Enchant Solar is a proposed 75 MW solar project, located within the Municipal District of Taber, Alberta. Subject to successful permitting and regulatory approvals, the project is expected to be completed in the back half of 2022 with an expected capital cost between $90 million to $100 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. A portion of the output from Enchant Solar is expected to be sold under renewable offtake contracts and Capital Power is actively pursuing contracting opportunities.
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 to release fourth quarter 2020 results and 2020 integrated annual report on February 19
Capital Power will release its fourth quarter and year-ended 2020 results, 2020 integrated annual report and third Climate Change Disclosure Report before the markets open on February 19, 2021.
Capital Power announces conversion results for its Preferred Shares (Series 1)
Capital Power announced today that after having taken into account all Election Notices following the December 16, 2020 conversion deadline, in respect of the Cumulative Rate Reset Preference Share...
Capital Power accelerating plans towards a low carbon future
Repowering Genesee 1 and 2, off-coal in 2023; advancing renewables growth strategy including Enchant Solar project and 25-year contract for Strathmore Solar
12th annual Investor Day event being held in a virtual format today, Capital Power will provide updates on the execution of its growth and sustainability strategy including the repowering of its Ge...