e-Zinc has raised USD $31 million to accelerate product development and complete the construction of its 42,000 sq. ft pilot manufacturing facility in Mississauga. Based in Toronto, e-Zinc is a zinc-air battery company. The company’s energy storage system can be up to 80 percent less expensive than comparable lithium-ion systems for long-duration applications. Importantly, e-Zinc’s energy […]
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ClearSky Raises US$168 Million To Deploy Low Carbon Alternative Fuels Across North America
Calgary’s ClearSky Global has raised USD $168 million from a private international ESG investment group, facilitated by Tailwind Ventures as financial advisor. The financing represents the 5th largest early-stage venture capital raise in the clean fuels space globally. ClearSky plans to use the funding to deploy ECOGY® technology to produce high-quality, low-carbon, and economically viable aviation and transportation fuel. […]
Shell Canada Greenlights Major Carbon Capture Projects Polaris and Atlas to Reduce Emissions by 2028
Shell Canada Products today announced the Final Investment Decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta. Polaris is designed to capture approximately 650,000 tonnes of CO2 annually from the Shell-owned Scotford refinery and chemicals complex near Edmonton. In addition to the Polaris FID, Shell today announced […]
Canada Launches First Innovation Call for Wildfire Technologies
With wildfire frequency, size and intensity growing annually, effective wildfire management is imperative. This month the B.C. Centre for Innovation and Clean Energy (CICE) is launching Canada’s first call for innovation focused on wildfire technologies. Up to $3 million in non-dilutive investment will be awarded to innovators across British Columbia that are commercializing technology at scale […]
Canada Introduces $93 Billion Clean Economy Investment Tax Credits to Propel Net-Zero Future
As countries around the world race to seize the economic opportunities associated with a net-zero future, the Government of Canada is taking bold action to ensure Canadian workers and industry succeed. This week the Government announced Clean Economy Investment Tax Credits (ITCs), representing $93 billion in federal incentives by 2034–35, in hopes of attracting investment, supporting Canadian innovation, creating […]
Neoen Launches Fox Coulee Solar Farm in Alberta, Marking a Milestone in Clean Energy Production
This week France’s Neoen celebrated the launch of its Fox Coulee solar farm, located in Starland County, Alberta. Scheduled for commissioning in the coming weeks with a capacity of 93 MWp, the plant has been producing clean electricity since December 2023 and once fully operational, will produce around 100 GWh of green electricity per year, equivalent to the annual consumption […]
Captus Generation Advances Unique Clean Power Hub Development in Southwest Alberta
Calgary’s Captus Generation is advancing plans to build new, carbon-neutral, gas-fired power generation facilities near Pincher Creek in southern Alberta. The development will supply reliable electricity to Alberta’s grid and potentially support on-site power-consuming businesses such as data centres. Captus Generation is exploring a promising opportunity to repurpose Pincher Creek’s historic depleted natural gas field […]
XPRIZE and CDL Partner for $100M Carbon Removal Challenge to Combat Climate Change
XPRIZE has selected Creative Destruction Lab (CDL) as its strategic partner for the Carbon Removal prize, the ambitious $100 million initiative funded by the Musk Foundation designed to combat climate change by rebalancing Earth’s carbon cycle. XPRIZE Carbon Removal has catalyzed an entirely new carbon dioxide removal (CDR) industry, with over 1,300 teams worldwide having […]
Ballard and Vertiv Partner to Innovate Hydrogen Backup Power for Data Centers
Vancouver’s Ballard Power Systems has partnered with Vertiv to develop backup power solutions for data centers and critical infrastructures Collaborating to demonstrate the technical feasibility of hydrogen-powered fuel cell solutions, Vertiv has successfully integrated Ballard fuel cell power modules with their uninterruptible power system (UPS). “As the soaring increase in data usage is driving up […]
Cleantech Startup Launches Out of UBC with Specialized Carbon Fibre Innovation
Researchers at the University of British Columbia have innovated a method to transform asphaltene, a byproduct of bitumen processing, into carbon fibres. Bitumen from Alberta’s oil sands, typically restricted for use as fuel or asphalt, could now be transformed into more useful and valuable carbon nanofibres, say local experts working on the technology. UBC materials […]