Neon begins building Canadian solar farm

• Fox Coulee is scheduled to start operating in 2024

Neoen has started building of its very first asset in Canada, the Fox Coulee solar farm, situated in Alberta, Starland County.

The solar farm is 100% owned by Neoen and the turnkey contract for its building and construction has been awarded to Goldbeck Solar.

With a capacity of 93MWp, the solar farm will be connected to ATCO Electric's distribution system, at 24.5 kV.

The commissioning of Fox Coulee is scheduled for the initial quarter of 2024. When it goes into solution, it will stop the emission of around 70,000 tonnes of CO2 a year and is anticipated to generate enough power to power over 20,000 homes.

Neoen intends to offer a significant part of the electricity generated, together with the ecological benefits, by means of power purchase agreements. The remainder will certainly be sold on Alberta's electrical energy market, making the most of the province's deregulated electricity market as well as enthusiastic carbon taxation policy.

The farm will add to the target of attaining carbon neutrality by 2035 established by the Province of Alberta and the federal government.

Emmanuel Pujol, Regional Director of Neoen in the Americas, stated: "I wish to congratulate our teams for their effort in making this initial project in Canada a fact. It's a significant step in establishing Neoen's presence in the country. The beginning of building and construction work for Fox Coulee comes just a year after establishing our regional team and also shows our commitment and also drive to end up being a leading gamer in Alberta and Canada."

Xavier Barbaro, Chairman as well as CEO of Neoen, included: "We are thrilled to begin at Fox Coulee and to see our presence in Canada bearing fruit. Neoen has actually been present in the Americas for practically 10 years and also we are proud to currently have a visibility from north to southern. Canada's environment and also power policy stands out for its ambition as well as Neoen is eagerly anticipating playing an active role in delivering on its targets."