Budweiser has announced a virtual power purchase agreement (VPPA) with Capital Power. The agreement includes approximately 51% of the electricity generated by a new solar facility in Taber, Alberta. Of Budweiser’s contracted electricity, approximately one-quarter will be bundled with project-generated RECs directly from the solar facility and three-quarters will be bundled with RECs sourced elsewhere in Canada.
The long-term deal supports the addition of Capital Power’s 75 MW Enchant Solar project to the Alberta market.
Construction of the project is set to break ground in the second quarter of 2022 with commercial operations expected by the fourth quarter of 2022.