Sustainable Business News (SBIZ)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@sustainablebiz.ca
Canada: 1-855-569-6300

Arca, Microsoft ink deal to remove 300,000 tonnes of CO2

3 days ago

Arca, Microsoft ink deal to remove 300,000 tonnes of CO2

Arca, a Vancouver-based company behind a process that traps carbon dioxide (CO2) from the atmosphere in mining waste, has signed an offtake agreement with Microsoft to remove 300,000 tonnes of the greenhouse gas over 10 years.

Enurgen's software makes 'solar much more competitive'

Enurgen, an Ottawa-based company, is commercializing a decade of research on the solar energy industry with its software platform that optimizes the performance of utility-scale projects.

SDG plans 4-tower Ontario mass-timber apartment complex

Sustainable Development Group (SDG) is laying the groundwork to develop a 400,000-sq.-ft., four-tower project to deliver over 1,000 housing units in Barrie, Ont. It is to be constructed utilizing components from B.C.-based mass-timber prefabricator Intelligent City

Is Volkswagen's St. Thomas battery plant still viable?

Despite a series of bad auto industry news in recent weeks, Volkswagen says it's all systems go for the company's plans to build a massive electric vehicle (EV) battery plant in St. Thomas, Ont. But, is it still a good idea?

Max Power gets nod for Saskatchewan's first hydrogen well

Max Power Mining Corp. (MAXX-CN) has received the drilling licence for the first of its planned multi-well natural hydrogen drill program in southern Saskatchewan. The well is located in the Lawson area northwest of Moose Jaw.

Northstar reaches processing milestone at Calgary facility

Northstar Clean Technologies Inc. (ROOF-X) said its asphalt shingle reprocessing facility in Calgary is processing over 80 tonnes of shingle feedstock per day. It expects to move the facility to commercial operations with revenue generation expected in the following weeks.

Thermal Energy sees record Q1 order intake

Ottawa-based Thermal Energy International Inc. (TMG-X) said its order intake increased 323 per cent to $11.9 million in the quarter ended Aug. 31, compared to the same period last year. Q1 revenue decreased 19 per cent to $6.9 million.

Stardust Solar achieves first-ever EBITDA-positive quarter

Burnaby-based Stardust Solar Energy Inc. (SUN-X) reported record quarterly results for the three and nine months ended Sept. 30, and its first-ever EBITDA-positive quarter. Q3 revenue reached a record $1.78 million, a 99 per cent increase year-over-year.

Charbone starts construction on green hydrogen facility

Quebec-based Charbone Hydrogen Corporation (CH-X) said civil construction work has officially started at its Sorel-Tracy site. Construction began this week, marking the start of the build phase for Charbone’s first clean ultra-high-purity hydrogen production module in Quebec.

Boralex adds Di Giorgio to board

Montreal-based Boralex Inc. (BLX-T) has added Ted Di Giorgio to its board of directors. Over nearly 35 years at EY, Di Giorgio advised public and private companies across a range of industries, including manufacturing and financial services.

EVs still have a long way to go in rural Canada

Electric vehicles (EVs) make a lot of sense in the city, where they can be easily recharged at home or at any number of fast public chargers. But how about in the more remote areas of Canada?

Too bad Ontario bet so heavily on a battery-driven future

OPINION: Carmakers are going back to the future, embracing gasoline engines at the expense of batteries. The EV bubble is bursting, and that’s bad news for governments, including Ontario’s, that bet fortunes of taxpayers’ money on the EV “revolution.”

CPP sued for failing to protect pensions from climate risk

Four youths from across Canada are suing the Canada Pension Plan Investment Board (CPP Investments) for failing to protect their pensions from climate risk, in what the board is interpreting as an attack on the pension plan itself.

Businesses turn to AI to cut energy use and emissions

Crombie Real Estate Investment Trust is just one Canadian firm turning to artificial intelligence (AI) to cut energy use and advance climate goals. According to Efficiency Canada, spending on energy-efficiency programs was more than $1.5 billion in 2023.

Canada can unlock more corporate investment in renewables

OPINION: Corporate climate commitments are often written off as fine print buried in annual reports, but they represent a powerful force reshaping Canada’s energy landscape. These targets are not aspirational slogans; they are tied to audited disclosures and investor expectations.

Heat is killing more than half a million people a year

Soaring temperatures are killing nearly 550,000 people around the world each year, a death toll that’s climbed more than 20 per cent on a population-adjusted basis since the 1990s, according to The Lancet’s annual report on climate and health.

Industry Events