Greencells, IndyGen pursue solar in Canada

Apr 18, 2022 02:48 PM ET
  • Greencells is scoping a growth pipe of solar projects in Canada with an integrated capacity of about 1 GWp together with UK-based firm IndyGen Utility Ltd
Greencells, IndyGen pursue solar in Canada
Image: Greencells GmbH

The German solar developer and also EPC companies revealed earlier this month the establishment of a joint venture with IndyGen, an integrated solar developer. They are negotiating the purchase of a 75% stake in the 200-MWp Estuary solar project in Alberta, which is anticipated to reach a ready-to-build standing by the end of this year, and also working with other projects in the 1-GWp pipe.

Greencells has actually likewise gotten 25% in another Albertan solar project, of 258 MWp, which is anticipated to reach commercial procedures in 2023. This bring its development pipe in Canada to 1.3 GWp, complementing the firm's European organization.

In 2021, Alberta mounted 250 MWp of solar, accounting for nearly 87% of all solar capacity additions in Canada for the year. In 2022, total installments are anticipated to surpass 1 GWp, Greencells CEO Andreas Hoffmann said.


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