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Released January 23, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking US$5 billion worth of Power Industry projects that are planned to kick off through March in Canada, about 70% of which is attributed to grassroot renewable-generation projects--including those involving wind and solar power and battery energy storage systems (BESS).
Although hydropower makes up only US$50 million of the proposed spend, it is the largest source of power generation in Canada. According to the most recent data from Statistics Canada, the federal government's statistics arm, hydropower accounted for about 55% of the country's total generation in October 2023; in comparison, wind and solar power made up about 8.5%.
Several sources of renewable generation are being developed across Canada. Site preparation is underway for what is set to become the country's largest windfarm. The US$925.2 million Buffalo Plains Windfarm in Alberta is designed to have a nameplate generation capacity of about 515 megawatts (MW), utilizing 83 Siemens Gamesa (Zamudio, Spain) wind turbines. The windfarm, which is expected to be fully operational by December 2024, features a power purchase agreement (PPA) to supply Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington) with 415 MW of output.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to read a detailed project report.
For information on windfarms under construction in Canada and the government's plan to promote clean-energy generation, see November 20, 2023, article - Canada's Largest Windfarm Begins Construction.
Meanwhile, Northland Power Incorporated (Toronto, Ontario) is preparing to begin construction in March on what could be the largest BESS in Canada: the standalone, US$450 million Oneida BESS in Jarvis, Ontario, which is designed to store 250 MW. Northland says the facility has a 20-year contract with the Ontario Independent Electric System Operator (IESO) to double the amount of energy storage on Ontario's clean-energy grid. The project is expected to wrap up in late 2025. Subscribers can learn more from Industrial Info's project report and May 19, 2023, article - Northland Power's Ontario BESS Project Reaches Milestone.
Another renewable-generation project planned to kick off in March and wrap up in late 2025 is Greengate Power Corporation's (Calgary) US$330 million Jurassic solar-plus-storage project in Alberta. The photovoltaic (PV) solar plant would provide 220 MW of solar generation, while the BESS would hold up to 80 MW to be deployed in times of high demand or when the sun isn't shining. Click here for the project report.
For information on other energy-storage projects in Canada, see October 4, 2023, article - Canada Backs Energy Storage as Alberta, Ontario Projects Bloom.
Later in the first quarter, Greengate Power also plans to begin construction on its US$160 million Lathom solar plant in Alberta, which would utilize bifacial PV solar panels on a single-axis tracking system to generate 120 MW of power. The project is expected to wrap up in late 2024. Click here to read more information.
With a medium probability (70-80%) of moving forward as planned, Canadian independent power producer Eastern Power Limited (Ontario) plans to begin construction on its proposed US$1 billion Hydrogen Ready Power Plant in Ontario. The 600-MW combined-cycle power plant is designed to include two gas turbogenerator sets that can run on either 100% natural gas or up to a 65% hydrogen and 35% natural gas fuel blend. Subscribers can click read the related project report.
Subscribers can click here for a list of all project reports cited in this article, and click here for related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
Although hydropower makes up only US$50 million of the proposed spend, it is the largest source of power generation in Canada. According to the most recent data from Statistics Canada, the federal government's statistics arm, hydropower accounted for about 55% of the country's total generation in October 2023; in comparison, wind and solar power made up about 8.5%.
Several sources of renewable generation are being developed across Canada. Site preparation is underway for what is set to become the country's largest windfarm. The US$925.2 million Buffalo Plains Windfarm in Alberta is designed to have a nameplate generation capacity of about 515 megawatts (MW), utilizing 83 Siemens Gamesa (Zamudio, Spain) wind turbines. The windfarm, which is expected to be fully operational by December 2024, features a power purchase agreement (PPA) to supply Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington) with 415 MW of output.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to read a detailed project report.
For information on windfarms under construction in Canada and the government's plan to promote clean-energy generation, see November 20, 2023, article - Canada's Largest Windfarm Begins Construction.
Meanwhile, Northland Power Incorporated (Toronto, Ontario) is preparing to begin construction in March on what could be the largest BESS in Canada: the standalone, US$450 million Oneida BESS in Jarvis, Ontario, which is designed to store 250 MW. Northland says the facility has a 20-year contract with the Ontario Independent Electric System Operator (IESO) to double the amount of energy storage on Ontario's clean-energy grid. The project is expected to wrap up in late 2025. Subscribers can learn more from Industrial Info's project report and May 19, 2023, article - Northland Power's Ontario BESS Project Reaches Milestone.
Another renewable-generation project planned to kick off in March and wrap up in late 2025 is Greengate Power Corporation's (Calgary) US$330 million Jurassic solar-plus-storage project in Alberta. The photovoltaic (PV) solar plant would provide 220 MW of solar generation, while the BESS would hold up to 80 MW to be deployed in times of high demand or when the sun isn't shining. Click here for the project report.
For information on other energy-storage projects in Canada, see October 4, 2023, article - Canada Backs Energy Storage as Alberta, Ontario Projects Bloom.
Later in the first quarter, Greengate Power also plans to begin construction on its US$160 million Lathom solar plant in Alberta, which would utilize bifacial PV solar panels on a single-axis tracking system to generate 120 MW of power. The project is expected to wrap up in late 2024. Click here to read more information.
With a medium probability (70-80%) of moving forward as planned, Canadian independent power producer Eastern Power Limited (Ontario) plans to begin construction on its proposed US$1 billion Hydrogen Ready Power Plant in Ontario. The 600-MW combined-cycle power plant is designed to include two gas turbogenerator sets that can run on either 100% natural gas or up to a 65% hydrogen and 35% natural gas fuel blend. Subscribers can click read the related project report.
Subscribers can click here for a list of all project reports cited in this article, and click here for related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
