Febraury 27, 2025 Innergex Renewable Energy Inc. and CDPQ announced they have entered into a definitive agreement dated as of February 24, 2025, pursuant to which CDPQ will acquire all of the issued and outstanding common shares of Innergex for a price of $13.75 per share in cash. Pursuant to the Arrangement Agreement, CDPQ will…
February 25, 2025 Specialized Power Solutions specializes in power distribution and motor control, providing the expertise and equipment needed for reliable and efficient solutions in industrial and utility applications. The team brings extensive knowledge across various industries including energy, manufacturing, telecommunications, and critical infrastructure. With a commitment to innovation and quality, Specialized Power Solutions partners…
The Province has appointed the first board of directors for the Nova Scotia Independent Energy System Operator.
February 24, 2025 Hydrostor, a global long-duration energy storage (LDES) developer and operator, has secured a $200 million USD investment from Canada Growth Fund Inc. (CGF), Goldman Sachs Alternatives (Goldman Sachs), and Canada Pension Plan Investment Board (CPP Investments). The transaction will support Hydrostor’s continued investment in Advanced Compressed Air Energy Storage (A-CAES) projects in…
February 24, 2025 Local 258 of the International Brotherhood of Electrical Workers is pleased to announce that the Graham Power Services and 42 West Constructors acquisition of Rokstad Power (2018) Ltd. has been completed. On January 27th, 2025, Graham Power Services announced that it would complete the acquisition of Rokstad Power and its affiliates from…
February 18, 2025 K-Line Insulators have announced the promotion of Dalton Kellett to Director of Operations and Strategy. “Dalton’s leadership, dedication, and engineering expertise have been instrumental in driving innovation, efficiency, and collaboration. In his new role, he’ll oversee operations across commercial, engineering, and factory functions, while leading strategic growth initiatives,” said the company via…
February 11, 2025 Investments in critical minerals are essential for Canada to seize the economic opportunities presented by a low-carbon economy and to capitalize on its rich mineral resources. Canada is well positioned to be a global leader and a reliable supplier to the world of critical minerals, which are increasingly in demand to power…
January 22, 2025 FLO has been awarded a prestigious 2024 Good Design® Award. The new FLO Ultra fast charger was recognized as one of the year’s ‘Best of the Best’ in new transportation design. The Good Design Award from the Chicago Athenaeum: Museum of Architecture and Design is the world’s first and oldest and longest running design prize that…
January 22, 2025 Canadian Solar Inc. has announced the opening of its new global headquarters in Ontario, Canada. Founded in 2001 by Dr. Shawn Qu in Guelph, Canadian Solar has grown from a visionary startup into a global powerhouse with around 20,000 employees and operations in more than 20 countries worldwide. Located in Kitchener, Ontario, the new headquarters embodies Canadian Solar’s commitment to innovation, sustainability,…
January 22, 2025 Hydro Ottawa Holding Inc. published an update to its Green Bond Framework, first issued in 2019. The Framework allows Hydro Ottawa to further build on its commitment to excellence in sustainability and Environmental, Social and Governance (ESG) performance, as well as its target to achieve net-zero operations by 2030. Key updates to…
January 21, 2025 The Net-Zero Advisory Body (NZAB) released its second annual report to the Minister of Environment and Climate Change in tandem with its publication on Canada.ca. The NZAB’s mandate under the Canadian Net-Zero Emissions Accountability Act is to provide independent advice to the Minister with respect to achieving net-zero emissions by 2050, including: Last year, the…
January 8, 2025 A new universal Plug and Charge protocol is set to roll out in 2025, promising a seamless and secure charging experience for all EV drivers. The fragmented and frustrating nature of today’s EV charging experience has long been a barrier to widespread electric vehicle adoption. Every EV driver knows the drill: download…
January 8, 2025 Electricity Human Resources Canada (EHRC) is thrilled to announce Jesse Spring, CEO of Primary Engineering and Construction, as the recipient of the 2024 Leader of the Year Award. EHRC proudly recognizes Jesse for his leadership, which is built on excellence and powering growth. Jesse’s journey with Primary began in 2008 as an…
Janujary 8, 2025 ABB announced it has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa to strengthen ABB’s position in the growing market for high-powered renewable power conversion technology. The acquisition will significantly expand ABB’s existing power conversion product and service offering to renewables OEMs and…
January 8, 2025 Newfoundland and Labrador and Québec have signed an important Memorandum of Understanding (MOU) for hydroelectric generation in Labrador. The resulting proposed partnership will create a significant and immediate increase in value for Newfoundland and Labrador and make a substantial contribution to Quebec’s energy security. The non-binding memorandum has two components: new contracts…
January 6, 2024 ABB is investing in a strategic partnership with Edgecom Energy, the Toronto-based energy management startup. The company’s unique energy management platform uses artificial intelligence to help industrial and commercial users manage and reduce peaks in their power demand. It is the first in the market to use a generative AI copilot to…