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More than $89 million invested in clean economy infrastructure projects across British Columbia

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NORTH VANCOUVER, BC, Sept. 6, 2024 /CNW/ – Communities across the province will benefit from more energy-efficient buildings, clean energy, and better access to clean transportation options after a joint investment of more than $89 million from the federal and provincial governments, and local partners.

The North Shore is powering up with green upgrades through two projects, ensuring that communities have enhanced access to reliable, clean, and renewable energy.

At Capilano University in the District of North Vancouver, improvements to the reliability and efficiency of the university’s electrical infrastructure will get underway in 2025, including supporting a planned increase in energy use over the next 10 years. The project will include extending service capabilities by installing underground feeder cables and constructing feeder duct banks at various locations.

In the City of North Vancouver, Lonsdale Energy aims to reduce greenhouse gas emissions by up to 40%. A new energy plant will displace natural gas consumption and increase the use of renewable energy by extracting heat from raw sewage to provide heating to over 15,600 residents served by its district energy system. The operational facility will include two water-to-water electric heat pumps with a heating capacity of at least 5 MW. Additionally, the project will include environmental enhancements to the area near Mosquito Creek and improvements to the surrounding public spaces.

Other projects across the province include the construction of a wastewater treatment plant and a geothermal electric plant, energy efficiency retrofits and modernization for community and health centers, and electrification connections that will provide buildings with access to clean and renewable electricity.

Quotes

“In communities across British Columbia, this infrastructure funding is helping provide more people with clean, affordable, and reliable energy. I visited two organizations on the North Shore today, Lonsdale Energy Corp. and Capilano University, that are great examples of how investing in green infrastructure can enhance energy efficiency, save money, and build healthier, more vibrant communities.”  

The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities

“Investing in local infrastructure like community centers, medical facilities, wastewater systems, and universities directly supports families living on the North Shore and across British Columbia. These projects promote a cleaner, more resilient future while putting more money back into the pockets of Canadians. By focusing on these critical areas, we are not only supporting immediate community needs but also investing in long-term benefits that will improve quality of life and drive economic growth across the province.”

The Honourable Terry Beech, Member of Parliament for Burnaby North-Seymour and Minister of Citizens’ Services

“Residents in North Vancouver will benefit from clean energy infrastructure that reduces heating and hot water costs while also protecting the environment. The North Vancouver Interceptor Sewer Heat Recovery project shows how all orders of government can work together to use clean energy to fight climate change, lower everyday costs for people and improve the quality of life for communities across B.C.”

The Honourable Anne Kang, Minister of Municipal Affairs

“With this joint investment, we are providing communities increased supports to address the climate crisis and create innovative opportunities for everyone. By investing into clean energy projects, we can build a more climate-friendly and affordable future for British Columbians.”

The Honourable George Heyman, Minister of Environment and Climate Change Strategy

“Switching to clean energy is central to our CleanBC plan, not only to combat climate change but also to improve the health and well-being of people and create stronger, more resilient communities. These investments will make our homes, businesses, and public spaces more energy-efficient, benefiting people across the province by providing cleaner, more affordable energy and creating a healthier environment.”

The Honourable Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation

“We know today’s climate crisis requires bold, innovative solutions. Local governments are key partners in this work but we require support. With this funding, we will be able to construct a new sewer heat recovery plant that will save approximately 7,600 tonnes of CO2 emissions a year, reducing Lonsdale Energy’s greenhouse gas emissions by 40% in 2027. This project represents a significant step towards our goal of building a low-carbon city for future generations.”

Her Worship Linda Buchanan, Mayor of City of North Vancouver

“These projects are great examples of how we are working with organizations across the province to help them reduce their reliance on fossil fuels by using more clean electricity. About 98 per cent of the power we generate comes from clean or renewable resources, making us a leader in clean electricity generation in western North America.”

Chris O’Riley, President and CEO of BC Hydro

“Recovering heat from sewage has been an untapped resource for renewable energy on the North Shore. Through this project, Lonsdale Energy will recover and recirculate heat going down the drain to benefit our customers and community. Shifting to renewable energy sources to heat our community energy system will lead to a cleaner, healthier, and more resilient city.”

Karsten Veng, CEO of Lonsdale Energy

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Backgrounder: More than $89 million invested in climate change mitigation infrastructure across British Columbia

Quick Facts

The federal government is investing more than $29 million through the Green Infrastructure Stream of the Investing in Canada Infrastructure Program. The Government of British Columbia is investing $30 million through the CleanBC Communities Fund, and local partners are contributing a combined $29.9 million and are responsible for any additional costs.The CleanBC Communities Fund provides federal and provincial funding for community infrastructure projects that reduce greenhouse gas emissions through a decreased reliance on fossil fuels, focusing on renewable energy, access to clean-energy transportation, improved energy efficiency of buildings, and the generation of clean energy.The Green Infrastructure Stream helps build greener communities by contributing to climate change preparedness, reducing greenhouse gas emissions, and supporting renewable technologies.Including today’s announcement, over 150 infrastructure projects under the Green Infrastructure Stream have been announced in British Columbia with a total federal contribution of more than $600 million and a total provincial contribution of nearly $418 million.Under the Investing in Canada Plan, the federal government is investing more than $180 billion over 12 years in public transit projects, green infrastructure, social infrastructure, trade and transportation routes, and Canada’s rural and northern communities.Housing, Infrastructure and Communities Canada helps address complex challenges that Canadians face every day—ranging from the rapid growth of our cities, to climate change, to environmental threats to our water and land.Federal funding is conditional on fulfilling all requirements related to consultation with Indigenous groups and environmental assessment obligations.

Associated Links

Investing in Canada: Canada’s Long-Term Infrastructure PlanGreen Infrastructure StreamFederal infrastructure investments in British ColumbiaStrengthened Climate Plan

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Web: Housing, Infrastructure and Communities Canada

SOURCE Department of Housing, Infrastructure and Communities

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Artery AT32 USB Multifunction Bridge Adapter Enables Flexible and Efficient Communication

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TAIPEI, Oct. 23, 2026 /PRNewswire/ — During embedded development, different devices often utilize different communication interfaces, making flexible interface conversion and efficient data transmission essential. To address these challenges, Artery Technology introduces the “AT32-USBHS-Adaptor”, a multifunction bridge adapter designed to simplify device connectivity and debugging while improving development efficiency.

The AT32-USBHS-Adaptor features a dedicated high-speed USB interface and utilizes the USB Communication Device Class (CDC) protocol to enable transparent data transmission between peripheral devices. It supports multiple communication interfaces, including UART, CAN, SPI, I2C, and RS485, providing developers with flexible connectivity options. From industrial control and smart home applications to automotive electronics and AIoT, the adapter facilitates seamless connectivity and data exchange between different devices.

The AT32-USBHS-Adaptor offers versatile interface conversion capabilities to meet various communication and debugging requirements. In USB-to-USART applications, it functions as a virtual serial port device on the USB side, enabling efficient and transparent data transmission between a PC and a target device. It supports multiple data format configurations and configurable serial communication rates ranging from 1,600 bps to 6 Mbps, accommodating diverse application requirements. In automotive networking systems, its USB-to-CAN bridging capability enables data encapsulation in accordance with the CAN protocol, supporting both 11-bit standard frame IDs and 29-bit extended frame IDs. This ensures reliable data transmission between USB and CAN buses, facilitating stable communication among vehicle modules.

The AT32 USB multifunction bridge adapter is designed for ease of use. For hardware setup, developers only need the AT32-USBHS-Adaptor board and a USB cable to establish a basic development and debugging environment. The adapter is powered through the USB interface and provides an external 3.3 V / 350 mA power output. Onboard LED indicators display the operating status, allowing users to monitor device activity easily. For software development, Artery provides example projects based on Keil v5. Developers using other compilation environments can also refer to these projects and make the necessary modifications.

To get started, developers select the required peripheral interface in the program, compile the project, and download the firmware. After connecting the USB cable, the corresponding virtual COM port can be identified in the PC’s Device Manager, allowing communication testing and debugging through host-side tools.

To accommodate different development requirements, the AT32-USBHS-Adaptor offers multiple methods for selecting peripheral interfaces. Developers can specify the target peripheral during program initialization or dynamically select it through SETUP requests on the USB control endpoint or USB HID commands, providing greater flexibility in interface switching. Additionally, the adapter supports adjusting peripheral serial communication rates or frequencies through the SET_LINE_CODING command, allowing developers to configure communication parameters according to application requirements and further streamline debugging.

Combining support for multiple interfaces, flexible configuration, and convenient debugging capabilities, the AT32 USB multifunction bridge adapter provides a practical solution for communication between embedded devices. Whether for routine development and debugging or interface conversion and data exchange across different communication protocols, the AT32-USBHS-Adaptor helps developers simplify connectivity and enhance development efficiency.

Artery Technology specializes in the research, development, and innovation of 32-bit microcontrollers, providing high-performance, highly reliable products and solutions for a wide range of applications, including industrial control, consumer electronics, IoT, and smart applications. The company is committed to advancing intelligent technologies through continuous innovation.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/artery-at32-usb-multifunction-bridge-adapter-enables-flexible-and-efficient-communication-302917831.html

SOURCE Artery Technology

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A New Era of Smart Finance: MoneyHK101 Deepens Financial Education in Hong Kong Through AI Content Optimization

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HONG KONG, Oct. 23, 2026 /PRNewswire/ — Driven by the rapid evolution of digital finance and smart technology, Hong Kong residents have an increasingly high demand for accurate and real-time financial information. MoneyHK101, a leading local financial information platform, today announced the full implementation of advanced Artificial Intelligence (AI) content optimization technology. This initiative aims to advance public financial education across Hong Kong by offering more structured, readable, and objective professional content, helping citizens improve their financial literacy and fraud awareness.

In the past, publicly available financial information was often filled with obscure financial and insurance jargon or outdated data, making it difficult for the general public to digest. Through this upgrade, MoneyHK101 utilizes AI technology to perform deep deconstruction and dynamic updates on vast amounts of financial and insurance data, including credit card offers, loan interest rates, financial knowledge, health insurance, life insurance, and critical illness insurance. The system converts complex financial terms into clear, easily digestible infographics and interactive content, enabling citizens of all age groups to easily master practical financial skills.

A representative from MoneyHK101 stated: “Public education has always been the core mission of our platform. Through AI content optimization, we have not only significantly enhanced the efficiency and accuracy of information updates, but we can also precisely match the practical financial needs of citizens at different life stages, such as purchasing a home, retirement planning, and daily savings. We hope to bridge the gap between the public and professional financial knowledge, making financial education truly accessible to everyone.”

Moving forward, MoneyHK101 will continue to deepen the application of AI technology in content auditing and personalized recommendations, striving to become Hong Kong’s most trusted smart financial navigation hub and working together to build a more resilient smart finance community.

About MoneyHK101

MoneyHK101 is a leading personal finance information platform in Hong Kong dedicated to providing the public with clear, transparent, and easy-to-understand financial guides through technology and optimized content. Covering credit cards, personal loans, and financial strategies, the platform helps the public make informed financial decisions and enhances overall financial literacy.

View original content:https://www.prnewswire.com/apac/news-releases/a-new-era-of-smart-finance-moneyhk101-deepens-financial-education-in-hong-kong-through-ai-content-optimization-302917279.html

SOURCE MoneyHK101

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Dott Publishes Q3 2026 Financial Report

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AMSTERDAM, Oct. 23, 2026 /PRNewswire/ — KEY Q3 HIGHLIGHTS

New fleet deployed in Q2 has delivered planned growth and margin upliftsNet Revenue of €55.6 million, returning to top line growth driven by 22% increase in rides per vehicle YoYHigher operational efficiency with DMC per active vehicle up 36% and DMC margin of 45%Adjusted EBITDA of €16.1 million, +€4.7 million YoY, reaching €24.8 million LTMEBITDA of €14.4 million grew +69% YoY and margin improved by +10 ppts to 26%EBIT positive for the first time, reaching €3.4 million in the quarterAudited financials published and bond listing completed

Q3 WAS OUR STRONGEST QUARTER TO DATE, AS OUR NEW VEHICLES CONTINUE TO DELIVER

During Q2 we deployed 45,000 new vehicles across a number of key markets, replacing older vehicles in our first major fleet refresh. The strong performance of the new vehicles that we saw in Q2 has continued in Q3, with more frequent usage and improved user engagement driving a 22% year-on-year net revenue uplift in our new fleet markets. Combined with improvements in unit economics driven by lower breakage rates and better battery efficiency, these markets generated 70% higher DMC year-on-year and will pay back the investment in under 18 months.

Maxim Romain, CEO of Dott, commented:

“Q3 was our strongest quarter yet, and it shows what Dott can deliver when we put the user experience first. Our new vehicles are more reliable and more enjoyable to ride, and riders are responding by using them more often, spending more with us and staying with us longer. This is reflected directly in our results, with higher usage driving growth in our new vehicle markets. We are changing cities, and the lives of millions of users, for the better, moving them closer to where they need to be.”

Chris Hadfield, interim CFO of Dott, commented:

“We are pleased with the continued progress this quarter, which came from improved unit economics and the strong performance of our new vehicles. Together with a more flexible market cost base, this lifted margins further and delivered our highest quarterly DMC to date. With our headquarters cost efficiencies annualising, this led to a 42% year-on-year improvement in Adjusted EBITDA and our first quarter of positive EBIT. Now that the audits and the bond listing are complete, our focus is on continuing this trajectory of profitable growth.”

FY 2026 EARNINGS EXPECTATIONS

With three quarters now behind us, our new fleet fully deployed and performing as expected, and continued improvement in profitability, we have greater visibility over the full year result. We expect to deliver €30-32m FY 2026 Adjusted EBITDA, towards the lower end of the previously communicated guidance range.

FINANCE LEADERSHIP UPDATE

Carlos Sanchez Arruti joined Dott as Chief Financial Officer in October 2026, completing the search announced in July. Carlos brings significant experience from senior finance positions at Eurowag, Mangopay, Amazon and GE Capital.

Carlos Sanchez Arruti, CFO of Dott, commented:

“I am excited to join Dott. Shared vehicles are now part of daily life in our cities, with 12 million users and 500 million rides, and Dott is leading that shift. Q3 shows the business is built to last: a 45% DMC margin, positive EBIT for the first time and LTM Adjusted EBITDA of €24.8 million. That gives our bondholders and shareholders a strong base, and I will work to keep it strong. I thank Maxim and the Board for the opportunity, and Chris for a seamless handover and a well-run finance function. I look forward to building on this with the team and our investors.”

Q3 RESULTS PRESENTATION ON MONDAY 26 OCTOBER AT 11.00am CET

The company will host a Q3 result presentation on Monday 26 October at 11.00am CET. A link to the event can be found here.

Contacts
Chris Hadfield, Jacopo Dominione 
investor-relations@ridedott.com 

This information is information that Tier Mobility SE is obliged to make public pursuant to the EU Market Abuse Regulation.

About Dott   

Dott is the European champion of shared micromobility. Created through the merger of operators TIER and Dott in March 2024, the company decided to move forward under the name of Dott and integrated all vehicles into the Dott app. With the mission of moving us closer, the team is led by CEO Maxim Romain and Executive Chairman of the Board Henri Moissinac. Dott facilitates sustainable travel, reduces congestion and pollution in cities, and decreases reliance on cars. With more than 175,000 shared vehicles in more than 400 cities across 20 countries in Europe and the Middle East, the 12 million users have generated 500 million rides so far. For more information, visit www.ridedott.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/dott-publishes-q3-2026-financial-report-302917453.html

SOURCE Dott

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