BVGEC - April 2021 - Power Purchase Agreement #1
BVGEC just signed our inaugural Power Purchase Agreement! We are excited to announce that our first solar project will be installed at Ralph Connor Memorial United Church!
A huge thank you to everyone who has contributed to this success!
Our volunteers and board committee have been hard at work in the following areas:
The Finance and Administration team has been busy this month! Member Loan agreements for the financing of the Ralph Connor Church project have been signed and funds have been received by Bow Valley Green Energy Cooperative!
The draft shareholder agreement to support a raise from members qualifying as Accredited Investors, Family or Friends is being finalized in anticipation of financing our second project, anticipated at St Michael’s Anglican Church
The Communications and Promotions team is rolling out our branding and marketing strategy for our current membership drive. Help us reach our target of 50 members by the end of May!
The Governance team is finalising the suite of paperwork required for our next Power Purchase Agreement.
The Membership and Stakeholder Engagement team wants to say a big hello and welcome to our current members, your membership certificate is on its way!
We currently have 35 Members and 33 Friends enlisted. if you know someone who would like to help BVGEC bring renewable energy projects to the Valley, we want to hear from them, ask them to fill out our Friends Application.
The Technology and Business Development continues to receive interest from parties exploring solar and other forms of green energy, whether it is a facility seeking consultation or technology providers educating us.
We are receiving interest from jurisdictions further afield…most recently from Cochrane and Calgary.
The Project Development committee has been busy celebrating our breaking news! We are awaiting the completion of the structural assessment at Ralph Connor Church in preparation for installation in June 2021!
Jeff Roberts
Chairperson, Bow Valley Green Energy Cooperative
May 14, 2021