Changing Scene

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 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 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 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…

December 17, 2024 AtkinsRéalis Group Inc.announced that it has been selected as the Owner’s Engineer for Energy Northwest’s small modular reactor (SMR) project in Washington state, US. “We are thrilled to see utilities worldwide turning to AtkinsRéalis to support strategic public-private-partnerships by leveraging the deployment of nuclear power technology,” said Ian L. Edwards, President and Chief Executive…