Microsoft Corp has inked an offtake contract with Atco, under which the company will buy the full output of a 37 MW solar park in the western region of Canada.
The freshly signed power purchase agreement (PPA) runs for 15 years and is tied to the Deerfoot solar project near Calgary, Alberta. The plant will be developed alongside ATCO's 27 MW Barlow project, both planned to begin construction this spring.
The project is expected to be completed in the fourth quarter of 2022.
Country updates
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March 25, 2022
Capital Power, MEGlobal sign PPA for Whitla wind project in Alberta
MEGlobal Canada ULC has entered into a 10-year agreement with Capital Power Corporation to purchase a significant share of renewable energy (126 megawatts) from Capital Power’s Whitla Wind 2 and...
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March 25, 2022
Capital Power starts commercial operation of 41 MW Strathmore solar project in Alberta
Canadian power producer Capital Power Corporation has started the commercial operation of its 41 MW Strathmore solar photovoltaic project located 320 acres of leased industrial land owned by...
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March 15, 2022
EverGen signs LOI to acquire 67% stake in GrowTEC biogas facility in Alberta
EverGen Infrastructure Corp. (EverGen), Canada’s Renewable Natural Gas (RNG) Infrastructure Platform, has entered into a letter of intent (LOI) with Grow the Energy Circle Ltd. (GrowTEC) to...
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March 15, 2022
BHE Canada signs PPA for 130 MW Rattlesnake Ridge wind project
BHE Canada has signed power purchase agreements with three new Canadian corporate partners, Royal Bank of Canada (RBC), Bullfrog Power Inc. (Bullfrog), and Shopify Inc. (Shopify). The three companies...
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February 25, 2022
Pomerleau Capital launched PCap Infrastructures & Renewable Energies fund
Pomerleau Capital has launched a new fund known as PCap Infrastructure & Renewables Fund dedicated to infrastructure and renewable energy. The fund will place over US$85 million in long...
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