Laurence D. Fink and Santiago Calatrava at the Wilson Awards. By Wilson Center. [CC BY-SA 3.0 or GFDL], via Wikimedia Commons. Investment firm Blackrock put companies on notice Tuesday that they must have a social purpose in order to receive funds from the organization. In a letter to business leaders, Blackrock founder and CEO Laurence D. Read More
Photo by Marshman via Wikipedia.Miners in Canada’s far north operate under some of the harshest conditions on the planet, where outsized energy challenges come with the territory. Robin Goad knows this well. Goad is President and CEO of Fortune Minerals, a North American development-stage mining company. The firm is developing the vertically-integrated NICO cobalt-gold-bismuth-copper project, which Read More
The mining sector now has a strong, mutually beneficial relationship with the renewable energy sector on both the supply and demand sides, analysts say. The link between the industries will tighten as demand for the materials used in clean energy infrastructure grows. Mining will be crucial to meeting the need for materials like lithium and steel, Read More
Mining firms could halve energy costs by adopting effective energy management programs, according to a new report from Deloitte. The report details how renewable energy projects can give operators a competitive advantage while also demonstrating commitment to reducing greenhouse gas emissions. “Our analysis shows that having an effective energy management program in place, and with renewables Read More
Photo by K2 Space via Flickr. CC by 2.0. Climate concerns will be central to the investment decisions of Canada’s second-largest pension fund, CEO Michael Sabia announced last month. The Caisse de dépôt et placement du Québec will slash the carbon footprint of its investment portfolio 25 percent by 2025. The fund will increase low-carbon investments Read More
Photo by Sirbatch - Own work, CC BY-SA 3.0, via Wikipedia. A maze of abandoned gold mines beneath the city of Bendigo is about to power Victoria’s modern economy. The Victorian government is backing a plan to convert the Central Deborah Gold Mine into a pumped hydro site. The project will use surplus solar power to Read More
Essakane Mine. Photo by Iamgold [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons The Banque Internationale pour le Commerce, l’Industrie et l’Artisanat du Burkina will provide $16.5 million in financing to Eren Renewable Energy for a 15 MW solar power plant in Burkina Faso. The new project is the result of a March 2017 power purchase agreement Read More
Contractors installing SunSHIFT's movable solar farm at the Century Zinc Mine and processing plant. Movable solar company SunSHIFT is moving up in the world. The Sydney-based firm landed a new deal to power the Century Zinc Mine, a New Century Resources site located in Queensland. The portable and scalable system will be built with SunSHIFT’s one-megawatt Read More
As an expert in off-grid hybrid power solutions for BBA, Nicholas Allen has vital insights on how a widespread emphasis on carbon reduction is shaping energy choices for the mining industry. “With the addition of a carbon tax, which can increase energy costs by 10% or more, you can see how carbon is now a top Read More
“Commercial and industrial facilities are rapidly embracing battery energy storage – Navigant Research expects it to be a $10.8 billion market by 2025,” reports Mike Grunow, Vice President of Marketing at ViZn Energy Systems. In this week’s Q&A interview, Grunow provides insights on how energy storage systems are being used to more smoothly integrate renewable energy Read More
