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- KALiNA Power (KPO) receives a second key permit to proceed to constructing and operating its Saddle Hills project in Canada
- The project was granted Environmental Protection and Enhancement Act (EPEA) approval from Alberta Environment and Parks
- This follows the Alberta Utilities Commission approving electricity from Saddle Hills to be sold in Alberta and interconnected on ATCO Electric’s distribution system
- Saddle Hills will comprise a 64-megawatt combined cycle facility that will utilise KALiNA’s waste heat technology to generate clean energy for the Alberta electricity market
- Company shares last traded at 2 cents on June 14
KALiNA Power’s (KPO) Saddle Hills project has been granted approval under the Environmental Protection and Enhancement Act (EPEA) from Alberta Environment and Parks.
With the EPEA approval, the company can proceed to construct its 64-megawatt gas-fired combined cycle facility. The project will be equipped with dry-low nitrogen oxide emission controls and will utilise KALiNA’s namesake cycle technology.
The facility will be made up of two 32-megawatt combined cycle power plants, each configured with a 22-megawatt natural gas turbine and a KALiNA Cycle module that will generate 10 megawatts of zero emissions power from waste heat.
KALiNA Power said the approval represents the second major permit its subsidiary, KALiNA Distributed Power (KDP) has received for the Saddle Hills project.
The first was in October last year when the Alberta Utilities Commission approved its application for electricity from the power plant to be sold in Alberta and interconnected on ATCO Electric’s distribution system.
KALiNA Managing Director Ross MacLachlan said securing EPEA approval marks a key development for the company and ensures it now has a “shovel-ready” project.
“Having secured these major permits demonstrates to prospective funders and our supply chain partners a clear regulatory path forward,” he said.
“As we continue to engage with several interested parties seeking to fund Saddle Hills, we are confident that this important milestone will reinforce their interest.”
KALiNA’s subsidiary is putting together a portfolio of sites to deploy its distributed generation program in select areas in Alberta. If all of KDP’s projects are brought online, it would represent over 300 megawatts of generation.
Company shares last traded at 2 cents on June 14.
