Ontario Unveils Groundbreaking Battery Storage Facility

Wind turbines in the field against blue sky with clouds 3d rendering, Conceptual image of a modern battery energy storage system with wind turbines and solar, AI Generated

Ontario has taken a major step toward a cleaner energy future with the launch of the Oneida Energy Project, a large-scale battery storage facility designed to enhance the efficiency and reliability of renewable energy. Located in Haldimand County, the $800-million project adds 250 megawatts of storage capacity to the province’s electrical grid—more than doubling the… Continue reading Ontario Unveils Groundbreaking Battery Storage Facility

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The Future of Renewable Energy in Canada

Canada is entering a crucial phase in its response to climate change, and renewable energy is emerging as the cornerstone of a comprehensive, forward-thinking solution. Insights from Corporate Knights’ Climate Dollars project show that transitioning to clean electricity across sectors can not only reduce emissions but also strengthen communities and the national economy. The roadmap… Continue reading The Future of Renewable Energy in Canada

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Federal Clean Economy Tax Credits Offer Major Incentives for Sustainable Business Investments

Canada’s net-zero 2050 strategy is being advanced through five pivotal investment tax credits (ITCs), offering substantial financial incentives for clean technology adoption. These ITCs are designed to encourage businesses to invest in clean energy, technology, and infrastructure by offering refundable credits on qualifying expenditures. Available exclusively to taxable Canadian corporations, these credits provide direct financial… Continue reading Federal Clean Economy Tax Credits Offer Major Incentives for Sustainable Business Investments

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Debunking the Myth of Renewable Energy Reliability

A widespread belief about renewable energy is that it is unreliable. Although sunlight fades at night and wind patterns vary, improvements in energy storage have greatly enhanced the stability of renewables. Excess electricity produced by solar panels and wind turbines is stored in batteries, ensuring a steady power supply even when natural resources are not… Continue reading Debunking the Myth of Renewable Energy Reliability

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Canada’s Renewable Energy Boom Drives 46% Growth in Five Years

Canada has witnessed a remarkable expansion in its renewable energy sector, with wind, solar, and energy storage capacity increasing by 46% over the past five years. As of the end of 2024, the country’s total installed capacity has surpassed 24 gigawatts (GW), according to a recent report by the Canadian Renewable Energy Association (CanREA). This… Continue reading Canada’s Renewable Energy Boom Drives 46% Growth in Five Years

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Ontario Accelerates Energy Initiatives to Meet Growing Demands

Ontario, Canada’s most populous province, is advancing its energy strategy to address the surging demands of its 15 million residents. Known for its transition from an agricultural hub to an industrial and service-based economy, Ontario has consistently adapted to meet the needs of its growing population. A landmark shift occurred in 2014 when the province… Continue reading Ontario Accelerates Energy Initiatives to Meet Growing Demands

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The Growing Potential of Wind and Solar Energy in Canada and Beyond

The rise of renewable energy, especially wind and solar, is transforming global power generation at an unprecedented pace. The International Energy Agency’s 2024 World Energy Outlook predicts renewables will generate nearly half of the world’s electricity by 2030, surpassing fossil fuels. In Canada, hydropower is the primary source of electricity, with wind and solar contributing… Continue reading The Growing Potential of Wind and Solar Energy in Canada and Beyond

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The Growing Role of Battery Storage in Renewable Energy Reliability

The United States is experiencing rapid growth in utility-scale battery storage, an essential step in addressing the challenges of a grid increasingly powered by intermittent renewable energy sources. Over the past four years, more than 20 gigawatts (GW) of battery capacity which equivalent to the output of 20 nuclear reactors have been added to the… Continue reading The Growing Role of Battery Storage in Renewable Energy Reliability

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Steady Growth on Climate Technology Amid Economic Uncertainty

In recent years, climate focused investments have gained significant traction, even as the broader economic environment faces uncertainty. This trend reflects a growing recognition of the value of sustainable practices and the potential of climate-oriented investments to drive both environmental and economic progress. These investments are fueled by various global pressures, including policy shifts, technological… Continue reading Steady Growth on Climate Technology Amid Economic Uncertainty

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Renewables Lead U.S. Energy Growth in 2024

An analysis of data from the Federal Energy Regulatory Commission (FERC) highlights that renewable energy sources have led new U.S. electrical generating capacity in 2024, with more than 90% of the additions coming from solar, wind, hydropower, biomass, and geothermal. August 2024 marked the twelfth consecutive month where solar power was the largest contributor, nearly… Continue reading Renewables Lead U.S. Energy Growth in 2024

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