Vancouver 2010 Host Nation & Endurance Wind Power join forces to create
a sustainable future for First Nations
VANCOUVER, Feb. 17 /CNW/ - The Tsleil-Waututh Nation (TWN) has made a
$2-million equity investment in Surrey-based wind energy manufacturer
Endurance Wind Power. As part of the partnership, TWN Wind Power Inc.
will become the distributor of Endurance Wind Power's 5kW and 50kW
community-based wind turbines to First Nations and Indigenous groups in
Canada and the United States.
As the first partnership of its kind in Canada, TWN Wind Power Inc. is
stepping to the forefront of a shift in thinking for First Nation
communities across the country, while expanding the Tsleil-Waututh
Nation's economic development ventures into the growing renewable
As one of the Four Host First Nations for the Vancouver 2010 Olympic and
Paralympic Winter Games, TWN is establishing itself as a leader in the
effort to help First Nation communities generate a reliable, renewable
supply of energy that will reduce their overall energy costs, and
enable them to invest in other economic and social development
priorities. To finance the deal, TWN has accessed financial support
through a number of economic development programs administered by
Indian and Northern Affairs Canada that will support TWN in creating
long-term legacies from the 2010 Games.
In launching this new partnership with successful, locally-owned and
operated Endurance Wind Power, TWN plans to create jobs, grow the
community-based wind industry and provide renewable energy for First
Nations for generations to come.
"We are proud to be the catalyst for change in the way First Nations in
this country generate power," said Tsleil-Waututh Nation Chief Justin
George. "With Endurance Wind Power's innovative technology, we are
striving to help Canada's First Nations reduce their dependence on
non-renewable sources of power while preserving the environment we so
Endurance Wind Power's advanced small turbine technology brings the
benefits of renewable energy within the reach of small communities,
homeowners, farmers, businesses, and institutions across North America,
the United Kingdom and an expanding global market. While utility-grade
wind farms can take up to five years to go from concept to operation,
Endurance's small-scale turbines can provide power generation to First
Nation communities in just a matter of months.
"This partnership with the Tsleil-Waututh Nation serves as a fantastic
opportunity for Endurance to provide First Nation communities in B.C.
and across the country with power derived from a clean resource," said
Endurance Wind Power President & CEO Glenn Johnson. "Our 50 kilowatt
turbine can provide enough power for up to 20 homes, while the 5
kilowatt unit is a perfect electricity solution for one or two homes."
TWN's equity investment along with the distribution agreement with
Endurance Wind Power adds a new pillar in its diversified business
interests. In addition to pursuing community-based turbine
installations throughout North America, TWN is also exploring other
joint venture opportunities with Endurance to expand its business
interests in the wind energy sector.
"First Nations are pursuing many opportunities to become economically
self-sufficient in order to create healthy, secure communities for our
people," said Assembly of First Nations National Chief Shawn Atleo.
"The creation of TWN Wind Power is a huge step forward in terms of
generating clean, green power, wealth, and employment in B.C. and
across the country. First Nations are well-positioned to be leaders in
development that is responsible and sustainable and I congratulate the
Tsleil-Waututh Nation on their new partnership with Endurance Wind
About The Tsleil-Waututh Nation - www.twnwindpower.com
The Tsleil-Waututh Nation is a small but growing community of 500
located in Greater Vancouver. TWN aims to be active participants in all
social, economic, cultural, and political activities that take place on
their traditional territories by thinking big and acting decisively to
care for their lands and waters. TWN own and operate seven businesses
in the alternative energy, tourism, construction, real estate and
retail sectors. With its newest venture, TWN Wind Power Inc., the
nation is actively pursuing business opportunities to bring clean,
renewable energy within reach of remote and rural First Nations to
create a sustainable future for Aboriginal people.
About Endurance Wind Power - www.endurancewindpower.com
Endurance Wind Power is a manufacturer of advanced small wind turbines,
designed specifically for distributed wind power applications. Their
line of modern, induction-based wind turbines brings efficient,
reliable, safe and quiet, renewable energy within reach of homeowners,
farmers, businesses and institutions across North America, the United
Kingdom and an expanding global market.
NOTE TO EDITORS: HD video B-roll is available for download from the TWN
Wind Power website www.twnwindpower.com.
SOURCE TWN Wind Power Inc.
For further information:
|TWN Wind Power |
Bill Eisenhauer, Good Relations, Inc.
250-383-5605 or 250-744-4748 (mobile)
|Brian Hanson, Endurance Wind Power|