NU E Power Provides Operations Update
Nu E Power Corp (CSE: NUE, OTC: NUEPF) has provided an update on its Hanna solar project, a 300MWac/360MWdc solar farm located 200 kilometers north-east of Calgary, Alberta. The project, spanning 9 sections of private lands, has received a low-risk wildlife assessment from Alberta Environment and Protected Areas.
The project is currently in the interconnection process with the Alberta Electric System Operator, with pending environmental, glare, noise, and engineering studies. Construction is expected to begin in mid-to-late 2026, representing a $400 million investment. Once operational, the facility will have the capacity to generate approximately 650,000 MWh's of electricity and 280,000 tonnes of carbon offset annually.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) ha fornito un aggiornamento sul suo progetto solare Hanna, un parco solare da 300MWac/360MWdc situato a 200 chilometri a nord-est di Calgary, Alberta. Il progetto, che si estende su 9 sezioni di terreni privati, ha ricevuto una valutazione della fauna selvatica a basso rischio da Alberta Environment and Protected Areas.
Il progetto è attualmente in fase di interconnessione con l'Alberta Electric System Operator, con studi ambientali, di abbagliamento, rumore e ingegneria ancora in attesa. La costruzione è prevista per metà-fine 2026, rappresentando un investimento di 400 milioni di dollari. Una volta operativo, l'impianto avrà la capacità di generare circa 650.000 MWh di elettricità e 280.000 tonnellate di compensazione di carbonio all'anno.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) ha proporcionado una actualización sobre su proyecto solar Hanna, una planta solar de 300MWac/360MWdc ubicada a 200 kilómetros al noreste de Calgary, Alberta. El proyecto, que abarca 9 secciones de tierras privadas, ha recibido una evaluación de vida silvestre de bajo riesgo por parte de Alberta Environment and Protected Areas.
El proyecto se encuentra actualmente en el proceso de interconexión con el Alberta Electric System Operator, con estudios ambientales, de deslumbramiento, ruido e ingeniería pendientes. Se espera que la construcción comience a mediados o finales de 2026, representando una inversión de 400 millones de dólares. Una vez operativo, la instalación tendrá la capacidad de generar aproximadamente 650,000 MWh de electricidad y 280,000 toneladas de compensación de carbono anualmente.
Nu E Power Corp (CSE: NUE, OTC: NUEPF)는 앨버타주 캘거리 북동쪽으로 200킬로미터 떨어진 곳에 위치한 300MWac/360MWdc 규모의 하나 태양광 프로젝트에 대한 업데이트를 제공했습니다. 이 프로젝트는 9개의 사유지 섹션에 걸쳐 있으며, 앨버타 환경 및 보호 지역으로부터 저위험 야생동물 평가를 받았습니다.
현재 이 프로젝트는 앨버타 전력 시스템 운영자와의 상호 연결 과정에 있으며, 환경, 눈부심, 소음 및 엔지니어링 연구가 보류 중입니다. 건설은 2026년 중반에서 말쯤 시작될 것으로 예상되며, 4억 달러의 투자를 의미합니다. 운영이 시작되면 이 시설은 연간 약 650,000 MWh의 전기와 280,000톤의 탄소 상쇄를 생성할 수 있는 능력을 갖추게 됩니다.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) a fourni une mise à jour sur son projet solaire Hanna, un parc solaire de 300MWac/360MWdc situé à 200 kilomètres au nord-est de Calgary, Alberta. Le projet, s'étendant sur 9 sections de terres privées, a reçu une évaluation de la faune à faible risque de la part d'Alberta Environment and Protected Areas.
Le projet est actuellement en phase d'interconnexion avec l'Alberta Electric System Operator, avec des études environnementales, d'éblouissement, de bruit et d'ingénierie en attente. La construction devrait commencer d'ici la mi-fin 2026, représentant un investissement de 400 millions de dollars. Une fois opérationnelle, l'installation aura la capacité de générer environ 650 000 MWh d'électricité et 280 000 tonnes de compensation carbone par an.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) hat ein Update zu seinem Hanna-Solarprojekt bereitgestellt, einem Solarpark mit 300MWac/360MWdc, der 200 Kilometer nordöstlich von Calgary, Alberta, liegt. Das Projekt erstreckt sich über 9 Abschnitte privaten Landes und hat eine Risikoanalyse für die Tierwelt von Alberta Environment and Protected Areas erhalten.
Das Projekt befindet sich derzeit im Interconnectionsprozess mit dem Alberta Electric System Operator, wobei Umwelt-, Blend-, Lärm- und Ingenieurstudien ausstehen. Der Bau soll Mitte bis Ende 2026 beginnen und stellt eine Investition von 400 Millionen Dollar dar. Nach der Inbetriebnahme wird die Anlage in der Lage sein, jährlich etwa 650.000 MWh Strom und 280.000 Tonnen CO2-Ausgleich zu erzeugen.
- $400M investment project secured
- Low-risk wildlife assessment received
- 650,000 MWh annual electricity generation potential
- 280,000 tonnes annual carbon offset capacity
- Construction not starting until mid-late 2026
- Multiple regulatory approvals still pending
Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company" or "NUE") is pleased to provide the following operations update on the Company's development activities.
Hanna Solar Farm
The Hanna solar project is a 300MWac/360MWdc solar farm, located on 9 Sections of privately owned lands, approximately 200 kilometers north-east of Calgary, Alberta. The project has gone through an initial wildlife assessment by the Alberta Environment and Projected Areas and has been deemed a low risk to wildlife. Currently the project is in the interconnection process with the Alberta Electric System Operator and our next steps are to continue further environmental, glare, noise, and engineering studies to ensure this project satisfies all requirements of the AUC.
The project is anticipated to break ground in mid-to-late 2026 and will represent approximately
About Nu E Power Corp.
Nu E Power Corp. is a green energy company focused on the developing, construction, and operating clean and renewable energy infrastructure across North America. The Company has a partnership with Low Carbon Canada Solar Limited, a subsidiary of the UK based renewables major, Low Carbon Investment Management Ltd. To facilitate non-dilutive investment into the Company with the goal of developing up to 2GW of renewable energy projects in Canada by 2030.
Contact Information
Devon Sandford, Chief Executive Officer
Email: devon@nu-ecorp.com
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
This press release contains statements which constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-Looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions. Readers are cautioned that forward-looking information is not based on historical facts but instead reflects the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: actually constructing the solar farm, receiving approval to connect to the electrical grid, achieving capacity of 300 MWac, annual electricity production of 650,000 Mwh and 280,000 tonnes annually of carbon offsets, the ability to develop 2GW of renewable energy projects in Canada by 2030, general economic, business and political conditions, including changes in the financial markets; decreases in the prevailing prices for products in the markets that the Company operates in; adverse changes in applicable laws or adverse changes in the application or enforcement of current laws; regulations and enforcement priorities of governmental authorities; compliance with government regulation and related costs; and other risks described in the Listing Statement of Nu E posted on SEDAR+. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242218
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