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Energy.

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optimistic corporate update

Corvus Energy wins top industry awards for third consecutive year

2 dozen new projects totaling over 15MWh

Corvus Energy won both Supplier of the Year and Innovation of the Year awards at the 2017 Electric & Hybrid Marine World Expo for the third consecutive year. The company has secured over 2 dozen new projects totaling more than 15MWh using their Orca ESS battery technology since its launch.

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Corvus Energy
Jun 15
exciting project development

EnviroLeach announces construction of environmentally friendly e-waste processing facility

10 tonne per day e-waste processing facility under construction

EnviroLeach Technologies has commenced construction of North America's largest environmentally friendly e-waste processing facility in partnership with Mineworx Technologies (TSXV:MWX) in Coquitlam, BC. The 10 tonne per day plant will process 2,500 tonnes annually of printed circuit boards using proprietary water-based chemistry with FDA-approved ingredients. The facility is expected to be operational by Q4 2017 and represents a significant advancement in green precious metals extraction from electronic waste.

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EnviroLeach Technologies Inc.
Gold Silver Jun 8
optimistic energy project

Corvus Energy Orca ESS to power one of the world’s cleanest offshore platform supply vessels

533kWh energy storage system replacing LNG genset with 1 tonne daily fuel savings

Richmond-based Corvus Energy has been selected by Wärtsilä to supply lithium-ion energy storage systems for retrofitting the Viking Princess offshore platform supply vessel. The 533kWh Orca Energy ESS will replace one LNG genset and deliver 1 tonne of fuel savings per day in North Sea operations.

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Corvus Energy
Lithium Jun 7
forward thinking project development

CNL seeks input on small modular reactor technology

Request for Expressions of Interest launched for SMR technology development

Canadian Nuclear Laboratories launched a Request for Expressions of Interest to gather input from SMR technology developers and stakeholders on small modular reactor deployment in Canada. The initiative runs from June 1 to July 31, 2017, with CNL positioning itself as a potential host for Canada's first demonstration SMR facility. CNL plans to begin generic site selection and licensing processes for the first demonstration reactor later in 2017.

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Canadian Nuclear Laboratories
Uranium Jun 5
optimistic energy project

New winds are blowing: Canada’s energy shifts to renewable resources

5,000 renewable megawatts by 2030

Canada is significantly shifting toward renewable energy, with wind power contributing 4% of national electricity generation in 2015. Alberta plans to add 5,000 renewable megawatts by 2030 and eliminate coal-fired power, while wind energy is expected to create 52,000 jobs through the WindVision 2025 initiative.

Wind Solar May 24
optimistic energy project

Wind industry set to deliver long-term economic, environmental benefits

5,000 MW of new renewables by 2030

The Canadian Wind Energy Association's Alberta Summit showcased the province's plan to achieve 30% renewable electricity by 2030, requiring 5,000 MW of new renewable capacity and billions in investment. Alberta launched its first competitive procurement for 400 MW of renewable energy in March 2017, with wind being the lowest-cost option alongside natural gas.

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Canadian Wind Energy Association
Wind Gas May 10
optimistic financing

Peak Power receives strategic investment from Osmington Inc., to target energy storage industry

Strategic investment from Osmington Inc.

Peak Power Inc., an energy storage service provider, announced a strategic investment from Osmington Inc. to support expansion of its North American energy storage market operations. The investment will help Peak Power scale its behind-the-meter energy storage solutions and Virtual Power Plant technology through its Peak SYNERGY software platform.

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Peak Power Inc.
Energy May 4
forward thinking energy project

B.C. and Canada partner on investment in clean-energy technology

$40-million partnership for clean-energy technology

The Government of British Columbia and Government of Canada announced a $40-million partnership to support pre-commercial clean-energy projects and technologies. The funding combines $20 million from B.C.'s ICE Fund with federal contributions through SDTC's SD Tech Fund. Applications will open in early April 2017 for a three-year continuous intake period targeting technologies that reduce greenhouse gas emissions.

Apr 21
optimistic project development

Turbines and generators contractor starts work on Site C

$470M turbines and generators contract mobilization

Voith Hydro Canada has mobilized to BC Hydro's Site C construction site to begin work on six turbines and generators under a $470-million contract awarded in March 2016. The contractor will build an on-site manufacturing facility and expects peak installation work in 2022 with 150 workers, as the project progresses toward completion in 2024.

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BC Hydro
Hydroelectric Apr 20
optimistic resource estimate

Digging deep into metals & minerals: Scotiabank Special Report

Commodity Price Index up 6.4% m/m in January

Scotiabank released its March 2017 Commodity Price Index showing a 6.4% monthly gain driven by strong metals and oil performance. The report provides price forecasts for major commodities through 2018, with zinc showing the strongest fundamentals due to concentrate shortages. The timing coincides with the annual PDAC convention in Toronto, reflecting renewed optimism in the mining sector after prices hit cycle lows in 2016.

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Scotiabank BNS
Gold Copper Mar 10
forward thinking energy project

IKEA makes move to purchase second wind farm in Alberta

$58.6M wind farm acquisition

Ikea Canada acquired the 88-megawatt Wintering Hills Wind Power Facility near Drumheller, Alberta for $58.6 million in January 2017. This marks the company's second wind farm purchase in Alberta as part of its strategy to achieve energy independence by 2020.

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Ikea Canada
Wind Mar 7
optimistic energy project

Pattern Development completes largest wind power project in British Columbia

184.6 MW wind facility completed

Pattern Development completed the 184.6 MW Meikle Wind facility in British Columbia, making it the province's largest wind project and increasing provincial wind capacity by 37%. The facility can power 54,000 homes and has a 25-year power purchase agreement with BC Hydro.

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Pattern Energy Group LP PEGI
Mar 6
exciting energy project

The Age of Solar? Cutting-edge technology is helping to usher in a new era of alternative energy use

100 times more solar panels using same amount of silicon

Rayton Solar has developed a patent-pending silicon cutting process that produces up to 100 times more solar panels using the same amount of silicon, with 25% increased efficiency and 60% lower manufacturing costs. The technology uses three-micron thick wafers from Float Zone silicon and could significantly advance solar energy adoption.

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Rayton Solar
Solar Mar 3
forward thinking energy project

“CanaPux” – converting crude oil to solid pellets touted by CN

Patent filed for bitumen pellet technology

CN Rail has filed a patent for CanaPux technology that converts oil sands bitumen into solid pellets wrapped in polymer for safer rail transport. The pellets are designed not to explode, leak, or sink if spilled, and can be easily retrieved in case of accidents.

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CN Rail
Oil Bitumen Mar 3
cautious project development

Teck updates Fort Hills Capital costs projection—pegged at $805 million, up 10%

$805 million capital costs projection, up 10%

Teck Resources updated its Fort Hills oil sands project guidance, raising capital cost projections to $805 million (up 10%) due to impacts from the 2016 Fort McMurray wildfire and productivity challenges. The project remains on track for first oil in late 2017, with construction 76% complete and nameplate capacity increased to 194,000 barrels per day.

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Teck Resources Limited
Oil Mar 2
optimistic project development

Geothermal sustainability closer than ever in British Columbia

Canada's first geothermal village development

The Village of Valemount, British Columbia is working with Borealis Geothermal to develop a comprehensive geothermal energy project that would make it Canada's first geothermal village. The project aims to provide heating, create jobs, and diversify the local economy away from declining forestry through tourism, hot springs, and an industrial park powered by geothermal energy.

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Borealis Geothermal
Geothermal Mar 1
optimistic energy project

Wind energy continues strong growth in Canada in 2016

702 MW of new wind capacity added in 2016

Canada's wind energy industry added 702 MW of new capacity in 2016 through 21 projects across Ontario, Quebec and Nova Scotia, bringing total installed capacity to 11,898 MW. The Canadian Wind Energy Association expects approximately 700 MW of additional capacity in 2017, with wind energy remaining one of Canada's most cost-competitive electricity sources alongside natural gas.

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Canadian Wind Energy Association
Gas Feb 16
optimistic corporate update

Grasshopper Solar commemorates 10th anniversary with launch of new Guaranteed Funding Program

$30,000 guaranteed funding program launched

Grasshopper Solar launched its new Guaranteed Funding Program offering up to $30,000 to Ontario homeowners for solar installations at no upfront cost. The company is celebrating its 10th anniversary, having completed over 3,000 residential installations and managing Canada's largest residential solar fund with over 40MW of installed capacity.

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Grasshopper Solar
Feb 7
optimistic corporate update

Corvus Energy to deliver ultra high power battery solution for hybrid port equipment

65% fuel savings

Corvus Energy will provide newly-designed lithium-ion energy storage systems for hybrid rubber-tired gantry cranes at Shanghai's Yidong Terminal. The ultra high power battery solution delivers up to 65% fuel savings compared to conventional diesel electric port cranes while reducing emissions and noise levels.

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Corvus Energy
Lithium Jan 20
optimistic project development

Mexican energy reform: follow “first movers” to find oil and gas opportunities in the south

First Alberta company awarded onshore field in Mexico

International Frontier Resources Corp. was awarded Tecolutla Block 24 in Mexico, becoming the first Alberta company to secure an onshore oil and gas field under Mexico's historic energy reform. The company formed joint venture Tonalli Energia and expects to begin operations in the first half of 2017, positioning itself as a 'first mover' in what it considers one of the world's largest energy investment opportunities.

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International Frontier Resources Corp.
Oil Gas Jan 18
retrospective corporate update

Oilsands pioneer James “Jim” Carter inducted into the 2017 Canadian Mining Hall of Fame

$12-$13 per barrel operating costs achieved

James 'Jim' Carter was inducted into the 2017 Canadian Mining Hall of Fame for his pioneering work in Alberta's oilsands industry. His innovations at Syncrude included implementing large-capacity trucks for overburden removal and developing hydro transport technology that reduced costs and emissions. Carter helped reduce Syncrude's operating costs to $12-$13 per barrel, making oilsands economically viable.

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Syncrude
Oil Jan 12
neutral corporate update

Talking energy with Greg Reimer

Canadian Mining and Energy magazine published a podcast interview with BC Hydro's executive vice-president Greg Reimer covering the Site C Dam project progress, electricity demand drivers, and infrastructure challenges. Reimer discussed how BC Hydro maintains some of North America's lowest electricity rates despite necessary rate increases.

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BC Hydro
Hydro Jan 3
forward thinking corporate update

One on one with Sergio Marchi (Part 2)

Canadian Electricity Association CEO Sergio Marchi discussed the electrification of Canada's North, the future of the electricity industry, and visited the SunMine solar project in Kimberley, B.C. The interview was conducted following a Cranbrook Chamber of Commerce luncheon.

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Canadian Electricity Association
Electricity Dec 19
cautious environmental

Crude oil tanker moratorium on British Columbia’s north coast

$5 million maximum penalty for violations

The Government of Canada announced plans to introduce legislation by spring 2017 formalizing a crude oil tanker moratorium on British Columbia's north coast, covering the Great Bear Rainforest area from Alaska to northern Vancouver Island. The moratorium will prohibit tankers carrying crude oil or persistent oil products from entering ports in the region, with penalties up to $5 million for violations.

Oil Gas Dec 7