Wind power is an affordable and plentiful source of energy. Hydro-Québec flew in three plane loads of equipment and staff to clean up the spill over four weeks, digging up contaminated soil and preventing diesel from reaching the town’s water table. Installed capacity of the two facilities was to be 124 MW with an expected annual energy generation of 316 GW hr/yr. Prior to joining Innergex, Mr. Grover worked for a manufacturer and supplier of equipment and energy production system for nearly 20 years, in Canada and abroad, holding positions of increasing responsibility, lastly as Director of Project Management. He was responsible for construction projects as well as the management of the operations and maintenance of all Cartier’s wind farms. Prior to entering the renewable energy sector, Mr. Kennedy was a consulting aquatic/fisheries biologist to the mining, forestry, oil and gas, and infrastructure sectors for over 10 years. News from The Associated Press, and a taste of the great journalism produced by AP members and customers.
Alterra Power Corp. a subsidiary of Innergex Renewable Energy Inc., is a diversified renewable power generation company based in Vancouver, British Columbia, Canada. Production proportionate includes Innergex’s share of production of joint ventures and associates. Principal occupation: President, Huis Clos Ltée [7] It is located at 50°34′08″N 124°04′21″W / 50.568962°N 124.072627°W / 50.568962; -124.072627, In early 2011, Plutonic Power agreed, together with GE Energy financial Services, to purchase three proposed photovoltaic power plants in Ontario from First Solar. >. Please log in to listen to this story. to learn more about our history. We generate solutions for a cleaner future, Cautionary statement on forward-looking information.
East Toba River (123MW) and Montrose Creek (73MW) are two run-of-river hydroelectric plants 18 km apart, they have operated since in 2010 with a combined capacity of 196 MW and generate an average of 720 GWh of electricity annually, which is contracted to B.C.
We have formalized our governance practices through a series of, Executive Incentive Compensation Recoupment, Minimum Shareholding by Directors and Officers, Safeguard and Promotion of Human Rights at Innergex, Workplace Environment Free of Harassment, Violence and Bullying, Cautionary statement on forward-looking information. The stock has risen 51% in the last 12 months. Please note: On May 23, 2019, the Corporation announced completion of the sale of its wholly owned subsidiary Magma Energy Sweden A.B., which owns an equity interest of approximately 53.9% in HS Orka hf, owner of two geothermal facilities in operation, one hydro project in development and prospective projects in Iceland.
>, Innergex is governed by a highly experienced and ethical Board of Directors that integrate sustainability considerations in all aspects of its duties. He provides strategic direction to a team of dedicated in-house environmental professionals responsible for study and analysis, obtaining permits and approvals, and maintaining compliance with all environmental obligations. Chairman of the Board © Copyright 2020 The Globe and Mail Inc. All rights reserved. By 2022, the Hawaiian Electric Companies are seeking to add 390 MW of renewable energy to the state’s energy mix through a competitive procurement process.
>, Social acceptance is at the core of our development strategy, and we recognize our responsibility to help bring socio-economic opportunities to local communities. Patuvik launched the Innavik hydro project in 2008 and Innergex joined as a partner in2014. In 2017, EDF EN Canada, a subsidiary … Welcome to our Sustainability Reporting Initiative. Before that, he was Chief of Labour Relations at G.U.S. We will continue to generate value for our employees, our shareholders, our partners and our host communities today to contribute to a more sustainable world for future generations. Construction began this spring and is expected to be completed in two years. I invite you to join us on our journey. Mr. Neault was Vice President – Finances until his appointment as Chief Financial Officer on November 14, 2018. In a 2018 study, the Calgary-based Pembina Institute found that to be successful, renewable power partnership with Indigenous groups require heightened sensitivity from the corporate players around issues such as trust, engagement and the project’s objectives. Innergex Director since: February 2019, Principal occupation: Senior Director – Facilities Operations at Hydro-Québec This translation has been automatically generated and has not been verified for accuracy. This is a space where subscribers can engage with each other and Globe staff. Colleen Giroux-Schmidt joined Innergex in 2011. She has served as a renewable energy expert on different panels and has received awards for her significant expertise and contribution to the renewable energy sector both in BC and across Canada. Our Code of Conduct sets the standard and provides guidance as to our expectations for all employees, officers, consultants, members of the Board of Directors and others when representing the Corporation. It is currently the most widely-used source of renewable energy as it has a very long operating life. It develops, owns, acquires and operates hydroelectric, wind, solar energy and geothermal projects. Guided by our core values, we conduct business with a global perspective to effect positive change by not only focusing on what we do, but how we do it. Innergex shares have increased 46% since the beginning of the year. [11] Recently Alterra as operator has 67%, while the Icelandic pension funds holds 33%. As such, the Hawaiian Electric Company and its subsidiary companies, Maui Electric Company and Hawaii Electric Light Company, launched a request for proposals process in the spring of 2018 for clean, renewable energy projects for Oahu, Maui and Hawai`i Island that would help the state meet its goal of 100% renewable energy … That means: Comments that violate our community guidelines will be removed.
Independence is determined within the meaning of the Canadian Securities Administrators’ Regulation 58-101 – Respecting Disclosure of Corporate Governance Practices. 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. better tomorrow Prior to that, he worked as Project Manager and Province’s Representative on large infrastructure projects for BC Hydro and WorleyParsons, and as an Engineer and consultant since 1995. Welcome to The Globe and Mail’s comment community. Innergex contributes to this vision by leveraging its long-term commitment, proven expertise, entrepreneurial spirit, and innovative approach.
Sarah Lisa Kasudluak, president of Pituvik, said: “Being able to secure substantial funding demonstrates how, through self-determination, we can carry out projects with significant social, environmental and economic benefits for our people.”. Mr. Trudel holds a Bachelor of Business Administration (Finance) degree from HEC Montréal (1993) and a Master of Business Administration degree from Queen’s University (1996).