Greengate Power Corporation announced on Tuesday that it has received approval from the Alberta Utilities Commission to construct and operate its $500 million Travers Solar project.
Construction of the project located in Vulcan Country will begin in 2020 and full commercial operations are slated to begin in 2021.
Once online, the Travers Solar project is expected to have a total generating capacity of 400 MWas and will provide enough electricity to power over 100,000 homes. Travers Solar is expected to be Canada’s largest operating solar energy project as well as one of the largest in the world.
Greengate President and CEO Dan Balaban says he is pleased the company has received approval for the project. He adds “We anticipate that Travers Solar will bring significant investment, employment and clean renewable energy to Alberta while strengthening the province’s position as a global energy and environmental leader.”
Along with providing clean and emissions-free electricity, Travers Solar is anticipated to be one of Alberta’s largest producers of environmental attributes for compliance by large emitters under Alberta’s Technology Innovation and Emissions Reduction (TIER) program.
According to Greengate, the project is anticipated to have a lifespan of over 35 years.