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In a significant move towards sustainable energy transition, the Pacific Economic Development Agency of Canada (PacifiCan) is backing the groundbreaking "Fuel for Reconciliation" project. With the recent announcement of a $3.6 million investment in Kitselas Geothermal, a collaboration between Borealis and the Kitselas Development Corporation, the initiative stands at the forefront of British Columbia's geothermal energy exploration. Located in the geothermal-rich "Ring of Fire" region, the project not only underscores the region's commitment to clean energy but also aims to create over 170 job opportunities, with a special focus on Indigenous communities. The "Fuel for Reconciliation" project epitomizes Borealis Geothermal's vision for a sustainable, inclusive, and economically prosperous future. For a deeper dive, visit the full article here.
Kitselas Geothermal, co-owned by Borealis Geothermal and Kitselas Development Corp., has secured surface access rights from the B.C. Surface Rights Board for our joint Fuel for Reconciliation project. This crucial step paves the way for continued exploratory work, highlighting our shared dedication to sustainable energy exploration and respectful collaboration with local stakeholders.
Read more about this development in the Terrace Standard. Borealis CEO Alison Thompson has been featured on the 2023 Purposeful 50 list, announced by Actual Agency, a global strategic communications consulting firm. This prestigious list recognizes leaders and influencers who have made significant contributions to sustainability, corporate purpose, and ESG, focusing on areas such as social progress, environmental protection, diversity, inclusion, and equity. The Purposeful 50 highlights individuals whose work has driven measurable impact and meaningful change for people and the planet.
Alison Thompson's inclusion on the list demonstrates her role in advancing Borealis' commitment to sustainability and inclusivity. As a notable figure in the industry, Thompson's leadership has contributed to the development of innovative solutions addressing global challenges. The recognition on the 2023 Purposeful 50 list serves as a testament to Thompson's dedication and the positive influence she has within the realm of corporate responsibility and sustainable practices. On March 21, 2023, Borealis CEO and Board member Alison Thompson was a speaker at a webinar hosted by the Icelandic Embassy called "Canada's Energy & Cleantech Market: Opportunities for Icelandic Enterprises". The webinar was intended to help Icelandic companies better understand and navigate Canada's growing renewable energy and cleantech market. Thompson represented the Canadian geothermal industry.
On Feb. 8, Allan Chatenay presented a joint paper between Explor and Borealis Geothermal at the Stanford Geothermal Workshop 2023. The paper focused on seismic work done for the Fuel for Reconciliation project.  Borealis President and CEO Alison Thompson wrote an article for the 5th issue of Scovan's IGNITE Magazine. In the article, Thompson focuses on industrial decarbonization and its challenges in today's business world. You can find the article and a link to the complete magazine below.  Canada's First Nation Radio (CFNR) featured the Fuel for Reconciliation project on their news show. Besides focusing on Kitselas Geothermal's and Shell's Joint Development Agreement (JDA), Borealis CEO Alison Thompson was interviewed about the history of Kitselas Geothermal, the context behind the deal, and the opportunity for geothermal.
Click here to read the full story on CFNR's website. Shell Canada celebrates their Joint Development Agreement with Kitselas Geothermal by announcing it on its front page.  |
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