SHARC Energy’s Carbon Neutral District Energy System A Key Component of leləm̓ Development in the University Endowment Lands

By District Energy posted 08-16-2021 12:27

  

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Summary

SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”) is pleased to announce its involvement in leləm̓, a master planned community in the University Endowment Lands developed by Musqueam Capital Corporation. The development’s heating and cooling needs will be met by utilizing a SHARC low-carbon wastewater energy exchange system as part of a centralized energy facility.

The project’s wastewater will collect and pass through the SHARC system, allowing for the reuse of thermal energy that would otherwise be lost to the sewer lines. By using wastewater as an energy source, the project will significantly improve the energy efficiency and reduce the carbon emissions of the community for its lifetime.

Situated on the western edge of the City of Vancouver, the 22-acre lelǝḿ development is bounded by the University Golf Course, Pacific Spirit Park, and the University of British Columbia. leləm̓, meaning home in hən̓q̓əmin̓əm̓, the language of Musqueam people, reunites the north and south of Pacific Spirit Park with a new forest heart, a brand-new community centre for the University Endowment Lands, a daycare centre and a contemporary village set amidst towering trees and walking trails, weaving multi-family living and a retail and gathering hub into a natural landscape.

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