In recent years, technologies related to energy storage and other distributed energy resources (such as renewable microgrids) have significantly improved and become more economical. Several projects across Canada have already leveraged the declining costs and maturing technology of battery systems to store electricity from the grid or from community-based renewable generation. These trends of decreasing […]
Air Liquide inaugurates the world’s largest low-carbon hydrogen membrane-based production unit in Canada
Air Liquide has completed the construction of the world’s largest PEM (Proton Exchange Membrane) electrolyzer. Supplied with renewable energy, this unit is now producing up to 8.2 tonnes per day of low-carbon hydrogen in Bécancour, Québec. With this large-scale investment, the Group confirms its long-term commitment to the hydrogen energy markets and its ambition to […]
GM Canada reaches $1B tentative deal for electric vehicle manufacturing at Ingersoll CAMI plant
GM Canada says it has reached a tentative agreement with Unifor at CAMI and will invest $1 billion to transform its plant in Ingersoll, Ont., into a commercial electric vehicle manufacturing plant pending member ratification. Large-scale commercial production of BrightDrop EV 600s, an all-electric van, is set to begin next year. BrightDrop is the all-new […]
Canada announces Can$590 mn investment in Ford electric car plant
Prime Minister Justin Trudeau’s government and the province of Ontario announced Thursday investments of Can$295 million (US$223 million) each in a Ford factory billed as the largest electric vehicle plant in North America. poCanada announces Can$590 mn investment in Ford electric car plantOTTAWA: Prime Minister Justin Trudeau’s government and the province of Ontario announced Thursday […]
Alberta could lead Canada in wind energy and solar power by 2025
The appearance of the pandemic, announced by the WHO on March 11, caused a massive drop in the demand for fuels in the world. This situation, coupled with the blazing world war on oil prices between Russia and Saudi Arabia, brought the Canadian oil industry to the brink of bankruptcy, hitting the province of Alberta […]
First grid-scale battery storage project in Alberta, Canada, comes online this month
The first grid-scale battery energy storage project in the Canadian province of Alberta is on-track to go into operation this month, while TransAlta, the company behind the project, has expedited plans to retire a coal plant citing “future market conditions”. TransAlta Corporation, which generates and is engaged in wholesale marketing of electricity, is building the […]
Mexico to reply this week to Canada, EU worries over new electricity rules: minister
MEXICO CITY: Mexico will this week respond to Canadian and European Union concerns about its new electricity regulations, Energy Minister Rocio Nahle said on Monday, adding that the rule changes were designed to guarantee system reliability. Nahle was speaking on Mexican radio. The European Union and Canada on Friday both wrote letters to the […]
Energy dispute deepens between Mexico and foreign allies EU and Canada
In letters that were leaked to Mexican media on Friday, the same day they were sent, the foreign powers said the rules threatened foreign investment in the energy sector. Diplomatic sources confirmed the letters were genuine on Saturday. MEXICO CITY: The European Union and Canada have formally raised concerns to Mexico about rules they say […]
IEEFA update: Who would still fund a new coal power plant in India?
Coal power generation has worn 100% of the COVID-19 power demand drop The coronavirus pandemic and national lockdown has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international finance investing in new, cheaper, and cleaner renewable energy, finds a new IEEFA briefing note out today. Entitled Who […]
ReneSola Power Announces Sale of 6.8 MW of Projects in Canada
STAMFORD, Conn.: ReneSola Ltd (“ReneSola Power” or the “Company”) (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it entered into an agreement to sell a portfolio of operating projects located in Canada to Grasshopper Energy, a global solar developer and asset owner headquartered in Canada.’ The portfolio consists of 15 […]
