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.
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.
Capital Power’s initial response to BC Hydro’s draft Integrated Resource Plan
Capital Power provides initial response to BC Hydro’s draft Integrated Resource Plan (IRP) submitted to the British Columbia Utilities Commission (BCUC) today.
We rallied together with our employees and raised $365,000 to fight poverty!
We’re pleased to announce that we raised an impressive $365,000 for local poverty-fighting charities and community organizations in 1 week!
Capital Power announces closing of $288 million offering of common shares including the exercise of over-allotment option
Capital Power announced today that it has completed its previously announced public offering of 7,480,750 common shares, which included 975,750 common shares issued pursuant to the full exercise of...