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Renewable Energy Announcements

Posted on August 22, 2008
Seven renewable energy projects across Canada will see funding as investments from the ecoENERGY for Renewable Power program. In British Columbia, the Kwalsa low-impact hydro project near Harrison Lake will benefit from an investment of up to $35 million. When complete, the Kwalsa Energy Project will have a total capacity of 90 megawatts from eight turbines operating on four waterways around Harrison Lake at Douglas, Fire, Stokke and Tipella Creeks. The peak electricity demands of more than 27,000 households can be met with that amount of clean electricity [...]

Canada’s Infrastructure: Still Crumbling

Posted on August 22, 2008
Yet another study has confirmed that Canada's infrastructure is in trouble, and that the country's competitiveness and productivity depends on increased investment in our public infrastructure. According to a new study, "Infrastructure Investment: The Foundation of Canadian Competitiveness," released by the Institute for Research on Public Policy, investment in public infrastructure, including highways, port facilities, water treatment and distribution systems, as well as sewage treatment, has fallen dramatically since the 1970s, and an injection of up [...]

GENIVAR Income Fund Acquires Henderson Paddon & Associates

Posted on August 18, 2008
The GENIVAR Income Fund announced today its acquisition of Henderson Paddon & Associates Limited, an Ontario-based civil engineering and environmental consulting firm. "This acquisition allows us to consolidate our municipal infrastructure, transportation and building engineering expertise," said Pierre Shoiry, GENIVAR's president and CEO. "We intend to keep expanding our multidisciplinary teams in all of our market segments," said Anita Smith, GENIVAR's executive vice-president for Western Ontario. "In addition to expanding our geographic coverage [...]

Acorn Energy Acquires Coreworx

Posted on August 14, 2008
Acorn Energy, Inc. today announced the completion of its acquisition of Coreworx Inc. (formerly Software Innovation Inc.) of Kitchener, Ontario, provider of the Coreworx suite, a software tool for capital project information management and collaboration. Coreworx is currently utilized to help manage the construction of capital projects, including offshore oil production, refineries, mining operations and power plants around the world. John Moore, CEO of Acorn Energy, stated, "Skyrocketing energy demand has created a global energy infrastructure crisis [...]
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