News Briefs
Business developments, technology launches and other news free to view

News Briefs

  • Northland Power acquires DeBu offshore wind project +

    Northland Power has completed the acquisition of the Deutsche Bucht (DeBu) offshore wind project from Highland Group Holdings Ltd. The Read More
  • New shore power system operational in Montreal +

    The City of Montreal is now able to reduce greenhouse gas emissions from cruise ships docked at the Alexandra Pier Read More
  • BioAmber to take full control of Sarnia plant +

    BioAmber Inc. has inked an agreement to purchase Mitsui & Co Ltd.'s minority stake in its Sarnia joint venture. The Read More
  • OCGC names new chief executive +

    The board of directors at the Ontario Capital Growth Corp. (OCGC) has appointed Steve Romanyshyn as its new president and Read More
  • Boralex closes financing for France wind farm +

    Boralex Inc. has closed a $67.9 million financing for the 30 MW Chemin de Grès wind farm in France. The Read More
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Stock Market

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A paper recently published in Nature Communications reveals that forests do a great job of reducing ozone formation in the lower atmosphere. Ozone is a powerful greenhouse gas linked to respiratory problems, smog, climate change and crop damage.

Fiera Capital Corp. has named Jean-Philippe Lemay as president and COO of the Canadian division, replacing Sylvain Roy, who is leaving the company to pursue other business opportunities. Lemay will keep his position as chief investment officer.

The federal government is chipping in nearly $20 million in funding for 26 water projects across 14 municipalities in Prince Edward Island. Lawrence MacAulay, Minister of Agriculture and Agri-Food and MP for Cardigan, made the announcement on June 9.

Vancouver-based Smartcool Systems Inc. has teamed up to provide energy efficiency for Wates Group’s multiple client sites, the company announced earlier this week.

Younicos will provide a multi-megawatt battery energy storage system to Austin Energy under the US Department of Energy’s Sustainable and Holistic Integration of Energy Storage and Solar PV (SHINES) project. The 1.75 MW/3.2 MWh facility will be installed using Younicos’ Y.Cube systems.