Deep Sky, a Quebec-based carbon removal project developer, has announced a $40 million USD grant commitment from Breakthrough Energy Catalyst. The funds will support the construction of Deep Sky Alpha (formerly Deep Sky Labs) and advance research and testing of direct air capture (DAC) technologies. This milestone marks Catalyst’s first-ever investment in a Canadian project […]
Nouveau Monde Graphite Secures $50M Investment from Canada Growth Fund and Québec
Nouveau Monde Graphite (NMG) has secured a USD $50 million equity investment from the Canada Growth Fund (CGF) and the Government of Québec, through Investissement Québec (IQ). The funding, subject to regulatory approvals, will help advance NMG’s Phase-2 Matawinie Mine and Bécancour Battery Material Plant toward commercial operations. The investment aims to support detailed engineering, […]
CarbiCrete Partners with Meta to Accelerate Cement-Free Concrete Adoption
Montreal’s CarbiCrete, a pioneer in concrete decarbonization, has announced a groundbreaking carbon financing partnership with Meta, aiming to scale its cement-free concrete technology across Canada. The collaboration will facilitate the installation of CarbiCrete’s equipment at Canal Block, an Ontario-based block-maker, and enhance capacity at Patio Drummond, a Quebec facility where CarbiCrete’s technology is already in […]
Canada Invests $152M to Boost Alberta’s Clean Energy Projects
Following the Framework to Build a Green Prairie Economy, Canada this month unveiled more than $150 million in investments targeting clean energy projects across Alberta. The Smart Renewables and Electrification Pathways Program funding was awarded to nine projects this round. These solar, wind, and grid infrastructure projects are expected to displace 760,000 tonnes of harmful […]
Air Canada Purchases Canada’s First Low-Carbon Aviation Fuel
In a major milestone for Canadian aviation and sustainability, Air Canada has become the first airline to purchase low-carbon aviation fuel (LCAF) produced domestically. The fuel, created by Parkland at its Burnaby Refinery, represents a significant step toward reducing aviation sector emissions and fostering a sustainable future. The pilot batch of approximately 101,000 litres of […]
Sustainable Aviation Fuel Could Cut Aviation Emissions by Two-Thirds by 2050
The widespread adoption of sustainable aviation fuel (SAF) could reduce aviation industry emissions by nearly two-thirds by 2050, according to a new report by Cleantech Group. SAF adoption for long-haul flights alone, which make up just 6.2% of all flights, has the potential to eliminate half of the industry’s emissions. However, decarbonizing short- and medium-haul […]
BC Hydro Selects Nine Wind Projects to Power B.C.’s Future
BC Hydro has announced the selection of nine wind energy projects through its 2024 call for power, marking a significant step in expanding British Columbia’s clean energy capacity. These projects, which will generate nearly 5,000 gigawatt hours of electricity annually—enough to power 500,000 homes—will bolster BC Hydro’s supply by 8%. Premier David Eby highlighted the […]
Nano One Secures $18M in Québec Support for Battery Innovation
Nano One Materials Candiac, a subsidiary of cleantech leader Nano One Materials, has received $18 million in funding from the Government of Québec to advance its lithium-ion battery technology. This includes a $15 million loan from the Ministry of the Economy, Innovation and Energy (MEIE) through Investissement Québec and a $3 million grant from the […]
Canadians Demand Action on Electrified Transit to Combat Climate Change
Schneider Electric, a global leader in energy management and automation, has released a new survey highlighting growing public concern over the environmental impact of traditional transit emissions. The findings reveal overwhelming support for electrified transit as a critical step toward sustainability. The survey underscores the urgency of transitioning to greener transportation. An impressive 83% of […]
AI’s Power Surge Challenges Canada’s Electricity Grid
Artificial intelligence (AI) is reshaping economies worldwide, but its rapid growth is presenting significant challenges to Canada’s electricity grid. In a recent report from RBC Thought Leadership, Shaz Merwat highlights the transformative impact of AI on energy demand, the grid’s reliability, and emissions. The Energy-Intensive Reality of AI AI operations, such as OpenAI’s ChatGPT, consume […]