Borealis GeoPower's recent win with the BC Oil and Gas Commission for the first geothermal resource well authorization in BC for the Canoe Reach project has been featured on Business In Vancouver's recent news article entitled "Geothermal energy project gets drilling permit." The article also discusses Borealis' next steps, stating:
"Now that the company has its permits in hand, Borealis CEO Alison Thompson said she expected drilling to begin "within days." The first phase of the project would not actually be geothermal energy production, but a hotsprings that the Valemount Geothermal Society hopes to develop."

When we started Borealis GeoPower, we started more than a company, we started an entire industry. Through our efforts, we have been able to lay down the foundation for more geothermal startups to emerge throughout Canada. Our journey so far has been about the manifestation of a grand idea into reality, the idea of establishing the very first geothermal power plant in Canada. When we received the first geothermal resource well authorization in BC, we became one step closer to that reality.

We at Borealis are thankful to have gone through a number of industry "firsts". The first geothermal B Corp in the world, the first order for a geothermal power plant in Canada, and now, the first geothermal resource well authorization issued in BC. The Geothermal Resources Council covered our most recent "first" in Ian Crawford's article entitled "Canada: Geothermal Resource Well Authorizations issued to Canoe Reach Geothermal Project" on the GRC website. The article also outlines the role of the Geothermal Resources Act in the Canoe Reach project, stating:

Borealis GeoPower is proud to announce that on May 29, 2018, the BC Oil and Gas Commission issued geothermal resource well authorizations for four thermal gradient wells on our Canoe Reach Geothermal Project. As stated on the commission's Industry Bulletin, this "represents the first time the Commission has issued a well authorization under the Geothermal Resource Act".  

The race for the first geothermal power plant in Canada is starting to heat up, and Borealis GeoPower is leading the way. Anne-Hélène Mai discusses the various geothermal start-ups that have emerged throughout Canada, including Borealis, in her article entitled "La géothermie au Canada, une ressource pleine de promesses" (Geothermal energy in Canada, a resource full of promise) on Radio-Canada's website. 

Borealis GeoPower's supply chain partner, Climeon, reported EUR 5,000,000 in geothermal sales for the first quarter of 2018, equivalent to approximately USD 5,900,000, according to Alexander Richter's article entitled "Swedish Climeon reports geothermal sales of EUR 5 m/ $5.9 m for Q1 2018" on ThinkGeoEnergy.

Alberta's depth of knowledge and experience in the oil and gas industry has the potential to facilitate the growth and development of another, more obscure industry - geothermal. Alexander Richter of ThinkGeoEnergy  discusses this potential in his article entitled "Pembina: The missing pieces in the geothermal puzzle in Alberta/Canada." The article also brings up Borealis GeoPower's recent deal with Climeon.