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TC Energy to Invest $146.5 Million in New Solar Project in Alberta

solar energy

TC Energy Corp. will invest $146 million in developing the first Canadian solar energy farm in southern Calgary, Alberta.

On Tuesday, the company announced that its Saddlebrook solar project would be built near to Aldersyde, Alberta. This project will have the ability to produce 81 Megawatts, or enough electricity to provide 20,000 homes for an entire year.

“This is the first utility-scale solar project to be fully developed and delivered by TC Energy in our history,” said TC Energy’s executive vice-president, Corey Hessen.

“This investment bolsters our ability to deliver low-carbon solutions for our customers and underscores our commitment to add renewable energy to the local electricity grid.”

In April, TC Energy said that, in addition to the solar project, they would like to consider the possibility of creating a hydrogen production hub with a capacity of 60-tonnes-per-day in the Crossfield area of Alberta.

During the past 24 months, the company has also purchased 400 MW of renewable power in Alberta through power purchase agreements.

According to TC Energy, the Saddlebrook solar project’s development would be completed by next year after obtaining the necessary permissions and approvals.

The company estimates that 140 people will be employed during the construction phase of the project.

Original source material for this article taken from here

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Written by Olivia Woods

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