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September 21 (Renewables Now) - Canadian energy company TC Energy Corp (TSE:TRP) has signed a power purchase agreement (PPA) with a unit of renewable energy company EDP Renovaveis SA (ELI:EDPR) for the output of a 297-MW wind project in Canada.
Through its local subsidiary EDP Renewables Canada Ltd (EDPR Canada), the company will build the Sharp Hills Wind Farm in the Special Areas municipality near the Sedalia and New Bridgen hamlets, Alberta province.
This agreement enables the continued development, construction and operations of the wind farm, TC Energy said. Both companies expect the asset to start operations in 2023.
Once up and running, Sharp Hills will be able to generate enough electricity to meet the annual consumption of more than 164,000 average local homes.
With this PPA, EDPR now has about 0.4 GW of capacity secured in Canada set to commence operations as early as this year. Currently, the firm has the 30-MW South Branch and the 100-MW Nation Rise wind farms, both operational and located in Ontario.