Experts BetaKit spoke with believe that a review is warranted but expressed worry that the outcome for BC cleantech firms will be similar to the fallout from the SDTC scandal, albeit on a smaller scale.
On June 15, 2023, the Government of British Columbia announced that BC Hydro would be moving forward with a call for new sources the Call to Power of 100 percent clean, renewable emission-free electricity from large-scale projects, notably including wind and solar. As part of phase two of BC Hydro s engagement process, on January 8, 2024, BC Hydro issued a draft Request for Proposals and draft specimen Electricity Purchase Agreement. The Call to Power is part of BC Hydro s response to the province s growing electricity demand.
Vancouver fusion energy company General Fusion has raised $33.5 million CAD in what it called the first close of its Series F raise as it shifts focus to its Canadian project.