North America will spend a cumulative US$12 trillion on renewable energy generation and its transmission by 2050, according to Norwegian-headquartered consultancy firm DNV.
Canadian renewables firm Westbridge Renewable Energy will complete the first transaction of one of its five definitive agreements with Greek developer Mytilineos’ subsidiary, Metka.
UK investment and asset management company Low Carbon has announced plans for a 600MW solar PV portfolio in Alberta, Canada, through a new joint venture (JV) with renewable energy developer NU-E Corp.
The Alberta Utilities Commission (AUC) has announced a 6-month moratorium on renewable energy project developments above 1MW in size, primarily to review concerns around land use.
The Canadian government will invest CA$160 million (US$121 million) into nine solar PV projects in Alberta totalling 163MW and 48MW of battery storage.
