Open House Oct 6th!                               
Dragonfly Hydropower Corporation
Dragonfly Hydropower Corporation plans to provide added value to hydropower developments with the objective of permitting, licensing, designing, tendering, obtaining contracts for, financing, constructing, owning, and operating hydroelectric facilities.
Currently, Dragonfly Hydropower Corporation has applied for three hydroelectric sites in British Columbia.  The company will seek other renewable energy opportunities within British Columbia and abroad.  The opportunity to develop potential projects now exists because of recent changes to the British Columbia energy plan that will require the imminent development of a large energy supply in and around the Kitimat area.
The British Columbian government has recently announced that BC will be home to the world`s first LNG export facilities that use clean energy. BC LNG Douglas Channel and Kitimat LNG will access clean energy from the Province’s existing grid.  As new infrastructure is built and the industry expands, future energy needs will be served by local, clean energy, with BC’s natural gas used to support energy reliability if required. Discussions are underway now with LNG proponents to assess power requirements for future projects.  The three proposed developments could form an integral part of this vision.
The advantage of a small specialized development company is the relative low cost of bringing a project through the feasibility evaluation and the timeliness of decision making in the early development phases as opposed to large corporations with limited experienced within the British Columbia context.
Dragonfly Hydropower Corporation has:
  • The ability to focus its attention and resources on a small selection of sites (as opposed to constant competition with a large portfolio of projects vying for attention put forward in front of a board of directors of a larger corporation),
  • A lower cost overhead and management structure that will allow for a higher profit level at the shovel ready level,
  • The ability to understand and address technical considerations in a timely fashion,
  • The ability to manage consultants in an effective manner, and drive the process forward in a timely manner,
  • A respect and understanding of the quality of information required to be developed for the purpose of developing a feasible renewable energy development, and
  • The ability to judiciously allocate funds and resources to provide the most added value to the potential development.