News Briefs

  • Massachusetts first market in Solar Alliances sights +

    Following an agreement with Crius Solar LLC, Solar Alliance Energy Inc. has unveiled its first target market. The Vancouver-based company Read More
  • EnviroLeach sets up new lab in Vancouver +

    EnviroLeach Technologies Inc., a company that has developed a cost effective and environmentally friendly way of hydrometallurgical extraction of precious Read More
  • BioAmber makes executive and board level changes +

    Renewable chemicals company BioAmber Inc. has named Mario Settino as its CFO, replacing Raymond Land who has been serving in Read More
  • Stay the course low carbon fuel standard industry groups tell California +

    California’s low carbon fuel standard (LCFS) is getting support from 155 businesses and industry groups. In a letter to governor Read More
  • New Mexico utility chooses Enbala for DR program management +

    The Public Service Company of New Mexico (PNM) has awarded Enbala Power Networks a contract to administer the utility’s Peak Read More
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106

Stock Market

1 DOW 20,902.00
+97.16 (0.47%)    
2 S&P 2,393.11
+11.38 (0.48%)    
3 NASDAQ 6,123.56
+39.86 (0.66%)    

ZooShare Biogas Cooperative Inc. celebrated a milestone this week. The company, which is building a 500 kW biogas plant at the Toronto Zoo, has taken in a $1 million investment from 150 investors.

"We reached this goal in less than a year, which exceeded our expectations, proving the market demand for sustainable high-impact investments. Together, we can demonstrate the true value of organic waste,” said Daniel Bida, executive director of ZooShare.

Scheduled to be operational by December 2015, the facility will produce renewable power for the Ontario grid, reduce greenhouse gas emissions by over 10,000 tonnes each year, and generate above average returns for local investors.

ZooShare bonds, which are being used to build the biogas plant, pay a return of 7% each year for seven years. The bonds have the added benefit of an environmental return: the facility will recycle animal manure from the Toronto Zoo and food waste from local grocery stores into renewable power, while cleaning the air and returning valuable nutrients to the soil (in the form of a high-quality fertilizer).

"I invested in ZooShare because it checks a lot of boxes for me," said investor Julia D'Costa, "I get to actively participate in reducing local greenhouse gas emissions, plus we'll earn returns…with this project we are empowered to build our clean energy future."