$30-Million Investment For Small Nuclear Reactor At Point Lepreau
ARC Clean Energy Canada has just completed its first round of financing, bringing in $30-million.
ARC Clean Energy Canada has just completed its first round of financing, bringing in $30-million.
A 24-week pilot project is set to run from early May through mid-October.
The renovations are part of a larger project by Fundy Harbour Group, which bought the Saint John City Hall building in 2018 for $3-million.
The strategy includes a number of metrics like increasing overnight visits by 33 percent to 1.45 million.
Natural Forces, a Halifax-based company, will build and operate the 10-turbine wind farm. The energy it produces will be purchased by Saint John Energy, the city’s electric utility, at a locked-in rate for 25 years.
Concerns about mackerel and herring stocks on the East Coast are prompting “urgent action” from Ottawa.
A legislated wage freeze that has been in placeexpires March 31.
The 2 percent raise is the highest amount the utility is allowed to raise rates this year without having to apply to the New Brunswick Energy and Utilities Board for approval.
The plan identifies five key priority areas for developing and deploying the reactors, also known as SMRs
Council passed a new policy this week requiring new employees to show proof of full vaccination or a valid medical exemption.