WindRiver Power Corporation has disclosed that TC Energy Corporation has closed an equity investment in Turning Point Generation (TPG), a WindRiver subsidiary. TPG is the developer and 100 percent owner of the Canyon Creek Project, a planned pumped hydro energy storage facility to be located near Hinton, Alberta.
The Canyon Creek Project will have an initial generating capacity of 75 MW (expandable through future development to 400 MW) and utilizes existing site infrastructure from a decommissioned open-pit coal mine. The 75 MW facility will provide up to 37 hours of on-demand, flexible, clean energy, and ancillary services to the Alberta electricity grid. The closed-loop, off-stream design of the facility will significantly reduce any potentially adverse environmental impacts on Alberta's natural river courses.
The Canyon Creek Project has received the approval of the Alberta Utilities Commission and the required approval of the Alberta Government for hydro projects under the Canyon Creek Hydro Development Act, passed with bipartisan support by the Alberta Legislature.
