Canadian energy company TC Energy Corp (TSE:TRP) on Tuesday said it will start pre-construction work for its 81-MW Saddlebrook solar project near Aldersyde in Alberta after having secured all regulatory approvals and permits.
The CAD-146-million (USD 107m/EUR 108m) facility will be installed on TC Energy property in the local industrial park and will be capable of generating enough electricity to power 20,000 homes a year. The solar park is expected to be completed in 2023. The company also said it has acquired more than 400 MW of renewable power through power purchase agreements (PPAs) in Alberta in the past 24 months.
“This is the first utility-scale solar project to be fully developed and delivered by TC Energy in our history,” remarked Corey Hessen, TC Energy executive vice-president and president, power & energy solutions.
The project will also include a flow battery energy storage system and is supported by CAD 10 million from Emissions Reduction Alberta.
The energy storage system will be added in a second stage of the development. As announced at the end of 2021, the scheme will use Lockheed Martin’s (NYSE:LMT) long-duration GridStar Flow energy storage system, which will be of up to 6.5 MW and will have output duration of up to eight hours.
(CAD 1 = USD 0.735/EUR 0.741)
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