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

1 DOW 21,674.51
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HP has now joined Dell and Lenovo in achieving the RCO certified sustainability certification for a range of notebook computers. This offers IT buyers more choices in electronics verified as being environmentally responsible.

UK food company Cleone Foods Ltd. has realized a nearly 20% reduction in energy use after implementing technology from Smartcool Systems Inc. Just as impressive is an estimated return on investment of 14 months.

Air Canada is participating in the Civil Aviation Alternate Fuel Contrail and Emissions Research project (CAAFCER) project. Led by the the National Research Council of Canada, its aim is to test the environmental benefits of biofuel use on contrails.

The government of Canada is contributing nearly $70 million from its Clean Water and Wastewater Fund (CWWF) for 26 water and wastewater projects in Quebec and Manitoba. Including provincial and municipal funding of more than $52 million, the total amount jumps to approximately $122 million.

That’s the conclusion of a new report from the CD Howe Institute. The paper says municipalities would be better off by selling their hydro companies and then redirect the proceeds to infrastructure projects such as public transit.