The article "Sustainaville - Canada's First Geopark" written by the Energy Futures Lab Fellows; talks about how through geothermal energy, Borealis Geopower is planning on establishing a geopark called “Sustainaville” in Valemount, BC. This project will provide the opportunity to bring about locally grown foods through greenhouses, eco-tourism attractions and micro-power for commercial uses, all while using a renewable resource with little to no environmental footprint.
Click here to read the full article. In the article, “Geothermal company bends Ministers’ ears; gets ready to drill” written by Laura Keil from The Rocky Mountain Goat News; talks about Borealis Geopower ensuring the awareness of the Provincial NDP government and the Green Party concerning their geothermal project in Canada. The recent installation of the first seismic monitoring meters in Canada has the company excited to be a step closer towards bringing geothermal energy to the BC regions.
Click here to read the full article from The Rocky Mountain Goat News. A letter of intent is moving forward between both parties, Borealis and P Squared Renewables, setting out the basic terms and conditions of the transaction.
In addition, Borealis’ seismic program is now underway bringing them one step closer towards the completion of the Canoe Reach Energy Project. This program allows them to detect subsurface structures including faults and fractures. Executive Chair of P Squared, Shabir Premji, stated the following: “This is an exciting development for Borealis and P Squared. Canadians have enthusiastically endorsed recent National and Provincial government initiatives for the domestic development of renewable power sources as important contributors to the future energy mix. We are pleased to provide public investors a means of participating in Canadian-focused renewable energy projects such as the Canoe Reach Energy Project” Click here to read the full article. |
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November 2019
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