From Teck CEO:

"Implementing solar and battery technology at the Schaft Creek Project will reduce both our greenhouse gas emissions and our reliance on diesel fuel. Through this partnership, Schaft Creek will work with a Tahltan company to implement this project while also building capacity with our community partners. Using battery storage with the solar panels means that we can obtain 24-hour power even in a remote location and learn more about the potential for this approach to reduce emissions at other sites,” said Jonathan Price, CEO, Teck.

From TNDC-

"We are excited to collaborate with Solvest to accelerate our goal to develop and adopt clean energy technologies within Tahltan Territory. This partnership will leverage the collective expertise and resources of both organizations to develop and implement renewable solar power solutions that will benefit the Tahltan Nation and advance our vision of sustainable development. This partnership not only aligns with our commitment to environmental stewardship but also presents significant economic opportunities. We look forward to working together to create a cleaner and more prosperous future,” said Paul Gruner, CEO, TNDC.

The article-

 Under the partnership, TNDC and Solvest will work together to identify and develop renewable solar power solutions that reduce diesel consumption and carbon emissions, with the aim to achieve carbon neutrality in Tahltan Territory in the future.

TNDC will invest in and own redeployable long life solar power assets and lease them to mining companies under a short-term lease. This creates greater economic benefits for TNDC while removing the capital investment and lowering the cost of fuel and carbon emissions for mining companies – reducing risks for all parties.

The first power project installation is at the Schaft Creek copper-gold-molybdenum-silver project, which is managed through the SCJV by Teck who is the Operator of the SCJV. TNDC has entered into a 3-year leasing arrangement with Teck for the power equipment, where Teck has the option to buy-out the lease after 3-years, and where Solvest has co-invested with TNDC for 25% of the project.

The Schaft Creek project includes a remote seasonal 85-person camp currently powered by diesel generators. It is estimated this solar array and battery installation will achieve more than an 80% reduction in carbon emissions directly for camp power, resulting in a significant cost savings for the SCJV over the next 3 years and beyond. Additional benefits include a significant reduction in camp noise compared to generators, lower cost of power, the ability to extend the life of the system and/or redeploy the power system, and additional reductions in fuel consumption related to the delivery of fuel and materials to the site.