Chevron U.S.A. Inc., through its Chevron New Energies division, has agreed on a framework to acquire an equity interest in ACES Delta, LLC, which is a joint venture between Mitsubishi Power Americas Inc. and Magnum Development, LLC that owns the Advanced Clean Energy Storage project.
September 9, 2021, 6:31 AM MDT
Schlumberger New Energy announced an investment and collaboration agreement to deploy EnerVenue’s nickel-hydrogen battery technology, which is a key enabler of stationary energy storage solutions.
September 8, 2021, 6:38 AM MDT
August 10, 2021, 12 AM MDT
Hydrostor has secured $10 million of growth capital from BDC Capital to advance its pipeline of long-duration Advanced Compressed Air Energy Storage (A-CAES) projects.
August 4, 2021, 8:53 AM MDT
Surging demand for lithium-ion batteries to power electric vehicles (EVs) and for energy storage applications could drive major economic growth across Canada, says a new report from the Battery Metals Association of Canada (BMAC).
July 28, 2021, 10 AM MDT
TC Energy Corporation has reached agreement with the Department of National Defence that, subject to conditions and regulatory approval, allows for the development of a transformative 1,000-megawatt clean energy storage project on federal lands.
July 28, 2021, 8:39 PM MDT
The federal and British Columbia governments, as well as Shell Canada Limited, are committing $35 million each towards a new B.C. Centre for Innovation and Clean Energy, collaborating to decarbonize the economy and scale up clean energy.
July 16, 2021, 1:34 PM MDT
Quidnet Energy and Emissions Reduction Alberta (ERA), with funding from the Alberta government, have launched a project to develop an ultra-low-cost, multi-gigawatt (GW) geologic energy storage resource in Alberta, using Quidnet’s modular pumped hydro storage technology.
June 18, 2021, 6 AM MDT
ARC Financial Corp. announced today that it is expanding and diversifying the investment mandate of its most recent fund, ARC Energy Fund 9, to include companies pursuing energy transition.
June 17, 2021, 10:27 AM MDT
The Canada Infrastructure Bank (CIB) will invest up to $170 million in the half-billiondollar Oneida Energy Storage project in southwestern Ontario.
May 19, 2021, 9:54 AM MDT
By approaching the energy transition as a massive opportunity for the oil and gas industry, the Avatar program has been able to pick up as a movement, says its founder, with young professionals thriving on encouragement and support towards tackling the biggest, most exciting energy projects and environmental solutions facing the modern world.
May 6, 2021, 12 AM MDT
A long-duration energy storage solution that just received major funding support from the federal government and announced it will be working on the development of a major energy storage project in California borrows some of its processes from the petroleum industry.
May 4, 2021, 8:47 AM MDT
The federal government announced a $500,000 investment in the development of Hydrostor Inc.’s Advanced Compressed Air Energy Storage (A-CAES) technology, a scalable and emissions-free long duration energy storage solution.
April 15, 2021, 8:17 AM MDT
Both for reliability and environmental purposes, oil and gas companies want to increasingly include renewables on their off-grid installations, which makes effective battery storage a necessary tool — an issue for which Québec-based EVLO Energy Storage Inc. has a safe solution.
February 3, 2021, 8:22 AM MST
Eneon-Es Inc. is focusing on the design and fabrication of large-scale, customized, turn-key battery energy storage systems, combining the expertise of two well-established companies aiming to recharge the energy sector.
December 1, 2020, 9:33 AM MST
As the world sits on the precipice of a new low-carbon economy, built on renewable energy and energy storage, there may be few other countries as well positioned to take advantage of the transition as Canada. And one of the potential avenues to exploit the wave could be sitting in plain sight in Alberta’s oilfields.
April 16, 2020, 12 AM MDT
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