacious forecast, named the S-Curve, is much more ambitious than many other industry projections and represents the need for a major leap in solar adoption.
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Jan 6, 2025 | 
sustainablebiz.ca | John Dujay |Tyler Choi |Harold von Kursk
A renewable energy developer is betting big on Alberta despite the uncertainty of pending electricity market reforms. Universal Kraft Canada Renewables (UKCR) recently announced it received a credit facility of US$15 million via Crayhill Capital Management to help bring 1.7 gigawatts of solar energy projects online. “There’s no equity contribution involved.
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Dec 2, 2024 | 
sustainablebiz.ca | Tyler Choi |Harold von Kursk
A barrage of bad news hit Canada’s ambitious plans to grow its electric vehicle (EV), battery and supply chain sectors in the latter half of 2024, but it's not all doom on the horizon. In fact, a number of major projects are completing, or continuing to move forward. Investment into the EV supply chain has been a cornerstone of economic policy in recent years in Canada, receiving over $50 billion in federal and provincial support.
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Dec 2, 2024 | 
sustainablebiz.ca | Tyler Choi |Harold von Kursk
Mangrove Lithium has closed a $35-million investment to begin construction of its lithium refinery in Delta, B.C., which will produce materials for electric vehicle (EV) batteries. Construction on the facility, which is scheduled to be operational in late 2025, has already started. It is designed to produce enough battery-grade materials for approximately 25,000 EVs per year.
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Nov 29, 2024 | 
sustainablebiz.ca | Tyler Choi |Harold von Kursk |Neil Sharma |Don Wilcox
The oven in your favourite pizza joint could soon be providing the heating for the business and cutting natural gas consumption, courtesy of Hamilton-based Harvest Systems Inc. Spun out of research from McMaster University in 2018, the company taps into the waste heat from highly inefficient restaurant gas-powered appliances to offset the use of gas-fired hot water equipment.
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Nov 19, 2024 | 
sustainablebiz.ca | Tyler Choi |Harold von Kursk
A pair of surveys have found Canadian businesses, along with the venture capital and private equity spaces, are commonly setting environmental goals but struggling to convert the aspirations into actions. The Montreal-based Business Development Bank of Canada (BDC) found backsliding in climate policies and a lag compared to social and governance matters among the general partners (GPs) surveyed in its 2024 DEI and ESG Portfolio Metrics report.
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Oct 9, 2024 | 
renx.ca | Neil Sharma |Harold von Kursk |Mario Toneguzzi |Evan Duggan
Hazelview Investments is playing a part in trying to alleviate Toronto’s rental housing deficit with a couple of major projects that will deliver over 1,300 rental units to a market desperate for inventory. It will also result in the upgrading of 184 existing apartments.
