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 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...
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, ...
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.