Greengate Power CorporationSuite 350, 237 8th Ave SE , Calgary, Alberta, Canada

There is no question, the future will include oil and gas. But a there is a parallel future that is already beginning to unfold. The world is demanding a shift towards renewable energy. It’s not only about environmental responsibility, it’s about powering forward. Over the long-term, renewables offer a cost-effective, environmentally sound way for us to continue to meet our energy needs. At Greengate Power we believe we have a part to play in transitioning the world from fossil fuels to renewables. 

Technologies should evolve but our commitment to the outcome must endure

. The technologies supporting renewable energy generation benefit from constant innovation. Some renewables such as wind, solar and hydro have more established methods and processes but there are always innovations occurring regularly on all fronts. There are also new forms of renewable energy generation that are becoming more viable each day.  At Greengate Power we are committed to energy generation through renewables but we’re agnostic when it comes to the technologies we use. Where we won’t compromise is on the outcome. For us to consider a project, the technology must have a low environmental impact and it must have long-term economic viability.  That’s our commitment to ourselves, our shareholders, and the general public. 

SOLAR ENERGY

Solar power is energy from the sun in the form of radiated heat and light. The sun’s radiant energy can be used to provide lighting and heat for buildings and to produce electricity most commonly in a conversion process know as photovoltaics (PV).  Greengate Power is currently focused on developing PV solar projects in Alberta.  Solar photovoltaic technology uses solar cells to convert sunlight directly into electricity. When light from the sun (photons) strike the semiconductor surface (usually silicon) of a solar cell, it releases a current of electrons collected by conductive wires and exported to the power grid. This process releases no greenhouse gas emissions into the atmosphere and provides clean electricity to consumers whenever the sun is shining.   Canada’s use of solar energy has increased in recent years, although it remains relatively small in terms of market penetration. Currently solar makes up less than 1% of Canadian electricity production.

GEOTHERMAL ENERGY

Geothermal power generation is the process of using heat from deep below the surface of the earth to create steam which spins turbines to produce electricity. Traditional geothermal electricity generation requires a high temperature geological resource which is circulated to the surface, either through magma conduits, hot springs, hydrothermal circulation, oil wells, drilled water wells, or a combination of these. A more recent development is called a Binary Cycle which only requires temperatures as low as 57 °C.  In addition to using water to circulate heat from below the ground to the surface, a second 'binary' fluid with a low boiling point is pumped through a heat exchanger at a high pressure where it vaporizes and spins a turbine to produce electricity.