Significant developments in durable carbon removal (CDR) occurred this week, with Altitude, Frontier, Microsoft, and other companies signing agreements to purchase CDR credits. Altitude, Frontier, and Microsoft purchased significant amounts of CDR credits from various providers, while partnerships were formed to advance carbon removal projects. Canadian project developer Deep Sky achieved Quebec's first permanent removal and geological injection of captured CO2, and other projects such as 44.01's CO2 mineralisation in the UAE are scaling up. Financing news and research updates in the climate solutions space were also highlighted, with CDR.fyi offering free access to market insights and company profiles related to climate solutions.
Tag: Quebec
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Awendio Solaris plans multi-gigawatt solar manufacturing hub in Canada
Awendio Solaris plans to invest CAD 1 billion in a solar manufacturing facility in Montreal, Quebec, targeting the Canadian and US markets. The facility will create 1,000 jobs and produce up to 5,000 MW of solar cells and modules per year using n-type tunnel oxide passivated contact technology with a fully North American supply chain. Operations will be powered by Quebec's hydroelectric grid and on-site solar generation, with support from First Nations groups and research partnerships with local universities. Additionally, Hydro-Québec plans to deploy up to 3 GW of solar capacity by 2035, starting with a 300 MW solar tender and offering financial incentives for residential and commercial solar installations. These initiatives are expected to significantly contribute to Canada's clean energy transition and economic growth.