Solar power presented the Athabasca Chipewyan Nation a chance to diversify energy investments while demand is rising for renewable power.
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It is also a location where proponents can take direct ownership of their own clean-energy developments, which fits in with the Athabasca Chipewyan Nation’s ambitions to diversify their resource interests “outside of oilsands dirty carbon, for lack of a better word,” Schulz said.Article content For Concord Green Energy, which includes two run-of-river independent power projects in its portfolio of 22 facilities, Alberta’s campaign to replace coal-fired electricity generation presented an opportunity that fit well with the company’s ethic, according to Concord Pacific CEO Terry Hui.Article content
The Athabasca Chipewyan Nation had experience in solar power with the development of a smaller project at Fort Chipewyan, with associated industry, that helped power the community itself. But Schulz said they have bigger ambitions. “We believe that there is a lot of growth in the market in the First Nations capital and resources market,” Hui said. “Green energy is a form of income property” that can earn stable income and returns, he added.
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