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Magma Energy
Alterra Power Corp. a subsidiary of Innergex Renewable Energy Inc., is a diversified renewable power generation company based in Vancouver, British Columbia, Canada. It was formed in 2011 through the merger of Magma Energy Corp. and Plutonic Power Corp. It develops, owns, acquires and operates hydroelectric, wind, solar energy and geothermal projects. On February 6, 2018, Innergex Renewable Energy Inc. completed the acquisition of Alterra including all its assets. Merger On 7 March 2011, it was announced that Magma Energy and Plutonic Power would merge to create Alterra Power Corp. Magma Energy was renamed Alterra Power and each shareholder of Plutonic Power received 2.38 shares of Magma for each Plutonic share held. As a result, the merged company owns two geothermal power plants in Iceland, and one in Nevada (since sold), one run of river hydro plant and one wind farm in British Columbia and an option on a solar project in Ontario. Power plants Projects Toba ...
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Vancouver
Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. The Greater Vancouver, Greater Vancouver area had a population of 2.6million in 2021, making it the List of census metropolitan areas and agglomerations in Canada#List, third-largest metropolitan area in Canada. Greater Vancouver, along with the Fraser Valley Regional District, Fraser Valley, comprises the Lower Mainland with a regional population of over 3 million. Vancouver has the highest population density in Canada, with over 5,700 people per square kilometre, and fourth highest in North America (after New York City, San Francisco, and Mexico City). Vancouver is one of the most Ethnic origins of people in Canada, ethnically and Languages of Canada, linguistically diverse cities in Canada: 49.3 percent of ...
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Svartsengi Power Station
The Svartsengi Power Station (''Svartsengi'' (); "black meadow" in Icelandic) is a geothermal power plant, which is located in the Svartsengi geothermal field, about four km north of Grindavík, approximately 20 km SE of Keflavík International Airport and 45 km from Reykjavík. The electric power station was built in 1976 by the subsidiary of Alterra Power, HS Orka and it was the world´s first geothermal power plant for electric power generation and hot water production for district heating. The power station, which consists of an area of 150 ha, was constructed in six sequent phases ''(finished in 2008)'', in each phase they built a new power plant, so the generation capacity increased to 150 MWth for the district heating and the nameplate capacity to 75 MW for electricity power.
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Geothermal Energy In Canada
Canada has substantial potential for geothermal energy development. To date, development has all been for heating applications. Canada has 103,523 direct use installations as of 2013. There is currently no electricity being generated from geothermal sources in Canada although substantial potential exists in the Canadian Cordillera. The most advanced project exists as a test geothermal-electrical site at the Mount Meager massif in British Columbia, where a 100 MegaWatt (MW) facility could be developed. Potential for enhanced geothermal energy systems (EGS) exists throughout Canada. There are six geothermal power and two direct use projects listed with thCanadian Geothermal Energy Association Canadian geothermal resources in context The United States currently leads global development of geothermal power with 3,477 MWe of installed electrical power capacity, including 312 MWe added between 2010 and 2015. Whereas, Canada has 0 MW online, however, the geology conducive to geotherm ...
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Renewable Energy Companies Of Canada
A renewable resource, also known as a flow resource, is a natural resource which will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring processes in a finite amount of time in a human time scale. When the recovery rate of resources is unlikely to ever exceed a human time scale, these are called perpetual resources. Renewable resources are a part of Earth's natural environment and the largest components of its ecosphere. A positive life-cycle assessment is a key indicator of a resource's sustainability. Definitions of renewable resources may also include agricultural production, as in agricultural products and to an extent water resources.What are “Renewable Resources”?
by A. John Armstrong, Esq. & Dr. Jan ...
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Reykjavík Grapevine
Reykjavík ( ; ) is the capital and largest city of Iceland. It is located in southwestern Iceland, on the southern shore of Faxaflói bay. Its latitude is 64°08' N, making it the world's northernmost capital of a sovereign state. With a population of around 131,136 (and 233,034 in the Capital Region), it is the centre of Iceland's cultural, economic, and governmental activity, and is a popular tourist destination. Reykjavík is believed to be the location of the first permanent settlement in Iceland, which, according to Landnámabók, was established by Ingólfr Arnarson in 874 CE. Until the 18th century, there was no urban development in the city location. The city was officially founded in 1786 as a trading town and grew steadily over the following decades, as it transformed into a regional and later national centre of commerce, population, and governmental activities. It is among the cleanest, greenest, and safest cities in the world. History According to le ...
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Björk
Björk Guðmundsdóttir ( , ; born 21 November 1965), known mononymously as Björk, is an Icelandic singer, songwriter, composer, record producer, and actress. Noted for her distinct three-octave vocal range and eccentric persona, she has developed an eclectic musical style over her four-decade career that has drawn on electronic, pop, experimental, trip hop, classical, and avant-garde music. Born and raised in Reykjavík, Björk began her music career at the age of 11 and gained international recognition as the lead singer of the alternative rock band the Sugarcubes, by the age of 21. After the band's breakup in 1992, Björk embarked on a solo career, coming to prominence with albums such as ''Debut'' (1993), ''Post'' (1995), and ''Homogenic'' (1997), while collaborating with a range of artists and exploring a variety of multimedia projects. Her other albums include ''Vespertine'' (2001), ''Medúlla'' (2004), '' Volta'' (2007), '' Biophilia'' (2011), ''Vulnicura'' (2015), ...
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Hitaveita Suðurnesja
Hitaveita Suðurnesja was an Icelandic energy company. The largest shareholder was Reykjanesbær. The company was founded as a geothermal energy firm in the southwest of Iceland in 1974. It built a power plant at Svartsengi to tap the geothermal energy in the area, and was completed in 1976. It was reportedly the first power plant in the world of its kind. It produced and distributed heating and electricity for the entire Sudurnes region. In May 2008, Parliament passed Act no. 58/2008, amending some laws on natural resources and energy. As a result, Hitaveita Suðurnesja was divided into two independent companies, HS Utilities Ltd., distributing electricity, and HS Orka Alterra Power Corp. a subsidiary of Innergex Renewable Energy Inc., is a diversified renewable power generation company based in Vancouver, British Columbia, Canada. It was formed in 2011 through the merger of Magma Energy Corp. and Plutonic P ..., heating and freshwater, which came into effect on 1 July 2008. ...
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Solar Power
Solar power is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power. Photovoltaic cells convert light into an electric current using the photovoltaic effect. Concentrated solar power systems use lenses or mirrors and solar tracking systems to focus a large area of sunlight to a hot spot, often to drive a steam turbine. Photovoltaics were initially solely used as a source of electricity for small and medium-sized applications, from the calculator powered by a single solar cell to remote homes powered by an off-grid rooftop PV system. Commercial concentrated solar power plants were first developed in the 1980s. Since then, as the cost of solar electricity has fallen, grid-connected solar PV systems have grown more or less exponentially. Millions of installations and gigawatt-scale photovoltaic power stations continue to be built, with half of new generation capacity being solar in ...
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First Solar
First Solar, Inc. is an American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services that include finance, construction, maintenance and end-of-life panel recycling. First Solar uses rigid thin-film modules for its solar panels, and produces CdTe panels using cadmium telluride (CdTe) as a semiconductor. The company was founded in 1990 by inventor Harold McMaster as Solar Cells, Inc. and the Florida Corporation in 1993 with JD Polk. In 1999 it was purchased by True North Partners, LLC, who rebranded it as First Solar, Inc. The company went public in 2006, trading on the NASDAQ. Its current chief executive is Mark Widmar, who succeeded the previous CEO James Hughes July 1, 2016. First Solar is based in Tempe, Arizona. In 2009, First Solar became the first solar panel manufacturing company to lower its manufacturing cost to $1 per watt. As of 2010, First Solar was considered the second-largest maker of PV modules worldwide an ...
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Photovoltaic Power Plant
A photovoltaic power station, also known as a solar park, solar farm, or solar power plant, is a large-scale grid-connected photovoltaic power system (PV system) designed for the supply of merchant power. They are different from most building-mounted and other decentralised solar power because they supply power at the utility level, rather than to a local user or users. The generic expression utility-scale solar is sometimes used to describe this type of project. The solar power source is solar panels that convert light directly to electricity. However, this differs from and should not be confused with concentrated solar power, the other major large-scale solar generation technology, which uses heat to drive a variety of conventional generator systems. Both approaches have their own advantages and disadvantages, but to date, for a variety of reasons, photovoltaic technology has seen much wider use. , about 97% of utility-scale solar power capacity was PV. In some countries, ...
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Toba River (British Columbia)
The Toba River is a river in the Canadian province of British Columbia. Also referred to as the East Toba river. Its drainage basin is in size. Course The Toba River originates in the Coast Mountains and flows generally southwest from Toba Glacier to the head of Toba Inlet. Toba Montrose In 2004 development of a 235 MW run of river energy project began on East Toba River. The $660 million project is funded and operated through a private loan from a partnership of lenders led by Manulife Financial Canada. Plutonic Power Corporation and GE Energy also referred to as the Toba Montrose General Partnership are the main stakeholders in the projectConstruction is overseen by the Kiewit Corporation in partnership with the Sliammon The Tla'amin First Nation (Comox language: ɬəʔamɛn), formerly Sliammon Indian Band or Sliammon First Nation, is a First Nations self governing nation whose lands and traditional territories are located on the upper Sunshine Coast in southwes ... an ...
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