UK investment and asset management company Low Carbon has announced plans for a 600MW solar PV portfolio in Alberta, Canada, through a new joint venture (JV) with renewable energy developer NU-E Corp.
The Alberta Utilities Commission (AUC) has announced a 6-month moratorium on renewable energy project developments above 1MW in size, primarily to review concerns around land use.
The Canadian government will invest CA$160 million (US$121 million) into nine solar PV projects in Alberta totalling 163MW and 48MW of battery storage.
Canadian renewables firm Westbridge Renewable Energy has entered into definitive agreements with Greek developer Mytilineos’ subsidiary, Metka, to purchase a portfolio of five projects in Canada.
Canada will introduce tax credits, incentives and investment for developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.