US rookie starts developing 234MW of Canadian PV

Jul 26, 2022 12:34 PM ET
  • Proteus Power's three solar projects in Alberta will be co-located with 97MW of power storage space
US rookie starts developing 234MW of Canadian PV
Image: Unsplash/Science in HD

Recently developed renewables programmer Proteus Power has started the advancement of three solar projects in Alberta, Canada, with an overall capacity of 234MW.

The projects will certainly be co-located with 97MW of battery storage.

The developer is likewise evaluating over 30 renewable projects in its first target locations of Texas, Arizona, Nevada, Utah, Colorado, New Mexico as well as Alberta, Canada.

Proteus has lately set up its US head office in The Woodlands, Texas.

Led by sector veterans and also economically backed by global clean power financier, Pelion Green Future, Proteus Power has a target to create as well as construct over 3GW of solar, wind as well as battery energy storage projects in The United States and Canada.

The designer's technique depends upon creating "phenomenal assets" that will certainly allow the company and its companions to invest in bankable renewable resource projects that are purposefully put to secure long-term power purchase agreements (PPAs) with company or commercial buyers.

Proteus handles the entire project value chain, providing top quality projects to co-investors, affordable PPAs to off-takers and long-lasting and also predictable economic go back to the landowners it companions with to create projects.

The firm's administration group is led by CEO Mike Lambros.

"We have assembled a remarkable team with an invaluable network and also expertise as well as are extremely excited to partner with Pelion Green Future to deliver an exceptional portfolio of renewable energy projects," stated Lambros.

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