Ballard Power falls after serious setback in Chinese market

Ballard Power today announced it has signed an agreement with Brazil's WEG Industries. John Sheridan, Ballard’s President and CEO said the agreement "...will be an important enabler for increased fuel cell product traction in the fast-growing Brazil market."

Ballard Power’s (TSX:BLD) attempts to crack the potentially lucrative Chinese market for hydrogen fuel cell buses and backup power were dealt a serious blow after the company today announced that its Chinese partner, Azure Hydrogen Energy Science and Technology, had breached previously announced contracts. The Vancouver-based cleantech says it will terminate contracts related to the […]

GreenPower Motor Company Chairman Fraser Atkinson talks to Cantech Letter

GreenPower 1

Economic sense, environmental sense. Are the two simply parallel lines? In the wake of B.C. Transit’s decision to ditch Whistler’s splashy hydrogen bus fleet at a fraction of its original cost, naysayers might feel emboldened in arguing for the affirmative. But the real answer is that alternative energy solutions are challenging their legacy incumbents across […]

The 10 Best Performing TSX Cleantech Stocks of 2014

The Catalyst Paper Mill in Poweel River, B.C. has a history that dates back more than a century. (Photo: Courtesy David Stanley, Flickr. )

It was a pretty bland year for cleantechs in Canada. The S&P/TSX Renewable Energy and Clean Technology Index ended pretty much where it began, and as of Friday, December 12th, the index contained just a single stock that had posted a triple digit gain, and that was just barely. A quarter of the way through […]

Would you buy a house near a wind farm?

A wind farm near Merlin, Ontario.

The question of whether wind farms affect the value of properties around them hasn’t exactly been a breeze to figure out. As wind energy makes an increasing contribution to the grid the issue has become a global one, but a new study from the University of Guelph published in the Canadian Journal of Agricultural Economics […]

Pure Technologies’ Oil and Gas Business Could be Transformed by HM Acquisition, says Mackie

Mackie Research Capital analyst Raveel Afzaal notes that Hunter McDonnell Pipeline Services has more than 200 clients and very little overlap with Pure Technologies' much smaller oil and gas client base. He believes that the pickup could prove transformative to Pure's oil and gas pipeline inspection business.

The acquisition of the oil and gas pipeline inspection services business and related assets of Hunter McDonnell Pipeline Services (HM) could be “transformative” for Pure Technologies’ (TSX:PUR) oil and gas business, says Mackie Research Capital analyst Raveel Afzaal. Last Friday, Pure Technologies announced it would acquire the oil and gas pipeline inspection services business and […]

The NHL, which uses millions of gallons of water a year, needs tech solutions

Ex-Rangers goalie Mike Richter: “For me, the beauty of a frozen lake is more than free ice time; it is freedom itself. So it is truly a loss when these opportunities vanish in the shifting terrain of climate change.”

With the 2014-2015 National Hockey League season about to get underway, the NHL will be scrutinizing a few of its more wasteful practices as highlighted in its very first Sustainability Report, published this past summer. The NHL, while not single-handedly a significant climate villain, does require a lot of increasingly scarce resources to operate. For […]

Ottawa’s BluMetric Awarded Contracts On Panama Canal and In Canada’s North


Ottawa Cleantech firm BluMetric Environmental Inc. has announced two major new deals, following on from recent contracts totalling over $2 million. The first contract, announced yesterday, is an environmental consulting services contract with Public Works and Government Services Canada (PWGSC) in the Northwest Territories, Nunavut and the Yukon, valued at approximately $3 million over three […]

Hydrogenics climbs after announcing plans for Ontario energy storage plant


Shares of Hydrogenics (TSX:HYG) are up today after the company announced it had been selected to partner with Enbridge on a Power-to-Gas storage plant that will deliver two megawatts of storage capacity and will be located in the Greater Toronto Area. Hydrogenics will supply its proton exchange membrane electrolyzers, which deliver carbon-free hydrogen without a […]