Power To The People
Posted by Justin Havre on Thursday, June 17th, 2010 at 11:43am.Now the non-profit Climate Change and Emissions Management Corporation, has announced that a figure exceeding $37.5 million, raised through this groundbreaking scheme, has been awarded to five renewable energy projects within Alberta. And, even more funding is in the pipeline for further ventures.
One of the proud recipients of this scheme is Calgary's Enmax Corporation, who plan to use the money to install innovative wind and solar power facilities into some 9,000 city and country homes, throughout the province. It is hoped that this ambitious $65 million scheme, will help to reduce greenhouse emissions all across Alberta.
Home owners taking part in the project, will pay for the initial installation of the technology, followed by monthly rental fees. Enmax anticipates that these costs, for the majority of typical domestic customers, will be offset by the savings made on household electricity bills.
Climate Change and Emissions Management Corporation Chair Eric Newell said, "These projects will reach people in Alberta's cities, in our towns and in our rural communities. They demonstrate that Canada has the capacity and the commitment to develop clean technology that will help address North America's climate change challenge."
Also on the receiving end of CCEMC funding are Plasco Alberta Inc., who were awarded $10 million for their plan to build and operate a Waste Conversion and Renewable Energy Facility in Red Deer County, while $3 million went to the City of Medicine Hat for their Solar Thermal Power Project.
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