Category: Sustainability

Key Takeaways:

• Lafarge Canada’s St-Constant Cement Plant in Quebec now only produces greener cement with fewer CO2 emissions.
• The company projects a reduction of about 60,000 tonnes of CO2 emissions in 2024.
• This equates to CO2 emissions from 16,267 passenger vehicles or 877,972 tree seedlings grown for 10 years.

The whole Story:

Lafarge Canada’s St-Constant Cement Plant in Quebec has fully transitioned production from traditional general-use cement to OneCem, a greener product that lowers CO2 emissions.

“We are excited to take another crucial step in our sustainability journey,” said David Redfern, president & CEO of Lafarge Canada (East). “The transition to OneCem production at our St-Constant plant indicates Lafarge Canada’s nonstop commitment to driving positive change within our construction industry. Our teams have been engaged in reducing our products’ environmental impact by embracing greener practices and materials.”

OneCem is a limestone blended cement manufactured using less clinker than traditional Portland cement. By converting the St-Constant Plant’s production to OneCem, Lafarge Canada projects a reduction of about 60,000 tonnes of CO2 emissions in 2024. This equates to CO2 emissions from 16,267 passenger vehicles or 877,972 tree seedlings grown for 10 years.

The St-Constant plant has been driving sustainability and innovation in cement production in Quebec for years. The plant has implemented initiatives such as circularity through ECOcycle, as well as collaborating with organizations like CarbiCrete and Patio Drummond to facilitate the production of zero-carbon concrete.

“Our team at St-Constant is proud to be taking actions towards sustainability. With this transition, we are not only reducing our carbon footprint but also aligning with our organization’s drive to be a leader for sustainable construction throughout Eastern Canada,” said Andrew Stewart, vice president of cement, Lafarge Canada (East). “This is a significant development, and we are eager to contribute to the realization of a net-zero future.”
 

Key Takeaways:

• The decision comes after direction from Ontario’s minister of energy to the Independent Electricity System Operator (IESO), outlining next steps related to the project including a cost recovery agreement.
• Using water and gravity, pumped storage acts like a giant battery. It stores excess electricity when demand is low and makes it available when it is high.
• If built, the facility would provide 1,000 MW of flexible energy to Ontario’s electricity system.
• It is expected that construction for the project would begin in the latter part of this decade with in-service in the early 2030s.

The Whole Story:

TC Energy Corporation announced this month that it will continue to advance the Ontario Pumped Storage Project with its prospective partner Saugeen Ojibway Nation, and begin work with the Ministry of Energy and the Ontario Energy Board (OEB), to establish a potential long-term revenue framework. Further, TC Energy and Saugeen Ojibway Nation will assist with the ministry’s evaluation of the Project’s broader societal and economic benefits.

The decision comes after direction from Ontario’s minister of energy to the Independent Electricity System Operator (IESO), outlining next steps related to the project including a cost recovery agreement. Subject to an agreement with the IESO, this direction from the minister will facilitate the continued development of the project, that if constructed, will support Ontario’s long-term plans to grow the economy and build a sustainable, reliable and clean electricity system.

TC Energy and Saugeen Ojibway Nation stated that they look forward to continuing work with the Ministry, the IESO and the OEB to advance the project, which they say will play an important role in accelerating the province’s ambitious plans for clean economic growth.

Using water and gravity, pumped storage acts like a giant battery. It stores excess electricity when demand is low and makes it available when it is high.

The Ontario Pumped Storage Project will be designed, engineered, and built by a domestic supply chain. During construction, the project will create 1,000 unionized jobs and over 75% of the total materials and supplies will be provided by Ontario-based companies.

Based on feedback from stakeholders and Indigenous groups, the project team opted to completely re-designed the project to enhance protections for Georgian Bay & near-shore environments.

The project remains subject to the approval of TC Energy’s board of directors and Saugeen Ojibway Nation. It is expected that construction for the project would begin in the latter part of this decade with in-service in the early 2030s, subject to receipt of regulatory and corporate approvals. Further, any future capital allocation decisions will align with TC Energy’s net capital expenditure limit of $6-7 billion post-2024.

 The Independent Electricity System Operator (IESO) estimates that Ontario needs 5,000 to 15,000 megawatts (MW) of new electricity production by 2035. When operational, the OPSP will provide 1,000 MW of flexible, clean energy to Ontario’s electricity system — enough to power a million homes for up to 11 hours.

Key Takeaways:

• The City of Calgary, City of Edmonton and Alberta Ecotrust have partnered to create the Emissions-Neutral Buildings Information Exchange (ENBIX).
• Over the next four years ENBIX will be developing a variety of platforms to enable the local building industry to share knowledge and build capacity for low-carbon building and renovation practices across Alberta. 
• Research shows buildings responsible for 39% of global energy related carbon emissions.

The Whole Story:

The City of Calgary, City of Edmonton and Alberta Ecotrust are joining forces to reduce building emissions in the province. 

Professionals in the building, construction and renovation industries now have a resource with the Emissions-Neutral Buildings Information Exchange (ENBIX) to support collaboration in the industry. 

“We are creating momentum for action with ENBIX that will build over the next several years and beyond,” says Calgary Mayor Jyoti Gondek. “Building capacity for emissions neutral construction across the whole development ecosystem – from construction to manufacturing, supply, training, operating and more – is critical in getting us to net-zero buildings by 2050.” 

Over the next four years ENBIX will be developing a variety of platforms to enable the local building industry to share knowledge and build capacity for low-carbon building and renovation practices across Alberta. 

In early 2024, the Calgary Community of Practice will launch, providing a forum for Calgary-specific collaboration, while still learning from experiences across Alberta. With funding now committed to the program, ENBIX plans to continue expanding the ways in which it shares market research, industry experience and training, including webinars, site visits, communities of practice, technology demonstrations, training sessions and more. 

“Collaboration initiatives like ENBIX will help us go faster towards net zero, together,” said Claire Beckstead, Leader of Community Energy at the City of Calgary. “With building code standards moving rapidly toward net-zero standards, the industry needs support to get ahead of new regulations. And in Calgary, reducing the GHG emissions from buildings means we are making progress toward our goal of net-zero greenhouse gas emissions by 2050.” 

The City of Edmonton and The City of Calgary are the main funders of ENBIX, with a contribution of $1.7 million and $1.4 million respectively. Alberta Ecotrust is providing a $600,000 contribution from the organizations’ Climate Innovation Fund.  

Data shows commercial and residential buildings are a major source of greenhouse gas emissions across Canada. In Calgary, buildings account for about two-thirds of its total greenhouse gas (GHG) emissions. City officials stated that the greatest opportunity to see immediate greenhouse gas reductions is in retrofitting existing buildings, and developing new buildings to net-zero standards. 

“We have heard from industry leaders the need to build better for commercial and environmental reasons, and to prepare for the adoption of higher tiers of building code in Alberta,” said Andrea Linsky,  director, Emissions-Neutral Buildings, Alberta Ecotrust Foundation. “ENBIX is here to work with industry to advance more affordable emissions-neutral buildings, by sharing information, fostering innovation and strengthening collaboration.” 

As founding partners, the Calgary Construction Association and Smart Sustainable Resilient Infrastructure Association (SSRIA) have been significantly involved in developing the Exchange. These founding partners will continue to advise the startup and initial operations as leaders in the industry and will participate in the Exchange’s Executive Advisory Committee.

Does the dreary winter weather have you feeling down? Here’s a sunny mood booster for you. Canada is becoming a major player in the solar sector, particularly in parts of Western Canada.

Last fall we profiled seven solar businesses doing big things in the country, but with so many that had to be cut from the list, we wanted to revisit the topic and bring you seven more.

BlueEarth Renewables

Started in 2010, Calgary-based BlueEarth is an independent, power producer that acquires, develops, builds, owns and operates wind, hydro, solar and storage facilities across North America. Its portfolio includes over 1 GWAC (gross) in operation, under construction and contracted pre-construction, and over 7 GW of development projects that are actively being advanced. Recent years have seen BlueEarth’s solar work go wild in Alberta. In 2022 it announced that in less than 12 months it had completed construction and commissioned five solar facilities, totalling over 100 MWAC, in southern Alberta. This includes its Hays and Jenner Solar Facilities. In total, BluEarth has 233 MW of solar projects currently in operation.

Capstone Infrastructure

Capstone Infrastructure is a Toronto-based developer, owner, and operator of clean and renewable energy projects across North America. Its portfolio includes approximately 824 MW gross installed capacity across 31 facilities, including wind, solar, hydro, biomass, and natural gas power plants. Capstone Infrastructure has four projects in operation in Alberta and Ontario, including one of the country’s largest — Claresholm Solar, a 182 MW project completed in 2021. Earlier this year, Capstone announced the successful commissioning of the Michichi and Kneehill Solar Projects in Alberta, totaling 50 MWac.

Solar Krafte

With offices in Vancouver, Calgary and California, Krafte is making its mark on North America and is helping build some of Canada’s largest solar projects. They are currently proposing a 450MW project near Brooks, Alta. that is expected to cost $700 million. Other notable projects include Brooks solar farm, Clydesdale solar farm and Vauxhall solar farm.

Northland Power

From its headquarters in Toronto, Northland Power has grown into an international power producer since its founding in 1987. Its involved in developing, building, owning and operating green power infrastructure assets in Asia, Europe, Latin America and North America. Its facilities produce electricity from natural gas, wind and solar. Northland owns or has an economic interest in 3 GW (net 2.6 GW) of operating generating capacity. Their team is currently involved in building Jurassic Solar+, a 220 MWac , 80MW/160MWh advanced stage co-located solar and energy storage project located on approximately 1,170 acres of land in Cypress County, Alberta.

ALPIN Sun

This have really taken off in Canada for German developer ALPIN Sun — literally. They investing $169-million in a solar project at the Edmonton International Airport. At 120 MW, it would be the largest solar project on airport land in the world. After seeing success in Europe, the company says it is currently focused on developments in North America. So far it has over 2.6 GWp developed successfully in the last three years in the U.S. alone.

Elemental Energy

Elemental says it’s on a mission to transform the vision of a renewable future into a renewable present. Their team develops, owns and operates wind and solar projects throughout North America. Currently they are developing Foothills Solar (150 MW) and High River Solar (19 MW) in Alberta. In Saskatchewan they are developing Bemersyde Solar (100 MW). They recently wrapped up work on $45-million Chappice Lake Solar-Storage (14 MW), the first utility scale solar + storage project in Alberta to use a flow battery. This technology enables solar energy to be stored and delivered to electricity customers after the sun goes down.

Mytilineos

Global industrial and energy company Mytilineos is making a major play in Canada. Earlier this year the Greece-based team spent $1.7 billion to acquire five solar energy projects from Westbridge Renewable Energy. Once completed, the projects will add 1.4 GW of solar capacity to Alberta. It is the company’s first transaction in all of North America. Two projects are expected to be shovel-ready by the end of the year while the others could be ready to go ahead in mid-2024.

Transitioning away from fossil fuels to electricity is one of the great projects of our time and Canada wants to be a major player.

The federal government and provincial leaders are aggressively seeking investment for facilities that support electrification and the strategy seems to be working. In the past few years, billions and billions of dollars have been invested in developing massive facilities to manufacture batteries for electric vehicles and other devices.

Here’s some of the largest projects underway that are supporting electrification in Canada and around the globe.

E-One-Moli – Maple Ridge, B.C.

The ink is still wet on this deal. Just this week, Prime Minister Justin Trudeau announced the federal government and the province of B.C. would be supporting a $1.05-billion lithium-ion battery cell production facility in Maple Ridge, B.C. The facility, which is being developed by Taiwan-based E-One Moli, is expected to produce 135 million batteries annually. The company says the “gigafactory” will be the world’s first ultra-high power battery plant powered 100% green energy.

Umicore – Loyalist, Ont.

Could this be the missing link in North America’s EV battery value chain? Umicore thinks so. Last month, the global tech company announced that it is proceeding with the first phase of a $2.7 billion project will be executed in multiple stages. The facility will manufacture cathode active materials (CAM) and precursor cathode active materials (pCAM), critical components for producing electric vehicle (EV) batteries. Together, the federal government and Ontario are contributing $975 million for the project. Commissioning is expected to occur in 2025.

Ford – Bécancour, Que.

Ford is betting big on Quebec. Construction has begun on a $1.2 billion cathode manufacturing facility in Bécancour. The plant is part of Ford’s strategy to localize key battery raw material processing in regions where it produces EVs. SNC-Lavalin has been awarded an initial works contract for the facility worth $141 million. Once production begins in the first half of 2026, the site will have the capacity to produce up to 45,000 tonnes of cathode active material (CAM) per year.

General Motors – Ingersoll, Ont.

General Motors of Canada has undergone a major transformation. Last winter, the company announced the opening of its first full-scale electric vehicle (EV) manufacturing plant in Ingersoll, Ont. With support from the province, GM Canada spent more than $2 billion transforming its CAMI manufacturing plant into an all-EV manufacturing facility, the first of its kind in the country. Officials say the project could help secure Ontario’s position as a global automotive hub. One of the vehicles the plant is producing is the BrightDrop Zevo 600, a light commercial vehicle that runs on a lithium-ion battery.

Stellantis – Windsor, Ont.

Despite a seven-week strike to sort out project funding, work is underway to build a $5-billion electric vehicle EV battery plant in Windsor. They aren’t just making batteries. They are making Ontario history. The plant marks the largest private in the history of the province and it’s the largest investment in the history of the Canadian auto industry. The facility, a joint venture of Stellantis and LG Energy Solution, will stretch roughly 4.5 million square feet and employ 2,500 people. The plant is expected to begin production next year.

Northvolt – Montreal, Que.

Swedish company Northvolt is in the early stages of setting up operations in Quebec. Just weeks ago they purchased 18.5 million sq. ft. of land in McMasterville and Saint-Basile-le-Grand for an undisclosed sum. The land used to be an explosives factory but has sat dormant for 25 years. The company says it plans to build Northvolt Six, a fully integrated lithium-ion battery gigafactory, just outside of Montreal. Construction of the first 30 GWh phase of the project is due to commence before the end of 2023 and the first operations are set to begin in 2026. Northvolt anticipates the first phase will require $7 billion of investment, the largest private investment in Quebec history.

Volkswagen – St. Thomas, Ont.

Something big is powering up in Ontario. Volkswagen’s St. Thomas Gigafactory will have six production blocks with a potential production volume of up to 90 gigawatt hours – enough for about 1 million EVs a year. This is going to be critical for Volkswagen as it has plans to introduce more than 25 new EV models by 2030.

Key Takeaways:

• New solar projects secured by PCL this year exceed $1 billion in value.
• Due to high demand for solar projects, PCL plans to expand its Solar Division team by 25% this year.
• 2023 also saw PCL hit a new record of surpassing 4 gigawatts contracted.

The Whole Story:

PCL Construction has secured more than $1 billion in new solar projects for 2023.

The general contractor announced its new solar division, PCL Solar, late last year. Its base is in Toronto with satellite offices in strategic centres across the U.S. and Australia.

“This year, we officially surpassed 4 gigawatts contracted – marking a new record for the company,” said Andrew Moles, general manager of PCL’s Solar Division. “It’s an exciting time for PCL Solar. This growth reflects the increased demand for renewable energy projects across the world.”

To date, the company has completed nearly 60 solar projects, supplying enough clean energy to power more than half a million average homes and businesses across North America and Australia. 

The projects include Travers Solar, which not only represents the largest solar project in Canada to date but also the first of PCL Solar’s projects to surpass 1 million megawatt hours of production. In 16 months, the project has also offset more than 472,000 tons of greenhouse gas emissions.

PCL Solar stated that it believes the following recent project wins along with other promising projects on the horizon will help the company more than double its impact of powering homes and businesses across three countries in the coming years:

• Peacock: 150-megawatt photovoltaic power station located in Taft, San Patricio County, Texas.

• Azalea Springs: 180-megawatt photovoltaic solar energy installation in Angelina County, Texas.

• Clearview: 145-megawatt solar project in Adams Township in Champaign County, Ohio.

• Goose Prairie: 80-megawatt solar photovoltaic project located in Yakima County, Wash.

• Spring Coulee: 30-megawatt solar facility located in Cardston County, Alta.

• Homestead: 400-megawatt photovoltaic solar energy installation in Claresholm, Alta.

• Stubbo Solar: 400-megawatt solar energy facility located in Gulgong, New South Wales, Australia.

• Gunsynd: 94-megawatt solar farm located in Southwest Queensland, Australia.

PCL Solar also has its sights set on growing Battery Energy Storage System (BESS) opportunities. From increasing global renewable energy demands due to the United States Inflation Reduction Act (IRA) and Canada’s Clean Energy Investment Tax Credit, BESS is also on the rise. PCL noted that BESS provides critical infrastructure support by storing energy that can then be deployed at peak times when the grid is experiencing high demand.

With PCL Solar’s growing portfolio comes the additional need for employees.

“We plan to expand our team by 25% this year to support our projects and increase our capacity for future years,” said Rodolfo Bitar, manager of strategic initiatives for PCL Solar.

Key Takeaways:

• The case was referred to the RCMP by the Ontario Provincial Police.
• The investigation comes after several resignations in the Ontario government and a reshuffling of the cabinet.
• Premier Doug Ford apologized for opening up the Greenbelt to development and is in the process of reversing the land swap decision.

The Whole Story:

The RCMP is officially investigating controversial deals to develop parts of Ontario’s Greenbelt. 

“Following a referral from the Ontario Provincial Police, the RCMP O Division’s Sensitive and International Investigations (SII) unit has now launched an investigation into allegations associated to the decision from the Province of Ontario to open parts of the Greenbelt for development,” said officials in a statement. “While we recognize that this investigation is of significant interest to Canadians, the RCMP has a duty to protect the integrity of the investigations that it carries out, in order to ensure that the process leads to a fair and proper outcome. Therefore, no further updates will be provided at this time,”

According to the RCMP, Sensitive and International Investigations (SII) investigate “sensitive, high risk matters that cause significant threats to Canada’s political, economic and social integrity of its institutions across Canada and internationally”. Jurisdiction over offences investigated is not limited by a territory/region but by the nature of the offence.

The investigation comes after months of political turmoil for the province’s leadership. In August Auditor General Bonnie Lysyk released a blistering report that found the Greenbelt deal heavily favoured a small group of developers and did not consider environmental impacts. The report came with a list of recommendations that include revisiting the deal in a way that follows proper procedures.

Weeks later, Integrity Commissioner J. David Wake released his report on the Greenbelt deal, recommending that Housing Minister Steve Clark receive a reprimand for his role in the land swap. Last month, Clark resigned, stating that it was his responsibility to adhere to the principles of ministerial accountability.

MPP and Kaleed Rasheed resigned from Premier Doug Ford’s cabinet after reports emerged of him spending time with developers while on a trip to Las Vegas. Ford also apologized for opening up the Greenbelt to development and announced that he would be reversing the deal. The plan would have taken 3,000 hectares out of the 800,000-hecatare Greenbelt that surrounds the Greater Toronto Area to build housing. 

Lafarge’s Exshaw plant is harnessing the sun to make cement. 

Canada and ATCO announced that they have entered into a 12.5-year virtual power purchase agreement (VPPA). Under this agreement, Lafarge’s Exshaw cement plant will receive 100% of the solar energy produced by the 38.5-megawatt Empress Solar project, meeting 34% of the plant’s power requirements through 2036.

The Empress solar project covers 280 acres south of the village of Empress, Alberta, and consists of 89,000 solar panels.

“We’re continually assessing ways we can reduce our environmental impact while actively pursuing sustainable solutions within our operations,” said Brad Kohl, president and CEO of Lafarge Canada (West). “Our collaboration with ATCO underscores our commitment to adopting renewable energy at our plants and sites, which is key to reducing our reliance on fossil fuels.”

Lafarge’s continued expansion into renewable energy in Alberta aligns with the company’s broader strategy, Accelerating Green Growth while emphasizing its ongoing investments to lower the carbon footprint of its operations and scope 2 emissions. Notably, Lafarge’s Exshaw cement plant has now committed to power purchase agreements for both wind and solar energy, setting an industry precedent.

“This agreement represents the strides we are making to support our customers in meeting their clean energy goals,” said Bob Myles, COO, ATCO EnPower. “We are proud to be at the forefront of the energy transition, and in a position to provide solutions to customers like Lafarge in reducing their carbon emissions.”

Under the agreement, Lafarge will offtake 100% of the power generated from the Empress Solar project, which is scheduled to commence commercial operations this month. The Empress Solar project is expected to generate enough renewable energy to offset approximately 43,000 tonnes of carbon per year. 

There’s a new data-driven approach to get your company on the road to reducing its carbon footprint.

Evolve Fleet’s team and platform use telematics tools, benchmarks, rebates, charging data and more to create a roadmap for a company’s specific vehicle goals.

“First you have to understand the needs of the organization, what is required, what are vehicles being used for, what is working, what is not working, and based on that analysis, we can come back and make recommendations on first steps,” explained Jasin Azzopardi, Vice President and General Manager of Evolve Fleet. “We have to determine the usage of the vehicles and also what the company’s goals are. Is your motivation carbon reduction? Is it marketing because of your industry? Do you want to get carbon credits? Understanding that motivation is key so we can make good recommendations.” 

He noted that there are several common concerns that clients have when they decide to reduce the carbon footprint of a fleet:

• Do EVs have enough range for the purpose of the asset?
• What sort of charging infrastructure is required?
• How much will it cost to switch to EVs?
• How much value do EVs retain over time?

To address these concerns, Evolve digs deep into the data. They test internal combustion engine vehicles and electric vehicles in various use cases to determine cost, carbon emissions, performance and other metrics to create benchmarks. They can also use telematics to track driver behavior, idle time, charging, range and more to tease out what tools are the best fit for a client.  

“The Evolve portal allows us to bring that data into one place and not only make appropriate recommendations but demonstrate that data to the client,” said Azzopardi. 

How much is too much?

When it comes to cost, EVs can leave some with sticker shock. But one has to dig into the details. Azzopardi explained that Evolve can crunch the numbers to determine if that investment will save money in the long run. Their experts can also help companies navigate government programs to take advantage of rebates or other incentives that can drive cost lower. 

“Clients often don’t know how to apply for those and if they qualify, so we manage that process for them,” said Azzopardi.

Depending on the type of vehicle and the province, rebates can take tens of thousands of dollars off the price. And there are even carbon credits that can be earned from using EV chargers. 

Exploring benefits

Azzopardi noted that in addition to making a company more socially responsible and improving one’s brand image, there are also long-term cost benefits to including EVs in one’s fleet. 

“Beyond fuel savings, EVs have very little maintenance requirements to the point where they are almost non-existent,” he said. “The only thing you have to do really is tires and brakes. No oil changes, no tune ups or timing belts.” 

And the technology is only improving and expanding. Regenerative brakes are being used to help charge the car with the energy produced during breaking. Rapid chargers are cutting down on the time it takes to charge vehicles. Strategy for targeted heating and cooling is making batteries more efficient. Manufacturers are also beginning to expand in the mid-duty truck market, creating more commercial use cases. 

When it comes to the far future, Azzopardi believes sustainable vehicle technology could expand to more parts of the construction site. 

“I suspect we will see a surge in hydrogen vehicles,” he said.

While the idea of using hydrogen as fuel isn’t new, momentum for the technology has been growing and the next 12 months could see major progress. CP Rail plans to begin operating its first hydrogen locomotive, a hydrogen fuelling station is under construction in Edmonton to allow semi-truck testing on the province’s highways, and construction has just begun in Edmonton on the world’s largest net-zero hydrogen plant.

A changing industry

During his nearly three decades in the industry, Azzopardi has seen attitudes shift. 

“It definitely has changed over the years, during my career, many of my largest accounts have been oil and gas (energy sector) accounts. Everybody wants to be a good corporate citizen,” he said. 

It’s also becoming a larger component of winning work. 

“For large accounts with bigger fleets that typically do public sector work, if you are responding to an RFP for something like garbage disposal in West Vancouver, there will be ESG questions 

and you will have to demonstrate how your company is forward facing. For that reason alone, you aren’t going to prosper without an ESG strategy.” 

To get your company’s fleet greening journey started, visit evolvefleet.com for a free consultation. Additionally, for those interested in how zero-emission vehicles will suit their daily operations and are looking at short-term solutions or testing opportunities, Evolve fleet offers electric fleet rentals so you can see if they are right for your business.

Heidelberg Materials has entered into a definitive purchase agreement to acquire Green Drop Rock Products located in Cochrane, Alta. Green Drop Rock Products is an independent producer of aggregates with a high-capacity plant that is well positioned to supply the Calgary market.

Heidelberg stated that the acquisition of the Green Drop Rock Products business will further strengthen the company’s aggregates reserves in the Greater Calgary area and reinforce its integrated footprint in the market. They added that the assets of Green Drop Rock Products complement their existing operations in the area. 

The province of Alberta is also home to Heidelberg Materials’ Edmonton plant, where the cement industry’s first global full-scale carbon capture and storage facility is being built. The new facility is scheduled to be operational by late 2026 and will capture more than 1 million tonnes of CO2 annually. 

The transaction is expected to close in early September 2023. This acquisition reflects Heidelberg Materials’ strategic plan to optimise its portfolio in core markets and strengthen its existing businesses through bolt-on acquisitions.

Heidelberg Materials is one of the world’s largest integrated manufacturers of building materials and solutions with leading market positions in cement, aggregates, and ready-mixed concrete. They are represented in more than 50 countries with around 51,000 employees at almost 3,000 locations.

Key Takeaways:

• Ottawa has announced $74 million to support small modular reactor projects in Saskatchewan. 
• Officials believe these reactors can play an important role in decarbonizing provincial electricity grids and heavy-emitting industries.
•  SaskPower anticipates construction of its first SMR could begin as early as 2030, with a targeted in-service date of 2034. Additional facilities could begin construction as early as 2034.

The Whole Story:

The Government of Canada has approved up to $74 million in federal funding for small modular reactor (SMR) development in Saskatchewan, led by SaskPower.

The funding will support pre-engineering work and technical studies, environmental assessments, regulatory studies and community and Indigenous engagement to help advance projects. SaskPower has selected the GE-Hitachi BWRX-300 for potential deployment in Saskatchewan in the mid-2030s, subject to a decision to build that is expected in 2029.

Government officials noted that SMRs, a non-emitting form of energy, can play an important role in decarbonizing provincial electricity grids and heavy-emitting industries and can help remote communities reduce their reliance on costly and high-polluting diesel power. As an example, a 300-megawatt SMR can supply enough non-emitting power for an estimated 300,000 homes.

Officials noted that more than 75,000 Canadians are employed across the nuclear supply chain and have decades of experience in this area. They added that Canada’s nuclear industry is well positioned to leverage its science and technology innovation to continue to be among the leaders in the development and deployment of SMR technology.

Advancing new non-emitting electricity infrastructure projects is part of the government’s comprehensive approach to bringing clean, affordable and reliable power to every region of Canada, as outlined in Powering Canada Forward and in the draft Clean Electricity Regulations. The Government of Canada has committed over $40 billion in new federal measures to help provinces and has announced over $500 million to date in support of a variety of projects that are helping to build a clean, affordable and reliable grid in Saskatchewan specifically.

“Delivering clean, reliable and affordable electricity will look different in every region of Canada,” said Johnathan Wilkinson, minister of energy and natural resources. “That is why the Government of Canada is committing up to $74 million to explore the potential for small modular reactors in Saskatchewan to provide abundant non-emitting power, drive economic growth and create good jobs throughout Saskatchewan.” 

Up to $50 million for this project has been committed to SaskPower from NRCan’s Electricity Predevelopment Program — a $250-million program to support pre-development activities of clean electricity projects of national significance, such as inter-provincial electricity transmission projects and small modular reactors. The funding announced is conditional on the finalization of a Contribution Agreement between NRCan and SaskPower, which is currently underway.

Additionally, over $24 million for this project has been committed to the Government of Saskatchewan from Environment and Climate Change Canada’s (ECCC) Future Electricity Fund. This program returns pollution pricing proceeds to support clean energy projects, energy-efficient technologies and other initiatives that will help Canada meet its climate goals and achieve a net-zero-emissions economy by 2050. The fund is intended to help spur innovation and encourage the adoption of cleaner technologies and fuels in Canada.

SaskPower anticipates construction of its first SMR could begin as early as 2030, with a targeted in-service date of 2034. Additional facilities could begin construction as early as 2034.

Key Takeaways:

• Construction has begun on the 280,000 square-meter site and will include a six-floor building that will house approximately 345 new jobs.
• The plant is part of Ford’s strategy to localize key battery raw material processing in regions where it produces EVs.
• SNC-Lavalin has been awarded an initial works contract for the facility worth $141 million.

The Whole Story

SK On, EcoProBM and Ford will invest $1.2 billion to build a cathode manufacturing facility in Quebec. The facility will provide materials that ultimately supply batteries for Ford’s future electric vehicles.

Once production begins in the first half of 2026, the site will have the capacity to produce up to 45,000 tonnes of cathode active material (CAM) per year.

This new facility – Ford’s first investment in the province – is part of the automaker’s plan to localize key battery raw material processing in regions where it produces EVs.

“Ford has been serving customers in Canada for 119 years, longer than any other automaker, and we’re excited to invest in this new facility to create a vertically integrated, closed-loop battery manufacturing supply chain in North America designed to help make electric vehicles more accessible for millions of people over time,” said Bev Goodman, president and CEO, Ford of Canada. “We’re excited for the opportunity for our first-ever investment in Québec with a new facility that will help shape the EV ecosystem there.”

SNC-Lavalin has been award the initial works contract for the facility worth approximately $141 million. It represents SNC-Lavalin’s first major mandate in the EV battery market in Canada.

EcoPro CAM Canada LP will manufacture cathode active materials and, more precisely, high quality Nickel Cobalt Manganese (NCM) for rechargeable batteries that are targeting greater performance levels and improved EV range compared to existing products, thanks in part to EcoPro’s core shell gradient (CSG) technology.

Construction has begun on the 280,000 square-meter site and will include a six-floor building that will house approximately 345 new jobs – from engineers and sales and service professionals to co-op positions for students from local universities and colleges in Québec. EcoPro CAM Canada LP also will pursue research and development activities aiming at increasing battery safety and performance as well as increasing productivity and minimizing the environmental footprint of its manufacturing process.

EcoProBM established EcoPro CAM Canada LP in February. SK On and Ford will become investors once the deal is closed; the joint venture is subject to closing conditions and regulatory approvals. EcoProBM will oversee the day-to-day operations of the facility.

The project team noted that support from both the federal and provincial governments was vital to securing the joint investment .

“This investment once again shows that Canada is the green strategic partner of choice for world leaders in the automobile industry,” said The Honourable François-Philippe Champagne, minister of innovation, science and industry. “Today, we are helping to further position Quebec as a key hub in the electric vehicle supply chain, as we continue to build our battery ecosystem. This investment is good for the environment and for the economy, and it will ensure well-paying jobs for years to come.”

Key Takeaways:

• Carbon Engineering will be acquired by a subsidiary of international energy company Occidental.
• Carbon Engineering’s research and development activities and Innovation Center will remain in Squamish, B.C.
• Occidental’s subsidiaries are currently building the world’s largest direct air capture plant in Texas. It is expected to be commercially operational in mid-2025.

The Whole Story:

Squamish-based green technology company Carbon Engineering has been purchased for $1.48 billion. 

International energy company Occidental announced that a wholly owned subsidiary has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. for total cash consideration of approximately $1.48 billion.

The purchase will be made in three approximately equivalent annual payments, with the first at closing. This transaction is expected to close before the end of 2023, subject to Canadian court reviews, Canadian and U.S. regulatory approvals and other customary closing conditions.

Occidental has been working with Carbon Engineering on direct air capture (DAC) deployment since 2019. 

Acquiring Carbon Engineering aligns with Occidental’s integrated net-zero strategy and provides Occidental, through its 1PointFive subsidiary, the opportunity to rapidly advance DAC technology breakthroughs and accelerate deployment of DAC as a large-scale, cost effective, global carbon removal solution. Carbon Engineering’s DAC-based climate solutions utilize standardized processes and proven industrial equipment.

“We expect the acquisition of Carbon Engineering to deliver our shareholders value through an improved drive for technology innovation and accelerated DAC cost reductions,” said Occidental president and CEO Vicki Hollub. “The technology partnership also adds new revenue streams in the form of technology licensing and royalties. Importantly, the acquisition enables Occidental to catalyze broader development partnerships for DAC deployment in the most capital efficient and valuable way.” 

Upon closing, Carbon Engineering would become a wholly owned subsidiary of Oxy Low Carbon Ventures. Carbon Engineering’s personnel will continue to drive ongoing DAC technology development efforts and work closely with the Occidental and 1PointFive teams to bring DAC solutions to market. Carbon Engineering’s research and development activities and Innovation Center will remain in Squamish, B.C.

“We have always believed that global partnerships and cross-industry collaboration would be required to deploy DAC infrastructure at the scale required to make a climate-relevant impact. Carbon Engineering and Occidental have been working increasingly close together for the past five years to address the CO2 problem, making Occidental a trusted and committed partner for this next chapter in Carbon Engineering’s journey,” said Carbon Engineering CEO Daniel Friedmann. “At the core of this deeper relationship is the commitment to invest in the development of our technology here in Canada, and the global reach to accelerate implementation of DAC-based climate solutions in the U.S. and around the world.”

1PointFive is currently building Stratos, the world’s largest DAC plant, which is expected to be commercially operational in mid-2025, in Ector County, Texas. Occidental and Carbon Engineering are also adapting Stratos’ front-end engineering and design study for a DAC plant to be built at King Ranch in Kleberg County, which is part of the South Texas DAC Hub that was selected to receive a grant from the U.S. Department of Energy’s Office of Clean Energy Demonstrations.

Key Takeaways:

• The government’s target to increase housing did not require removing land from the Greenbelt.
• Political staff had substantial control over the entire Greenbelt amendment exercise.
• Overall, 92% of land removed from the Greenbelt related to five land sites involving three developers.
• The owners of the 15 land sites removed from the Greenbelt could ultimately see more than an $8.3 billion increase to the value of their properties.

The Whole Story:

In a scathing report released this month, Auditor General Bonnie Lysyk has criticized the Ontario government’s actions in 2022 to open parts of the Greenbelt for development.

Lysyk’s report argued the deal heavily favoured a small group of developers and did not consider environmental impacts.

Ontario’s Greenbelt protects farmland, communities, forests, wetlands and watersheds. It also preserves cultural heritage and supports recreation and tourism in Ontario’s Greater Golden Horseshoe. 

Prior to 2022, the Greenbelt included over 800,000 hectares of land and extended 325 km from the eastern end of the Oak Ridges Moraine, near Rice Lake, in the east, to the Niagara River in the west.

Lysyk asserted that the move was executed without due consideration of environmental, agricultural, and financial risks. The auditor general’s report argues that the process proceeded with minimal input from experts or those directly affected, while allegedly favouring specific developers and landowners.

While the people of Ontario deserve prompt action to solve societal problems like those generated by a need for housing, this does not mean that government and non-elected political staff should sideline or abandon protocols and processes that are important to guide objective and transparent decision-making based on sufficient and accurate information

-Lysyk

The investigation found that the decision to remove land from the Greenbelt for housing development was not supported by a need for increased housing. The report noted that the Housing Affordability Task Force and the chief planners of the affected regions demonstrated that the removal of Greenbelt land sites was unnecessary to achieve housing goals.

The report stated that political staff wielded considerable influence throughout the Greenbelt amendment process, with the chief of staff to the housing minister providing a select team of non-political public service staff with criteria tailored to expedite the selection of sites brought forward by specific developers. Lysyk added that the timeline for this selection process was remarkably short, severely limiting the team’s ability to conduct a thorough evaluation of the land sites and explore alternative options.

Further criticism was levelled at the fact that the government considered only a small fraction of the land removal requests submitted since the establishment of the Greenbelt in 2005. Only one out of the 22 land sites initially considered for removal was proposed by the Housing Ministry’s non-political public service staff, while the rest were directly submitted by the chief of staff. The report highlights that 92% of the land ultimately removed from the Greenbelt stemmed from proposals made by three specific developers.

“We moved too fast and there were severe flaws in the process,” said Housing Minister Steve Clark when confronted by reporters during a press conference. “We are committed completely to ensuring that the recommendations get moved forward.”

Clark denied any personal knowledge of how his chief of staff was planning land removal.

Lysyk’s findings indicate that the owners of the 15 land sites removed from the Greenbelt could potentially see an increase of over $8.3 billion in the value of their properties. 

The report points out that almost 1,000 acres of wetlands and woodlands were removed from the Greenbelt, undermining the original vision and goals of the Greenbelt Plan. Furthermore, approximately 83% of the land removed is classified as prime agricultural land, exacerbating concerns about food security and sustainable land use.

Despite some offsetting measures, the report reveals that the additions made to the Greenbelt in exchange for the land removals did not adequately address the loss of agricultural land and natural features. These additions were largely confined to areas already protected and not conducive to development.

“The exercise to change the Greenbelt boundaries in Fall 2022 cannot be described as a standard or defensible process,” Lysyk stated. “The truncated and highly restricted land selection exercise excluded substantive input from land-use planning experts in provincial ministries, municipalities, conservation authorities, First Nations leaders, and the public, while giving preferential treatment to certain developers with direct access to the chief of staff to the minister of municipal affairs and housing.” 

Premier Doug Ford stated that his government plans to work to implement the auditor general’s recommendations and urged people to focus on the positives of the deal.

“I have admitted numerous times that the process could have been a lot better and we are moving on that, but the good news story is that there are going to be 150,000 people with a roof over their heads,” he said.

Key Takeaways:

• Approvals of new renewable electricity generation projects over one megawatt are paused until Feb. 29, 2024.
• The Alberta Utilities Commission (AUC) stated that it has received complaints that these projects are proceeding too rapidly.
• The AUC plans to review the use of agricultural land and public land for wind and solar projects, land reclamation and the role of municipal governments in land selection.

The Whole Story:

Alberta is halting approvals of new renewable energy projects. 

Provincial officials announced that starting Aug. 3, the Alberta Utilities Commission (AUC) will pause approvals of new renewable electricity generation projects over one megawatt until Feb. 29, 2024, and review policies and procedures for the development of renewable electricity generation.

The AUC is an independent, quasi-judicial agency that is responsible for the approval of Alberta’s electricity generation projects.

The province explained that this approach is in direct response to a letter received from the AUC and concerns raised from municipalities and landowners related to responsible land use and the rapid pace of renewables development. 

They argued that at the end of this process, future renewable projects will be able to move forward at a pace that is “conducive to business” while maintaining responsible environmental standards. 

“Participants in our public hearings have increasingly raised concerns about the impacts and pace of renewable generation development,” said Carolyn Dahl Rees, AUC chair. “We are pleased to support the government in canvassing relevant issues for its development of policy to ensure the economic, orderly and efficient development of electricity generation in Alberta.”

Officials noted that throughout the process, Albertans will still be able to install renewable energy products in their homes and communities will be unaffected by this process.

The AUC inquiry will include reviewing the use of agricultural land and public land for wind and solar projects, land reclamation and the role of municipal governments in land selection for project development and review.

More specifically, the inquiry will inform government policy decisions around the ongoing economic, orderly and efficient development of electricity generation in Alberta and will look at issues, including:

• Development of power plants on specific types or classes of agricultural or environmental land.
• The impact of power plant development on Alberta’s pristine viewscapes.
• Mandatory reclamation security requirements for power plants.
• Development of power plants on lands held by the Crown.
• The impact of the increasing growth of renewables on Alberta’s generation supply mix and electricity system reliability.

Key Takeaways:

• Its Richmond plant now only produces ECOPlanet cement.
• ECOPlanet cement emits no more than 400kg of CO2 per ton.
• Standard Portland cements typically emit upwards of 900kg of CO2 per ton.

The Whole Story:

A Metro Vancouver cement plant just secured a major sustainability achievement. 

Lafarge Canada, a member of Holcim Group, announced its conversion to the production of 100% ECOPlanet cement at its Richmond Cement Plant. ECOPlanet, Holcim’s brand of low-carbon cement, offers a minimum 30% reduction in CO2 emissions per tonne in comparison to ordinary portland cement.

This accomplishment makes it the first cement plant within the Holcim Group worldwide to qualify 100% of its cement production as ECOPlanet.

“This is a proud moment for our organization,” said Brad Kohl, president & CEO of Lafarge Canada (West). “This conversion in Lafarge’s Western Canada division highlights our strong commitment to accelerating green growth. As leaders in sustainable building solutions, we take pride in having a positive impact on building solutions across its lifecycle without compromising the quality and long-term durability of our products.”

Lafarge officials noted that the Government of BC and CleanBC Industry Fund have been instrumental in facilitating decarbonization projects efficiently. Through the Innovation Accelerator Fund, the Richmond Plant received funding to assist with the addition of supplementary cementitious materials to cement and has been the key to decreasing the greenhouse gasses per tonne of cement produced on site.

“Globally, Holcim is a leader in sustainable building materials, and ECOPlanet is a great example of our innovative solutions,” said Toufic Tabbara, region jead of North America at Holcim. “By adopting low-carbon cement processing additions like at the Richmond plant, we continue to lower the embodied carbon in our building materials.”

According to Lafarge, the ECOPlanet range of low-carbon cement is designed to meet the most stringent performance specifications while upholding the highest standards of sustainability. With compliance with all industry standards, this cement is suitable for various applications regardless of performance requirements.

ECOPlanet cement isn’t the only environmental moves Lafarge is making at the plant. This May, officials announced a tri-party agreement with Svante Technologies Inc., and Dimensional Energy, Inc to bring a demonstration of Dimensional Energy’s carbon dioxide utilization technology to the facility.

Key Takeaways:

• The 12-storey structure will add more health capacity for the region, including 469 single patient bedrooms.
• EDIH (EllisDon Infrastructure Healthcare) secured the $3.6-billion contract to design, build, finance, and maintain the hospital.
• Work is expected to wrap up in 2028.

The Whole Story:

Crews have broken ground on 1.3-million-square-foot South Niagara Hospital in Ontario. 

“Today’s groundbreaking event for the new South Niagara hospital brings us one step closer to connecting the people of the growing Niagara region to more convenient care close to home for generations to come,” said Premier Doug Ford. “Right across the province, we’re investing nearly $50 billion over the next 10 years to support more than 50 major hospital projects. When it comes to your health, we’re building a healthcare system that all Ontarians deserve.”

The South Niagara hospital, strategically located at the intersection of Montrose and Biggar roads, is poised to bolster regional healthcare capacity. Its design aims to meet the burgeoning demands of Niagara’s aging population, encompassing centers of excellence dedicated to complex care, aging wellness, and stroke care.

Deputy Premier and Minister of Health, Sylvia Jones called it a “historic milestone” for the residents of the Niagara Region.

Lynn Guerriero, president and CEO of Niagara Health had this to say: “Niagara residents have been planning, wishing, and waiting for this hospital for more than 10 years. I am thrilled that today we have officially broken ground on this exciting new facility. The hard work, planning, fundraising, and dedication from our teams and the community is making this dream a reality. We are one step closer to building a state-of-the-art hospital that will transform how we deliver healthcare in the region and allow Niagara residents to get the care they need right in our own community.”

The 12-storey structure will add more health capacity for the region, including 469 single patient bedrooms, eight operating suites, 42 hemodialysis stations, and two MRI machines. Its services will span emergency, critical care, diagnostic, therapeutic, and surgical domains.

The South Niagara hospital aspires to become the first WELL-certified hospital in Canada, with design features prioritizing the health and well-being of hospital users, including staff and physicians. This approach aims to create a more positive workplace environment. 

Additionally, the hospital will feature an Indigenous healing space and garden, designed with input from Indigenous partners to foster culturally safe and welcoming areas for Indigenous Peoples.

EDIH (EllisDon Infrastructure Healthcare) secured the $3.6-billion contract for designing, building, financing, and maintaining the hospital back in February. Teams have been collaborating with Niagara Health staff, physicians, and patient and community partners to ensure the hospital design addresses the complex requirements of this state-of-the-art healthcare facility. 

The project team has chosen to prioritize the engagement of local sub-contractors and workers to bolster the local economy, generating multi-year economic benefits and fostering employment and community growth in the Niagara region. EDIH has already been awarding early sub-contracts to local entities and labor unions.

Decew Construction (Rankin Construction) has commenced site work, preparing for the installation of the construction trailer complex, which is expected to be completed in the coming weeks. Excavation is scheduled to commence by the end of the summer, and the entire construction process is estimated to take five years, with the hospital slated to officially open its doors in the summer of 2028.

The future looks bright for Canadian solar projects.

Just this month, federal officials announced $160-million in funding for Alberta solar projects. Zooming out, Canada’s federal government has outlined a six-year investment tax credit that puts a 30% tax credit in place for solar, wind and energy storage projects deployed through March 2034.

On the ground, this means remote Indigenous communities and power plants can transition off fossil fuels, businesses can make their operations more green and the nation can expand its power capacity without further contributing to the global climate crisis.

Here are some projects that highlighting what the power of the sun can do.

Travers Solar

Let’s start the list off with a bang. The massive Travers Solar Project began development in 2017 and it started operations late last year. It includes approximately 1.3 million bifacial solar PV modules on 3,330 acres of land in Alberta’s Vulcan County. It was funded by Greengate Power Corporation and Copenhagen Infrastructure Partners (CIP). CIP sold all of its stake in the project to Axium Infrastructure in Canada earlier this year for an undisclosed sum. According to the project’s builder, PCL, Travers Solar incorporates a tracking system with steel helical piles that rotate the solar panels to follow the sun’s path as the day progresses from dawn to dusk.

Mytilineos projects 

This one comes as a bundle. Greek industrial and power company Mytilineos Energy and Metals recently announced plans to embark on a $1.7-billion project to build five solar energy plants throughout central and southern Alberta. The company stated that the province is easily Canada’s leader in solar energy. Mytilineos says its plants will generate 2.1 terawatt-hours (TWh) per year of renewable energy, enough to power 200,000 Canadian homes for a year. The plants are Georgetown, in Vulcan County; Sunnynook, in Special Area No. 2; Dolcy, in the Municipal District of Wainwright; Eastervale, in the Municipal District of Provost; and Red Willow, in Stettler County No. 6.

Lathom Solar 

Lathom Solar (the Project) began development in 2017 and includes close to 1,000 acres of land located approximately 15 kilometres southeast of the Town of Bassano, in the County of Newell. The project will be 120 megawatts (MWac) in size. In 2021, Amazon announced they have entered into a long-term power purchase agreement for 80 MW of capacity from the site. According to the project’s owner, Greengate, construction could begin sometime this year. The estimated project cost is $170 million.

ACFN-Concord Solar Partnership

The Coaldale, Monarch and Vulcan solar farms in Southern Alberta went into service last year after receiving traditional Indigenous blessings and a ceremony. The projects are part of a $145-million partnership between Concord Pacific and Athabasca Chipewyan First Nation (ACFN). The projects are expected to deliver 150-gigawatt hours (GWh) a year to the Alberta power grid and capture about 26 GWh of electricity annually once the 2023 battery storage component has completed construction.

Nunavut projects

Communities and projects in Nunavut (Arctic Bay, Clyde River, Pond Inlet, Whale Cove, Grise Fiord Solar) are splitting more than $4 million funding that will go towards solar infrastructure. The funds flow from the Northern REACHE program which aims to support Indigenous communities in their transition from fossil fuels to renewable energies.

kīsikāw pīsim solar farm

Last fall, the kīsikāw pīsim solar farm went into operation – generating renewable electricity to help power the E. L. Smith Water Treatment Plant. The solar farm will provide up to half the energy required by the plant, which supplies 65 per cent of the water required by Edmonton and surrounding communities. With 30,350 solar panels capturing energy from the sun, the solar farm will generate enough power to cut greenhouse gas emissions by an estimated 14,000 tonnes every year. A key element of the project is the Battery Energy Storage System (BESS) connected to the solar farm. The more than 1,000 batteries are arranged in two separate sea-can style containers to store energy for later use.

 Fox Coulée

This June, French renewable energy producer Neoen started construction on a 93 MW solar power plant in Starland county, Alta. The company awarded the engineering, procurement and construction contract for the $130-million Fox Coulée plant project to Germany’s Goldbeck Solar. Once complete, it will connect to the 24.5 kV distribution network operated by local utility ATCO Electric. Work is expected to wrap up next year.

Sunnynook solar

Construction on Sunnynook Solar Energy’s Sunnynook solar plus storage project is expected to start this year after getting the green light from provincial officials in Alberta. It will have a battery energy storage system (BESS) of 200 megawatt-hours. The solar plus storage project in Southern Alberta is expected to generate enough clean energy to power 45,000 households.

Saddlebrook Solar

TC Energy’s first foray into solar power will soon have shovels in the ground. The energy company announced that it will begin pre-construction activities on the $146-million Saddlebrook Solar Project located near Aldersyde, Alta. It has the capacity to generate 81 megawatts, enough energy to power 20,000 homes annually. The initial construction includes installing solar panels on TC Energy property in the local industrial park.

Loyala Residence

Solar technology isn’t just for the open plains. Work is underway in Halifax to create the tallest solar-sided building in all of North America. The work is being done as part of a retrofit on the side of the Loyola residence building at St. Mary’s University. After inspecting the 30-year building’s concrete façade, engineers decided it need to be replaced and the school took the opportunity to include some sustainable components.

Edmonton Expo Centre

Last fall, crews began work on the largest rooftop solar array in Canada. Phase one of the Edmonton Expo Centre upgrades includes the installation of 5,754 solar panels across 193,735.5 square feet above Hall D through H. The electricity generated is expected to equal the power consumed by 375 residential homes. The city believes the energy generated will yield operational savings of $290,000 to $460,000 per year. The project was built by Delnor Construction in one of the city’s first ever IPD contracts.

Key Takeaways:

• CarbonCure’s equity round was led by Blue Earth Capital and saw support from many existing shareholders.
• The new funding also features the participation of strategic investors BH3 Growth Equity (BH3) and Samsung Ventures.
• CarbonCure plans to use the capital injection to accelerate its product roadmap and expand geographically.

The Whole Story:

CarbonCure Technologies, a Halifax-based tech company committed to reducing carbon emissions in the concrete sector, has raised more than $100 million in its latest investment round.

The equity round was led by Blue Earth Capital and saw with strong support from existing shareholders, including Breakthrough Energy Ventures, Taronga Ventures, Amazon’s Climate Pledge Fund, Microsoft Climate Innovation Fund, and 2150. Citigroup served as a financial advisor to CarbonCure during the financing process.

Notably, the new funding also features the participation of strategic investors BH3 Growth Equity (BH3) and Samsung Ventures, who contribute not only financial support but also actively engage in new product development and stimulate market demand.

CarbonCure stated that its expansion plans and product roadmap will be significantly accelerated thanks to the new capital.

Robert Niven, chair and CEO of CarbonCure Technologies, expressed enthusiasm about the investment, stating, “The financial backing of this special syndicate of investors is an exciting endorsement of CarbonCure as a go-to solution for low embodied carbon concrete, a leader in carbon removal technologies, and a provider of the highest quality carbon credits in the voluntary carbon market.”

Niven emphasized the growing demand for effective solutions and impactful strategies to drive industrial decarbonization and facilitate immediate, permanent, and verifiable carbon removal pathways.

Blue Earth Capital, a globally active investment firm committed to sustainability, played a key role in leading the investment round. Through its Climate Growth Strategy, the firm supports companies that possess the potential to generate measurable impact alongside attractive financial returns. Blue Earth Capital provides equity capital to businesses that facilitate the global energy transition and decarbonize crucial economic sectors, including large-scale production and consumption.

“CarbonCure’s technologies achieve both, on the one hand enabling concrete production with less carbon-intensive cement and on the other creating less solid waste and using less fresh water,” said Kayode Akinola, head of private equity at Blue Earth Capital. “Solutions like these are urgently needed to help meet global climate goals.”

CarbonCure plans to use the capital injection to accelerate its product roadmap and expand geographically.

Robert Niven further emphasized the positive impact of CarbonCure’s solutions:

“Our solutions help concrete producers deliver high-quality, lower carbon concrete in an efficient, economical, and non-disruptive way,” he said. “With more than 750 systems sold, this latest investment will drive CarbonCure’s deployment across the global concrete industry as the private sector doubles down on sustainability in new construction and as federal, state, and even municipal procurement policies requiring green building materials continue to multiply.”

To date, CarbonCure’s technologies have been utilized in the production of nearly five million truckloads, equating to over 37 million cubic yards of lower carbon concrete. This has resulted in saving approximately 290,000 metric tons of carbon dioxide emissions, equivalent to removing more than 64,000 gas-powered cars from the road for an entire year.