Turning Point Generation has announced that the construction and operation of the Canyon Creek Pumped Hydro Energy Storage Project has been formally approved by the Alberta Legislature, a requirement made necessary by the project’s status as a hydro development under the Hydro and Electric Energy Act (Alberta).
The Canyon Creek Hydro Development Act received Royal Assent on December 11, 2018 and enabled the Alberta Utilities Commission to issue its final approval of the project on December 21st.
The 75 MW Canyon Creek project, located about 13km from Hinton, Alberta, Canada, is designed incorporating two small off-stream water reservoirs, one atop the hill by Obed mine, the other at the bottom not far from the Athabasca River.
Country updates
-
-
January 09, 2019
EDPR to sell 80% stake in 499 MW wind projects in North America
Energias de Portugal S.A. (EDP) has announced that EDP Renováveis, S.A. (EDPR), 82.6% controlled by EDP, has closed an agreement to sell an 80% equity shareholding in a portfolio...
Read more -
December 20, 2018
Innergex secures financing for 590 MW wind portfolio
Innergex Renewable Energy has closed a non recourse financing of CAD570.4 million (US$423 million) with regards to four operating wind farms, located in the Gaspé peninsula of Quebec. Innerge...
Read more -
December 18, 2018
AltaGas divests majority stake in B.C. hydro projects for CAD1.4 billion
AltaGas Ltd. is slashing its dividend by 56 per cent and selling its remaining majority stake in a B.C. hydroelectric power operation for CAD1.39 billion (US$1.2 billion). The company will now pay a...
Read more -
December 18, 2018
Alberta selects 763 MW wind projects in tender
The province of Alberta in Canada has selected 8 wind projects with total energy capacity of 763 MW in tender under Round 2 and 3 of Renewable Energy Programme (REP) held by Alberta Electric System Op...
Read more -
December 17, 2018
20-year PPA awarded for 113 MW wind project in Canada
Greengate Power Corporation has announced that its 113 MW Stirling Wind Project was awarded a 20-year Renewable Electricity Support Agreement (RESA) by the Alberta Electric System Operator (AESO)...
Read more
