All Press Releases for June 29, 2022

ARC Canada and Hatch Announce Teaming Agreement to Deploy Advanced Clean Energy Technology in Canada



    SAINT JOHN, NB, June 29, 2022 /24-7PressRelease/ -- ARC Clean Energy Canada (ARC Canada) and Hatch are pleased to announce a teaming agreement for the deployment of ARC Canada's proven advanced small modular reactor (aSMR) technology. The agreement marks a significant milestone in the plan to deploy the clean technology in New Brunswick before the end of the decade. Hatch, a leading Canadian engineering firm, brings deep experience in the nuclear industry with a demonstrated history of project execution excellence from concept through to operations in multiple sectors.

"Leveraging the proven technology of EBR-II, the ARC Canada technology is positioned to be an integral part of the adoption of SMRs needed to transform the energy market with an economically competitive and environmentally responsible energy technology solution," said Robert Francki, Global Managing Director of Energy for Hatch. "ARC Canada's clean energy solution has the potential to displace significant carbon-based power sources and will complement other non-emitting technology sources to achieve a net zero economy in Canada and beyond."

Hatch is supporting ARC Canada with best-in-class engineering technology and capabilities to design ARC Canada's power plants in a fully digital format. A focus on modular design to maximize factory production and scalability to minimize on-site construction time is an important part of the implementation plan. Hatch is also playing a key role in the integration of ARC Canada's advanced technology for heavy industry using high-quality process heat which includes the optimization of the technology for clean hydrogen and ammonia production.

"Hatch's experience in the Canadian and US nuclear industry, along with broader expertise in project delivery and commercializing technologies, makes them ideal to support ARC Canada's deployment schedule in New Brunswick within the decade," said ARC Canada President & CEO, Mr. William P. Labbe, Jr. "Hatch is recognized as a global engineering leader in the energy sector with a commitment towards environmental protection and excellence. Together, ARC Canada and Hatch will provide a clean energy solution that will reshape the delivery of power plants."

Hatch has a long history of working in New Brunswick and will be expanding their Saint John and Fredericton presence in the coming months to support ARC Canada.

About ARC Clean Energy Canada Inc.

ARC Clean Energy Canada Inc. (ARC Canada) is a clean energy technology company developing an advanced small modular reactor (SMR) offering inherently safe, reliable, and economical carbon free power that deals with waste for both on-grid and industrial applications. ARC Canada has established its Head Office in Saint John, New Brunswick with a goal of promoting business and economic development within Canada. ARC Canada envisions the creation of a sustainable supply chain delivering economic growth, well-paying supply chain jobs and the opportunity for New Brunswick and Canada to take a lead in the advanced small modular reactor technology field.

More information is available online at www.arcenergy.co

MEDIA INQUIRIES:
Sandra Donnelly
[email protected]

About Hatch

Hatch is a Canadian employee-owned multidisciplinary Engineering, Procurement, and Construction Management (EPCM) and strategic services firm headquartered in Mississauga, with established offices in New Brunswick and across Canada. Our team of over 9,000 employees offers a comprehensive array of technical and strategic services, including advisory, environmental, digital, technology development/integration, engineering, and project and construction management to the Energy, Mining, and Infrastructure sectors. Hatch has served clients for over six decades with corporate roots extending over 90 years and operating experience in more than 150 countries around the world.

More information is available online at www.hatch.com

MEDIA INQUIRIES:
Lindsay Janca
[email protected]

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Sandra Donnelly
ARC Clean Energy Canada Inc.
Saint John, New Brunswick
Canada
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