1. Bill Gates-Backed Battery Tech Company Files For Bankruptcy Amid 9% Decline In Energy Sector Investments In 2023

    By Caleb Naysmith Ambri Inc., a Massachusetts-based company specializing in battery technology and supported by prominent investors such as Bill Gates, has filed for Chapter 11 bankruptcy protection. The company, under a stalking horse purchase agreement, aims to secure higher bids
  2. Active Impact backs three cleantech startups as it continues raising $120M for third fund

    By Catherine McIntyre The Vancouver-based firm has invested nearly $7.4 million in total from its third fund in California-based smart-irrigation company Lumo, and two unnamed Canadian startups planning to launch in the coming weeks. (The Logic) Talking point: Active Impact Investm
  3. Out of thin air

    By Martin Patriquin MONTREAL — The man strolls on stage in jeans and a Henley shirt rolled to the elbows, a wireless mic hovering at the left corner of his mouth. “Hi, everybody I’m Fred,” he says to attendees of the Quebec Climate Solutions Festival, held in 2023. Pacing between
  4. Head of Shopify’s carbon-removal strategy exits company

    By Jesse Snyder Stacy Kauk said in a LinkedIn post that she had left the Ottawa-based e-commerce giant, and will be replaced by Mitchel Selby, who led its Sustainability Fund. Shopify did not immediately confirm Kauk’s departure. (The Logic) Talking point: Kauk joined Shopify in 20
  5. Federal budget features $5B Indigenous loan guarantee program amid concerns over major project delays

    By Jesse Snyder The federal government unveiled a $5-billion program in its budget on Tuesday to backstop loans to Indigenous communities, part of a broader effort to streamline major projects like natural gas plants and critical-mineral mines that have languished under years-long
  6. VC deal making plummets as AI hype softens

    By Catherine McIntyre After nearly two years of relying on government grants, Tenomix co-founder and CEO Saumik Biswas decided in January 2023 that he needed venture capital to take the company to its next stage of growth. The timing wasn’t ideal. Rising interest rates and inflati
  7. Conservative conference attendees wrestle with how to own a green transition some oppose

    By David Reevely OTTAWA — The second full day of the Canada Strong and Free conservative conference struggled with a question that will likely dog the Conservative Party if Pierre Poilievre leads it to power in the next federal election: how can Canada own a green economic transit
  8. Clean Tech Companies In 'Defense Mode' Ahead Of Q4 Earnings, Yet Analyst Says This EV Stock May Offer Over 50% Upside

    By Surbhi Jain As the clean tech sector faces headwinds amid liquidity concerns and weaker-than-expected demand, JPMorgan’s analysis suggests that clean tech companies are likely to adopt a defensive stance in the upcoming Q4 earnings . Clean Tech Stocks Have Underperformed Market W
  9. In the World of Manufacturing, Safety Is Everything: Here's How Laser Photonics Is Creating Safe Eco-Friendly Laser Systems

    By Faith Ashmore In the world of manufacturing, employers and manufacturers must follow countless domestic and international regulations designed to keep workers safe. These are especially important in industries where professionals work in dangerous environments with hazardous ma
  10. Secret weapon hidden inside Inflation Reduction Act

    #energy #energyefficiency #energyefficiency #inflationreductionact #joebiden #IRA #cleantech #cleantechnology #solar #wind #renewableenergy #electricity #greenenergy #cleanpower #cleanenergy https://www.triplepundit.com/story/2023/inflation-reduction-act-clean-energy-boom/786646