Focus on Business
Crisis-hit EV battery champion Northvolt struggles to hit production targets
Northvolt, a key player in Europe’s EV battery market, struggles with production, curtails output, and faces financial woes.
Global offshore wind industry poised to miss big targets as obstacles mount
Global offshore wind faces setbacks: rising costs, delays, and missed targets jeopardize renewable energy goals by 2030.
European oil giants step back from renewables path
European oil giants, including BP, cut back on low-carbon power and refocus on oil, gas to revive investor confidence.
Forbes vows Scotland will capitalise on ‘opportunities’ of net zero transition
Scotland aims to become a global green energy leader by fostering an investor-friendly climate for net-zero projects, says Kate Forbes.
Trudeau touts embattled carbon levy to global audience, says it faces misinformation
Prime Minister Justin Trudeau is defending his embattled carbon-pricing program on the world stage, and he argues that misinformation is threatening environmental progress.
Biden aims to finalize clean fuel rule before leaving White House
Biden aims to finalize clean fuel tax credit rule and release LNG impact study before leaving office on Jan. 20, officials say.
Trump’s new energy council could mean trade opportunity for Canada: experts
Trump’s energy-focused administration may open new trade opportunities for Canada amid looming tariffs, experts suggest.
Russia resells more gas in Europe after cutting off Austria, sources, data show
Russian gas flows to Austria are halted for a second day, but other European buyers snap up unsold volumes.
New Indigenous-owned mining royalty company a first in Canada
Backed by billionaire Canadian Frank Giustra, Nations Royalty offers investors access to Indigenous-owned royalties.
Canadian Solar to invest nearly $712 million project in Kentucky to make batteries used to store energy
A $712M battery plant by Canadian Solar in Shelbyville, KY will create 1,572 jobs, boosting energy security and grid reliability.
