Action Plan 2035: Hydro-Québec Focuses on its Mission and Exercises the Put Option of its Minority Interest in Dana TM4

Action Plan 2035: Hydro-Québec Focuses on its Mission and Exercises the Put Option of its Minority Interest in Dana TM4

Hydro-Québec’s Action Plan 2035 sets out the company’s key role in the energy transition. Significant challenges drive Hydro-Québec to refocus on its priority to decarbonize, contribute to Québec’s prosperity and meet customers’ expectations. Considering these circumstances and Dana TM4’s solid financial performance, Hydro-Québec has decided to exercise its put option to sell its remaining 45% interest to Dana Incorporated.

Canada Cuts Carbon Pollution With Funding for Glencore Canada Corporation Project

Canada’s pollution pricing system creates incentives for industries to reduce their greenhouse gas emissions, drives innovation and sustainable business practices, and fosters a cleaner, more environmentally responsible future. Through the Decarbonization Incentive Program, the Government of Canada returns a portion of the proceeds collected from the federal pollution price on large industrial emitters to support clean technology projects. This funding will enable eligible facilities to achieve greater energy efficiency, adopt sustainable solutions, and reduce their emissions to help build a low‑carbon world.

Siemens Launches Depot360 Zero-Emission Fleet Management in Canada

Siemens Launches Depot360 Zero-Emission Fleet Management in Canada

May 9, 2024 With transportation being the second biggest emitter of greenhouse gases and road transport responsible for almost three quarters of these emissions globally*, Siemens Smart Infrastructure has launched Depot360, a portfolio to optimize fleet electrification. The initial focus of the solution is on logistics vehicles, municipal transit and private bus fleets within depot,…

2024 OEN Scholarships – Applications Now Being Accepted

2024 OEN Scholarships – Applications Now Being Accepted

May 7, 2024 Members of the Ontario Energy Network (OEN) encourage post-secondary students to explore the many exciting career opportunities in the Ontario energy sector. OEN is a not-for-profit organization which provides networking opportunities in support of the energy industry in Ontario, as well as supporting charities important to the sector and an industry-focused scholarship…

SaskPower Launches Commercial Energy Optimization Program

SaskPower Launches Commercial Energy Optimization Program

May 7, 2024 As part of SaskPower’s commitment to energy efficiency, the utility has launched the new Commercial Energy Optimization Program (CEOP) to support SaskPower business customers in becoming more energy efficient and to help save money on their power bills. The program will provide large, medium, and small business customers with easy access to…

Alberta is Creating Geothermal Test Site to Advance Drilling Innovation

Alberta is Creating Geothermal Test Site to Advance Drilling Innovation

May 7, 2024 Geothermal energy uses naturally occurring heat within the earth to heat water and buildings and generate power, with few emissions or environmental impacts. Alberta has vast pockets of heat below ground, making the province Canada’s geothermal leader, but testing and developing new technologies can be a barrier for many companies. Unlike the…

Agreement Between the Conseil des Innus d’Unamen Shipu and Hydro-Québec Approved by the Government of Québec

Agreement Between the Conseil des Innus d’Unamen Shipu and Hydro-Québec Approved by the Government of Québec

May 7, 2024 The Conseil des Innus d’Unamen Shipu and Hydro-Québec today signed the Mishta Uashat Lac-Robertson Agreement following its approval by the Government of Québec. This agreement aims to resolve, in a spirit of mutual respect and trust, all outstanding disputes related to the construction, operation and maintenance of Lac-Robertson generating station in the…

CIB, Alexander First Nation, FNpower, and Concord Partner on Tilley Solar Project

CIB, Alexander First Nation, FNpower, and Concord Partner on Tilley Solar Project

May 7, 2024 Alexander First Nation, First Nation Power Development (FNpower), Concord Green Energy (a subsidiary of Concord Pacific), and the Canada Infrastructure Bank (CIB) have reached financial close on the Tilley Solar Project. The CIB committed $33 million to the Tilley Solar project, located 200 kilometres southeast of Calgary in Newell, Alberta, on Treaty…

Honda Plans to Establish Comprehensive Electric Vehicle Value Chain in Ontario, Canada

Honda Plans to Establish Comprehensive Electric Vehicle Value Chain in Ontario, Canada

May 3, 2024 Honda Motor Co., Ltd. announced that it plans to build a comprehensive EV value chain in Canada with an approximate investment of CAD$15 billion, including investment by joint venture partners, to strengthen its EV supply system and capability to prepare for a future increase in EV demand in North America. Honda has begun evaluating the requirements to…

Electricity Canada’s “Faces of the Industry” Award Honours Leadership and Innovation in the Electricity Sector

Electricity Canada’s “Faces of the Industry” Award Honours Leadership and Innovation in the Electricity Sector

May 2, 2024 An executive vice president who led efforts to restore power to a Caribbean island; A Communications Manager who was the face and the voice during Hurricane Fiona; A telecom engineer who has innovated through the use of cellular networks and broadband to aid the electricity sector; A supervisor of distribution lines who helped found…

CIB to Provide $70M Financing to CAPREIT to Retrofit 60 Multi-Residential Buildings

CIB to Provide $70M Financing to CAPREIT to Retrofit 60 Multi-Residential Buildings

May 2, 2024 The Canada Infrastructure Bank (CIB) has reached financial close on a $70 million loan to CAPREIT to finance deep energy and decarbonization upgrades at selected buildings. Installation of new energy conservation equipment is planned to benefit residents living in approximately 14,000 suites. The projects are expected to result in the significant reduction of greenhouse gas (GHG) emissions annually, with…

$4,000 in Bursaries for Women Entering the Electricity Industry from EHRC

$4,000 in Bursaries for Women Entering the Electricity Industry from EHRC

April 29, 2024 EHRC is offering two $2,000 bursaries for women entering or currently enrolled in a trades or STEM (science, technology, engineering and math) program. Year after year, the data consistently shows that men outnumber women in technology, engineering, and trades jobs in Canada’s electricity industry. As the industry evolves to meet climate change…

Federal Budget 2024 a Step Forward in Keeping Canada Competitive

Federal Budget 2024 a Step Forward in Keeping Canada Competitive

April 24, 2024 The Canadian Renewable Energy Association (CanREA) welcomes Budget 2024, as presented today by Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland. Budget 2024 represents positive steps for Canada’s renewable energy and energy storage industry regarding the Investment Tax Credits (ITCs), the Indigenous Loan Guarantee Program and the Green Choice Program….

Electricity Canada’s Statement on the 2024 Federal Budget

Electricity Canada’s Statement on the 2024 Federal Budget

April 24, 2024 Budget 2024: Indigenous Loan Guarantee helps advance reconciliation; underlines the importance of accelerating deployment of Investment Tax Credits and streamlining approvals. This year’s federal budget has important announcements regarding the Indigenous Loan Guarantee program, Investment Tax Credits and improving the process for getting approvals, but there is a lot of work that…