IKEA Canada recently shared a “significant milestone” with regards to the retailer’s journey toward maximum energy efficiency. The iconic brand was established in Älmhult, Småland in July of 1943 by Ingvar Kamprad, who began his business by fulfilling mail-orders via bicycle. And after 80 years of Swedish heritage, the retailer continues to innovate operations, constantly […]
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Canadian Nuclear Laboratories Startup FFC Secures $20M to Advance Fusion Energy
A joint venture between Canadian Nuclear Laboratories and Kyoto Fusioneering has secured a $20 million loan. Fusion Fuel Cycles announced this month the $20M loan, which hails from the Japan Bank for International Cooperation and MUFG Bank. From design to full operations, FFC aims to provide end-to-end solutions to deliver performance-driven, cost-effective fuel cycle systems. […]
B.C. Climatech Startup Moves Forward with First Carbon Removal Project in Canada
A Vancouver-based carbon dioxide removal specialist has awarded Preliminary Front-End Engineering and Design contacts to technology and engineering suppliers for a “groundbreaking” carbon removal project in Canada. CO280 Solutions says that the project is designed to capture and permanently store over 800,000 tonnes per year of biogenic CO2, beginning in 2029. The resulting carbon removal […]
Montreal’s FeX Energy Secures Seed Round to Pilot Long-Duration Storage Solution
A Montreal-born startup has closed a seed round of financing. FeX Energy, which spun out of McGill University’s Alternative Fuels Lab under Professor Jeffrey Bergthorso, announced this week that it has raised US$3.5M in an oversubscribed round. “Reaching this milestone is a moment of gratitude and celebration,” stated Hayden Smith, chief executive officer of FeX […]
Wind Project in Far North Set to Help Yukon Communities Reduce Reliance on Diesel
Nearly $17 million in funding was this month announced for a wind-powered energy project slated to launch in Canada’s Far North. Natural Resources Canada led the charge, providing over $13 million through its Clean Energy for Rural and Remote Communities program to support the Kluane N’tsi Wind Energy Project, which is situated between the communities […]
Government Invests $3.2M to Support Five Energy Efficiency Projects in Remote Areas
Canada is investing in a skilled workforce for the clean energy sector. Federal minister Tim Hodgson, who heads Energy and Natural Resources, this month announced $3.2 million in funding through the Toward Net-Zero Homes and Communities Program to support five clean energy projects across remote regions in Western and Northern Canada. The initiative promises to […]
Government to Review Unpopular Electric Vehicle Mandate Amid ‘Extreme Pressure’
In August, we reported how Canadians were showing minimal support for federal mandates around electric vehicle regulations in the country. The numbers were not adding up, first of all. For example, British Columbia has the highest rate of electric vehicles on the road—but that still means just 3% of vehicles on the road are electric […]
Canadian Cleantech Unveils Launch of ‘Key Projects’ to Scale Battery Tech Innovation
An Edmonton-based company innovating flow battery technology for energy storage this month announced the launch of multiple “key pilot projects.” Alberta’s Aqua-Cell Energy says the pilots are designed to demonstrate the reliability and scalability of its flow battery systems. As electricity demand increases, mass amounts of energy storage will be needed to support grid infrastructure […]
Foresight Maps Canada’s Hydrogen Technology Value Chain
Foresight Canada has released a new report mapping the country’s hydrogen technology ecosystem, identifying 92 companies active across the value chain and highlighting regional strengths and growth opportunities. The study, Ventures to Value Chains (V2VC): Hydrogen Technology, is part of Foresight’s ongoing initiative to analyze strategically important clean economy sectors. Drawing on data from technology […]
Ontario Gov Boosts Financial Support for Energy Projects Involving Indigenous Parties
Ontario is increasing support for energy projects that involve indigenous organizations and communities, the provincial government recently announced. Specifically, the Province has boosted funding for the Indigenous Energy Support Program by nearly 70% year-over-year to $10 million. The decision is designed to advance “economic reconciliation,” according to minister of energy Stephen Lecce, who believes that […]