Greengate Power Corporation (Greengate) has received approval from the Alberta Utilities Commission (AUC) to construct and operate its 400 MW Travers Solar project pursuant to the Alberta Hydro and Electric Act. Greengate expects to begin construction of the project in 2020, with full commercial operations targeted for 2021.
With an estimated total investment of approximately USD 500 million Travers Solar is expected to be Canada´s largest operating solar energy project, and one of the largest in the world. The project is located in Vulcan County, Alberta and is anticipated to operate for more than 35 years.
The AUC conducted an extensive review of the project and found that its approval is in the public interest considering its social, economic and environmental effects.
Travers Solar is expected to provide substantial economic and environmental benefits and supply a clean and emission-free source of electricity for more than 100,000 homes. The project is also anticipated to be one of Alberta’s largest producers of environmental attributes for compliance by large emitters under Alberta’s Technology Innovation and Emissions Reduction (TIER) program.
President and SEO of Greengate, Dan Balaban, said - "We are very pleased to have received approval for what we expect will be Canada´s largest solar energy project and one of the largest in the world. This continues our successful track record, having already developed some of the largest renewable energy projects in the country. We anticipate that Traves Solar will bring significant investment, employment and clean renewable energy to Alberta while strengthening the province´s position as a global energy and environmental leader."
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