The Alberta government has selected three companies in an auction that was held to build 600MW of wind power projects.
The auction was the opening round of the Renewable Electricity Program, which is expected to result in about $1bn of private-sector investment in green power projects in Alberta.
Capital Power, EDP Renewables Canada and Enel Green Power North America emerged as the successful bidders in the auction.
While Capital Power will construct the 201MW Whitla Wind project 60 kilometres southwest of Medicine Hat, EDP Renewables Canada will build a 248MW wind farm at its Sharp Hills project east of Hanna.
Enel Green Power North America will construct two wind projects – the 115MW Riverview wind farm and the 31MW Phase 2 of Castle Rock Ridge wind power plant.
Alberta Premier Rachel Notley said: “I’m pleased to see our plan is working to make life better and more affordable.
“This highly competitive program is attracting investment from Alberta and around the world, creating new jobs in our province while getting Albertans the most renewable power generation for the lowest cost.”
Electricity generated from the selected wind power projects will be enough to power up to 255,000 homes throughout the province.
Under the Renewable Electricity Program, Alberta plans to support development of 5,000MW of renewable electricity capacity to achieve its target of 30% renewable energy by 2030.
The first round of the program that has attracted investment from both international and Alberta-based companies is expected in the creation of nearly 740 Jobs.
The program is projected to attract at least $10bn of investment into the Alberta economy by 2030 and help in creating over 7,000 jobs for Albertans.
Canadian Wind Energy Association president Robert Hornung said: “The great interest in this competition, and the record-low prices secured, positions Alberta well as it works to meet its renewable energy objectives in the Climate Leadership Plan.
“Our industry looks forward to working collaboratively with communities across the province to deliver significant local economic benefits as Alberta capitalizes on its untapped potential to deploy clean, reliable and affordable wind energy.”
Image: Alberta plans to support development of 5,000MW of renewable electricity capacity under the Renewable Electricity Program. Photo: Courtesy of Jim Frech/FreeImages.com.