Tag: Canada

Tidewater Renewables extends debt facility in attempt to restructure

Tidewater Renewables extends debt facility in attempt to restructure

September 2, 2024 |

In Canada, Tidewater Renewables Ltd. has obtained an interim extension of the maturity of its C$175 million first lien senior credit facility, and its C$25 million of additional debt capacity under the second lien term debt facility, from August 30, 2024 to September 18, 2024. This interim extension is expected to provide the Corporation with […]

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Canada and Quebec invest $19.6M in Énercycle

Canada and Quebec invest $19.6M in Énercycle

August 27, 2024 |

In Canada, the government of Canada and the government of Quebec have announced C$26,448,693 in joint financial assistance to support Énercycle, the Régie de gestion des matières résiduelles de la Mauricie, for its project to develop a new organic waste recovery center using biomethanization and composting. In addition to diverting approximately 35,000 tons of organic matter […]

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Next Hydrogen Solutions to install electrolysis technology at University of Minnesota research center

Next Hydrogen Solutions to install electrolysis technology at University of Minnesota research center

August 20, 2024 |

In Canada, Next Hydrogen Solutions Inc. has been awarded a contract by the University of Minnesota (UMN) for its latest generation electrolysis technology to be installed at the UMN West Central Research and Outreach Center (WCROC). The WCROC project is supported by the U.S. Department of Energy’s Advanced Research Project Agency (ARPA-E) as well as […]

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Strawfish sells seashell straws down by the seashore

Strawfish sells seashell straws down by the seashore

August 19, 2024 |

In Canada, the purveyor of a seaside bar has won local acclaim for swapping soggy straws for a biodegradable alternative made from seashells. Manufactured by Florida’s Strawfish, the straws look and feel like plastic but biodegrade quickly in the environment. They are also safe for people with shellfish allergies to use because the shells are […]

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Government of Canada grants Bioindustrial Innovation Canada $4.8M

Government of Canada grants Bioindustrial Innovation Canada $4.8M

August 19, 2024 |

In Canada, the Government of Canada announced up to C$6,592,913 to Bioindustrial Innovation Canada (BIC) through the AgriScience Program – Clusters Component, an initiative under the Sustainable Canadian Agricultural Partnership. The Bioproducts Cluster, led by BIC, will develop specialized technologies that turn renewable resources, such as agricultural residues, into useful bioenergy, biofuels, and biomaterials like […]

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Nova Scotia announces funds for clean fuels projects

Nova Scotia announces funds for clean fuels projects

August 16, 2024 |

In Canada, the government of Nova Scotia reported that the province is now taking applications for the Clean Fuels Fund, which helps industries, businesses and communities switch to low-carbon and renewable fuels. “We’re moving toward a cleaner, greener Nova Scotia, and our industries are making the move with us,” said Tory Rushton, Minister of Natural […]

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Montreal’s Grand Quay achieves 100% renewable energy milestone

Montreal’s Grand Quay achieves 100% renewable energy milestone

August 15, 2024 |

In Canada, The Montreal Port Authority announced the Port of Montreal’s Grand Quay has been receiving Énergir supplied renewable natural gas since January 1, 2024. By switching from fossil natural gas to RNG for heating and cooking in its event spaces, the Grand Quay is supplied with 100% renewable energy. The Grand Quay incorporates multiple […]

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Tidewater Renewables achieves record Q2 Production

Tidewater Renewables achieves record Q2 Production

August 15, 2024 |

In Canada, Tidewater Renewables announced a record average daily throughput of 2,925 barrels per day at its Renewable Diesel & Renewable Hydrogen Complex during Q2 2024, operating at an impressive 98% utilization rate. This robust performance contributed to a net income of $4.9 million for the quarter, up from $2.7 million in Q2 2023. These […]

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Veer partners with Fosen Shipyard to build first zero-emission container ships

Veer partners with Fosen Shipyard to build first zero-emission container ships

August 8, 2024 |

In Canada, Veer announced the signing of a Letter of Intent with Fosen Shipyard to construct two wind-powered and hydrogen-assisted 152 TEU container vessels, with service to start in 2027. This collaboration marks a major advance in Veer’s ambition to launch the world’s first clean container ships capable of crossing oceans without emitting carbon. Danielle […]

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Green Impact Partners finalizes carbon credit pathways under Alberta’s TIER program for Future Energy Park

Green Impact Partners finalizes carbon credit pathways under Alberta’s TIER program for Future Energy Park

July 29, 2024 |

In Canada, Green Impact Partners Inc. has finalized the carbon credit pathways under the Alberta Technology Innovation and Emissions Reduction (“TIER”) program for its flagship project, the Future Energy Park, to be located in Calgary, Alberta. In addition, as part of ongoing development activities, GIP has also successfully finalized agreements to sequester the biogenic CO2 […]

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