Quebec Funding Initiative Aids Techeol

Posted by NAW Staff on January 31, 2012 No Comments
Categories : FYI

Quebec-based Techeol will use funding from the Canadian government to acquire additional equipment for its wind turbine maintenance and repair business.

According to Canada Economic Development, Techeol will receive C$93,366 in funding under the group's Temporary Initiative for the Strengthening of Quebec's Forest Economies (TISQFE).

‘The Government of Canada supports enterprises which participate in communities' economic diversification,’ said Denis Lebel, minister of transport, infrastructure and communities and minister of the Economic Development Agency of Canada for the Regions of Quebec, in a statement. ‘This funding helps Techeol remain competitive and take advantage of the growth of the wind energy sector.’

In order to pursue its development, Techeol has acquired additional equipment to allow its crews to carry out work at more than one site at a time, the ministry says. Techeol performs operations and maintenance services at six locations comprising 400 wind turbines.

According to Canada Economic Development, the TISQFE was enacted to help communities affected by the downturn in the forestry industry to diversify their economies in order to ensure growth and maintain employment.

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