A battery metals company based out of British Columbia revealed this week that it has acquired 5,000 acres of land in Canada for a hydrogen project. Cruz Battery Metals says its new South Advocate Hydrogen Project site is strategically situated in Nova Scotia. Targeting the rechargeable battery and renewable energy sectors, Vancouver-based Cruz is focused […]
Search Results for: Nova Scotia
Nova Scotia Cleantech Startup Raises Serious Capital to Advance Energy Project
A Nova Scotian clean energy upstart has secured substantial funding. Halifax-born EverWind Fuels this month raised more than $200M to advance construction of the company’s 650-megawatt onshore wind portfolio and support delivery of the Point Tupper Green Fuels Project. The capital hails from Nuveen Energy Infrastructure Credit, the infrastructure credit investing arm of Nuveen, a […]
Nova Scotia Cleantech Innovator Planetary Wants to Help the Ocean Absorb Carbon
In April, Nova Scotia’s Planetary Technologies won the XPRIZE Carbon Removal XFACTOR Award, receiving $1 million for pioneering work in seawater restoration to combat climate change. The recognition followed a Series A raise of capital in 2024. Planetary’s approach aims to restore the ocean’s natural ability to absorb carbon dioxide attempting to rebalance seawater chemistry. […]
CIB Loans $200M to Support Major Wind Power Project in Nova Scotia
The Canada Infrastructure Bank is loaning more than $200 million to Slate Asset Management and Hamilton Lane in order to support the development of a wind power farm in Nova Scotia. The project, which is eligible for the Clean Technology Investment Tax Credit for up to 30% of capital costs, will see more than 30 […]
Plastics Recycling Innovator Sustane Unveils ‘Significant Milestones’ in Nova Scotia
Sustane Technologies this week announced “significant project milestones.” Sustane’s proprietary technology transforms plastics destined for landfills or incineration into virgin-quality feedstock suitable for use in chemical production. The Nova Scotia company revealed “continued progress toward expanded plastics recycling capacity and operational scale” through advances at its facility in Chester. This includes the delivery of Quebec-based […]
Ocean Startup Project Amplifies Cleantech Companies from Victoria to Nova Scotia
The Ocean Startup Project this week revealed the second round of Canadian cleantech companies selected for Amplify. Amplify is Ocean Startup Project’s collaborative commercialization program for high-potential Canadian ocean technology ventures. The program is designed to close the gap between innovation and commercialization by helping startups validate their solutions with customers and progress toward revenue […]
Nova Scotia’s High Wind Speeds Spur the Creation of Offshore Sites for Clean Energy
Canada’s first four offshore wind energy areas have been designated, the federal government confirmed this week. The four areas, all located in Nova Scotia, mark a “key step to develop an offshore wind industry that will provide long-term energy security and generational economic benefits for Nova Scotians,” according to a statement from the Province. “The […]
Canada Infrastructure Bank Backs $97M Wedgeport Wind Project in Nova Scotia
The Canada Infrastructure Bank and Vancouver-based Elemental Energy have secured a $97 million loan to support their newest energy project, Wedgeport Wind. The Wedgeport Wind project, located in the Municipal District of Argyle, Nova Scotia, will include the construction and installation of 12 Nordex seven-megawatt wind turbines with the capacity to generate up to 84 megawatts […]
Canada Infrastructure Bank Backs $118M Higgins Mountain Wind Project in Nova Scotia
The Canada Infrastructure Bank (CIB) and Vancouver-based Elemental Energy have finalized a $118 million loan for the Higgins Mountain Wind Project, located in Colchester and Cumberland, Nova Scotia. The wind farm will feature 17 turbines capable of generating up to 100 megawatts of electricity, enough to power over 40,000 homes. The site’s strong wind capacity […]
Lafarge Canada and Geocycle Open Canada’s First Low-Carbon Fuel Plant in Nova Scotia
Lafarge Canada and Geocycle Canada alongside Natural Resources Canada (NRCan), have officially opened Canada’s first low-carbon fuel plant. The $10-million facility, located at Lafarge Canada’s Brookfield Cement Plant in Nova Scotia, marks a significant advancement in sustainable construction and clean energy technology. The federal government’s Energy Innovation Program (EIP) contributed $3.53 million to the project, […]