Enchant Solar

Alberta, Canada

Status

In Development

Year

2022*

Proposed Capacity

75

MW

Solar
Status
In Development
Year

2022*

OWNED CAPACITY

75

MW

Solar

Enchant Solar is a proposed 75 megawatt solar development project, located within the Municipal District of Taber, Alberta. We are working closely with Solar Krafte to develop the project that was announced in November 2020.

On November 16, 2020, the Alberta Utilities Commission (AUC) approved the project (Decision 24271- D02-2020), which will be located on privately owned land located approximately 12 kilometres north of the Hamlet of Enchant. The expected capital cost is between $90 million to $105 million.

The project will generate carbon credits that can be used to hedge against Capital Power’s carbon compliance costs from its Alberta thermal generation facilities. In April 2021, Capital Power announced a 15-year renewable energy agreement with Labatt Breweries of Canada for 51% of the output from the project.

*Expected

Consultation and Engagement

We value and consider local community interests and priorities. We engage government, employees, local communities, investors, shareholders, and Indigenous communities. Our goal for every project, every facility and every initiative, internal and external, is to build, operate, and align with the interests and priorities of those closest to, and most impacted by, our operations.

Media Releases
Capital Power announces long-term renewable power purchase agreement with Dow
Agreement for Whitla Wind capacity demonstrates how cross-industry collaboration contributes to a sustainable future

Capital Power announced today a 15-year renewable power purchase agreement with Dow Chemical Canada ULC, a subsidiary of Dow (NYSE: DOW), for 25 megawatts (MW) of capacity and the associated enviro...

Media Releases
Capital Power announces a 6.8% dividend increase for its common shares and declares dividends for its Preference shares

The Board of Directors for Capital Power declared a dividend of $0.5475 per share on the outstanding common shares for the quarter ending September 30, 2021. The dividend is payable on October 29, ...

Media Releases
Capital Power reports strong second quarter results, increases its 2021 financial guidance, and announces a 6.8% common share dividend increase

Capital Power today released financial results for the quarter ended June 30, 2021.