BP and Shell's Failed Green Transition Costs Billions
An in-depth look at how BP and Shell's ambitious plans to pivot to renewable energy faltered, leading to scaled-back strategies and billions in write-offs. Discover what went wrong.
Category : Search result: renewable energy investment
Virginia Wind Project Sues Over Federal Construction Halt
Dominion Energy files lawsuit against Trump administration's order halting five offshore wind projects. The delay costs over $5 million daily, threatening renewable energy goals. Read the latest.
CPPIB Invests $1B+ in Castrol Lubricants Stake
Canada's CPPIB invests up to $1.05B for a non-controlling stake in Castrol, partnering with Stonepeak in a major $10.1B energy sector deal. Read the full analysis.
Boralex gets Scottish approval for 189 MW wind farm extension
Boralex welcomes Scottish ministerial approval for its 189 MW Clashindarroch Wind Farm Extension, featuring a 50 MW battery and significant community benefits. Read about this major renewable energy milestone.
U.S. Halts Offshore Wind Leases in Security Move
The U.S. suspends leases for five offshore wind farms, citing radar interference. The move deals a fresh blow to the industry and raises legal questions.
Baytex Energy Plans Up to $625M in 2026 Capital Spending
Calgary-based Baytex Energy Corp. reveals its 2026 capital expenditure plan, targeting $550 to $625 million. The investment focuses on sustaining production in key Canadian oil fields.
NB Power seeks 15-year battery storage partnership
NB Power is launching a search for a long-term battery storage partner to support renewable energy integration. Learn about New Brunswick's clean energy strategy.
Aduro Clean Tech Prices $20M US Public Offering
London, Ontario's Aduro Clean Technologies announces pricing for a US$20 million underwritten public offering. Funds will support its demonstration-scale plant and R&D. Learn the key details.
$1.26B European Investment for Alberta Data Centres
Two European companies will build four data centres in Alberta, starting in Olds and Bonnyville, attracted by the province's energy and business climate. A major boost for local tech.
Regina's Major Biofuel Project Paused Indefinitely by FCL
Federated Co-operatives Ltd. has paused its planned canola crush plant and renewable diesel facility in Regina, impacting billions in expected economic activity. Learn the details and implications.
TC Energy CEO Advises U.S. on Energy Infrastructure
TC Energy CEO François Poirier offers U.S. guidance on speeding up oil and gas projects. The advice comes amid ongoing North American energy security and regulatory discussions.
Canada's Energy Debate Flips, Expert Advocates Realism
A seismic shift in Canada's energy conversation sees public focus turning to economic growth. B.C. expert Don Wright argues affordable energy is key to prosperity, even amid climate goals.
Boralex Names New Executive VP and GM for Europe
Canadian renewable energy leader Boralex appoints Jean-Christophe Dall'Ava as Executive VP and General Manager for Europe. Discover his vision for growth and the 2030 Strategic Plan.
Rural Councillors Reject Battery Storage System Rezoning
Ottawa's rural committee rejects rezoning farmland for a controversial battery energy storage system. Proponents cite clean energy needs, while residents fear risks. Read the full story.
Canada's First Commercial Compressed Air Storage Facility
EllisDon partners with Cache Power to build Canada's first commercial-scale Compressed Air Energy Storage (CAES) facility in Alberta, a major step for long-duration storage and grid stability. Learn about the groundbreaking project.
Construction Advances in Edmonton's Blatchford District
Significant progress is being made on Edmonton's renewable energy-powered Blatchford neighbourhood. Get the latest updates on this innovative community project.
Canadian Solar Moves Assets to Dodge U.S. China Scrutiny
Major solar panel maker Canadian Solar transfers its Chinese unit's key assets to Canadian ownership to protect U.S. market access. Get the details on this strategic shift.
SHARC Energy Q3 2025 Financial Results Show Growth
SHARC Energy announces Q3 2025 financials with revenue reaching $2.69M year-to-date, a 15% increase. CEO Michael Albertson highlights a record trajectory and a transformative 2026 outlook.
$10M Federal Investment for NB EV Chargers & Research
The Canadian government is investing $10 million to expand EV charging infrastructure and research in New Brunswick. This initiative aims to boost the province's electric vehicle network.
Canada's National Energy Corridors: Solution or Risk?
Canada considers national energy corridors to overcome provincial barriers and secure energy independence. Will $5B investment solve power grid vulnerabilities?
Ontario and Canada launch fusion energy research centre
Ontario and federal governments establish fusion energy research centre to advance clean power technology. Learn how this initiative positions Canada as a leader in sustainable energy innovation.
Nova Scotia Diesel Price Adjustment Takes Effect
Nova Scotia's energy board announces diesel price changes starting Wednesday. Learn how this affects consumers and the provincial energy market.
Ottawa close to clarity on B.C. tanker ban: Hodgson
Energy Minister Tim Hodgson announces Ottawa is nearing clarity on the B.C. tanker ban. Get the latest updates on this critical energy policy decision affecting Canada's West Coast.
Alberta and Feds Near Pipeline Deal: MOU in Works
Sources confirm Alberta and federal government are drafting a memorandum of understanding to advance new pipeline construction. Get the latest on this energy sector breakthrough.
$684M Nova Scotia-New Brunswick Power Line Approved
Nova Scotia's energy regulator greenlights $684 million transmission line connecting to New Brunswick grid, boosting regional power capacity and clean energy access.
Nova Scotia approves 54-turbine wind energy project
Nova Scotia greenlights major 54-turbine wind project expected to generate $3.7 million annually. Learn how this renewable energy initiative will impact the province's clean energy future.
X-energy raises $700M for nuclear reactor projects
Advanced nuclear company X-energy raises US$700 million in funding to expand its next-generation reactor projects across the United States. Learn how this impacts clean energy.
G20 draft declaration reveals climate change compromises
G20 leaders' draft declaration shows significant compromises on climate language ahead of summit. Fossil fuel phase-out language softened amid global divisions.
UAE Pledges $70B Investment in Canada After Carney Visit
Prime Minister Mark Carney concludes successful UAE visit with massive $70 billion investment commitment for Canada, strengthening bilateral economic ties.
Quebec's pipeline mentality is changing, says exec
The president of AtkinsRéalis Canada observes a shift in Quebec's pipeline perception, highlighting evolving energy discussions. Discover the implications for Canada's energy future.
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