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Geothermal (or earth heat) energy is a clean, renewable source of both power and heat. It is proven technology that provides baseload (24 hours a day, 365 days a year) power, has low to no emissions and one of the smallest environmental footprints of any power supply. It can be a practical and cost – effective energy solution for an entire generation of Canadians. With long term power agreements it offers long – term stable revenues over the next 20-30 years.
Borealis is currently developing geothermal power projects in Canoe Reach, south of Valemount BC and Lakelse Lake, south of Terrace, BC, with the Kitselas First Nation. We are currently moving forward with financing of our resource confirmation and power project development and we Borealis GeoPower (BGP) and Sponsor Energy Capital (SEC) are pleased to announce their collaboration to finance exploration and development of geothermal resources for power production. SEC’s approach to project financing is to source funding appropriate for the purpose with requisite returns. SEC proposes to finance the proving of highly prospective geothermal resources for the purpose of power production. BGP has two geothermal projects in development in British Columbia, Canoe Reach and Lakelse, each of which meets the criteria of being highly prospective. Click here to view the press release. To learn more, please contact: Jim Goldmann, President Craig Dunn, Chief Geologist Sponsor Energy Capital Borealis Geopower (855) 545-1160 (403) 461-8802 jgoldmann@sponsorenergy.com craig@borealisgeopower.com Comments are closed.
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Borealis GeoPower is headquartered in Moh’kins’tsis, the Niitsitapi (Blackfoot) name for the place we now call Calgary, located in the Treaty 7 region and the traditional territories of the Blackfoot Confederacy (including the Siksika, Piikani and Kainai First Nations), the Tsuut’ina First Nation, and the Stoney Nakoda (including the Chiniki, Bearspaw and Wesley First Nations). The City of Calgary is also home to Métis Nation of Alberta, Region III.
BOREALIS GEOPOWER has operations on the traditional, unceded territory of the people of the kitselas First Nation. the kitselas people are part of the larger tsimshian nation whose traditional language is sm'algyax. kitselas means "people of the canyon" in sm'algyax. the kitselas First Nation has been archaeologically documented to occupy the kitselas canyon, east of terrace (british columbia) on the skeena river, for at least 5000 years.
We are grateful to the past, present and future stewards of this land.
BOREALIS GEOPOWER has operations on the traditional, unceded territory of the people of the kitselas First Nation. the kitselas people are part of the larger tsimshian nation whose traditional language is sm'algyax. kitselas means "people of the canyon" in sm'algyax. the kitselas First Nation has been archaeologically documented to occupy the kitselas canyon, east of terrace (british columbia) on the skeena river, for at least 5000 years.
We are grateful to the past, present and future stewards of this land.
ContactPO Box 668, Station M
Calgary, Alberta T2P 2J3 |
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