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Three Sixty Solar applauds B.C.’s cleantech focus

by CM Staff   

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The recent advisory stated that, BC Hydro will only acquire 100% clean, renewable electricity, including wind and solar.

VANCOUVER — Three Sixty Solar Ltd., an alternative energy design, manufacture, and sales organization focused on solar equipment supply to the global marketplace, says they support recent provincial government news regarding a competitive process to acquire 100% clean energy slated for spring 2024.

Key Points:

  • B.C. Utilities Commission confirmed that new sources of electricity will be required sooner than previously expected.
    Electricity demand is expected to increase by 15% between now and 2030.
  • Province is providing $140 million to the B.C Indigenous Clean Energy Initiative (BCICEI) to support Indigenous-led power projects.
  • Electric vehicles on B.C. roads have increased by nearly 2,000% in the past 6 years.
  • BC Hydro’s first call for power in 15 years, and will target larger, utility scale projects.

BC Premier David Eby said, “To guarantee the affordable power for this important transition, we’re working in partnership with First Nations and BC Hydro to generate more of the clean electricity that British Columbia needs to build our economy and grow our role as a clean-energy superpower.”

The recent advisory stated that, BC Hydro will only acquire 100% clean, renewable electricity, including wind and solar. The call for power process will be designed by BC Hydro and the Province following engagement with First Nations, industry, and stakeholders. Over the next 12 months, a BC Hydro task force will focus on identifying and implementing short and medium-term actions that can advance projects based on three key priorities:

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  • speed of permitting and delivery,
  • oversight to protect ratepayers and enable economic and climate priorities; and
  • identifying, enabling, and accelerating economic opportunities.

Additionally, the announcement noted that along with BC Hydro’s plan to initiate a call for power in spring 2024, this may be followed by subsequent calls as the transition to clean energy continues to accelerate and in order to electrify the growing economy while meeting the province’s climate targets.

Three Sixty Solar’s CEO, Brian Roth advises, “This is an exciting initiative and one in which we intend to explore. We believe our solar tower solution is a perfect fit for First Nations stewardship and protection of land use and is ideally suited for medium to large scale projects. Our concept was conceived in BC and was designed with our local conditions, environment, and growing demand for responsible land use as major considerations. Our positive initial dialogue with various Indigenous leaders and communities supports our expectations that Three Sixty Solar can meet or exceed the needs of this initiative in every respect. We have always viewed our concept as a potential win-win for our Company and the citizens of BC alike, and with the news of government support, we look forward to having our chance to bid on this outstanding opportunity.”

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