Canada's groundbreaking geothermal solar lagoon receives $140 million investment

Feb 7 2023, 3:00 am

On Monday, Kyotherm announced a new preliminary agreement with geoLagoon, the company behind the world’s largest geothermal and solar lagoon.

According to a press release shared with Daily Hive, the new investment will contribute to the heat production and distribution facilities of the four geoLagoon tourist villages, based on the use of renewable energy. The $140 million of funding will be split evenly with each location receiving $35 million.

This includes a heat accumulator to maintain the temperature of the water in its lagoons at 38°C for 12 months of the year, with a guaranteed result.

canada lagoon

Louis Massicotte/Submitted

Kyotherm has been involved in various projects of the sort over the years, most notably, the organization behind the geothermal heat network serving Disneyland Paris. Now, it will finance the construction and organize the operation of the heat production ecosystem of four geoLagoon villages and over 600 dwellings that are set to be built in different areas of Quebec.

“Kyotherm’s contribution is a very strong support for us and reinforces our position. Knowing Kyotherm’s great expertise, I now know that the ecosystem I designed for our geoLAGOONs will materialize to finally create the world’s very first net zero and natural energy self-sufficient village in a unique and infinite exchange model,” says Louis Massicotte, designer and owner of the geoLagoon villages. “Our goal remains to formalize the start of construction of the first village before June 21, 2023.”

Louis Massicotte/Submitted

In total, Massicotte says the site will be suited to host more than 3,000 people in purchasable chalets (functioning year-round), giant spas, and restaurants.

As for how the lagoons’ self-sufficient energy is generated, Massicotte tells Daily Hive it is a mixture of solar thermal, geothermal, and biomass energy. “We are going to be carbon-neutral from day one,” he explains.

“My goal is to create the very first self-sufficient energy village in the entire world. And now, we are very close.”

Massicotte estimates that the first geoLagoon resort will open by Christmas of 2024 or January of 2025.

For more information on the project, you can visit

Al SciolaAl Sciola

+ News
+ Urbanized