NU E Power Receives Approval to Construct 157 MWac Lethbridge Two and Three Solar Facilities
Nu E Power Corp (CSE: NUE, OTC: NUEPF) has received approval from the Alberta Utilities Commission to construct a 157MWac/188MWdc solar facility in Lethbridge County. The project, jointly owned with Low Carbon Canada through a 50/50 partnership, follows the successful completion of the operational Lethbridge One solar farm.
Located 2km south of Lethbridge Airport on private land, the facility is expected to generate 327,000 MWh of solar electricity and 135,000 metric tonnes of carbon offset annually. The project underwent extensive community engagement, including open houses and stakeholder consultations, along with comprehensive environmental, noise, and glare studies.
The project has been submitted to the Alberta Electric System Operator (AESO) for interconnection approval, with grid connection anticipated in mid to late 2027.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) ha ricevuto l'approvazione dalla Commissione delle Utilità dell'Alberta per costruire un impianto solare da 157MWac/188MWdc nella contea di Lethbridge. Il progetto, di proprietà congiunta con Low Carbon Canada tramite una partnership 50/50, segue il completamento di successo dell'impianto solare operativo Lethbridge One.
Situato a 2 km a sud dell'aeroporto di Lethbridge su terreni privati, l'impianto si prevede genererà 327.000 MWh di elettricità solare e 135.000 tonnellate metriche di riduzione delle emissioni di carbonio annualmente. Il progetto ha subito un'ampia consultazione con la comunità, comprese giornate informative e consultazioni con gli stakeholder, insieme a studi ambientali, di rumore e di abbagliamento completi.
Il progetto è stato presentato all'Operatore del Sistema Elettrico dell'Alberta (AESO) per l'approvazione dell'interconnessione, con connessione alla rete prevista per la metà o la fine del 2027.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) ha recibido la aprobación de la Comisión de Utilidades de Alberta para construir una instalación solar de 157MWac/188MWdc en el condado de Lethbridge. El proyecto, de propiedad conjunta con Low Carbon Canada a través de una asociación 50/50, sigue la exitosa finalización de la granja solar operativa Lethbridge One.
Ubicada a 2 km al sur del aeropuerto de Lethbridge en terreno privado, se espera que la instalación genere 327,000 MWh de electricidad solar y 135,000 toneladas métricas de compensación de carbono anualmente. El proyecto se sometió a una amplia participación comunitaria, incluyendo jornadas de puertas abiertas y consultas con las partes interesadas, así como estudios ambientales, de ruido y de deslumbramiento exhaustivos.
El proyecto ha sido presentado al Operador del Sistema Eléctrico de Alberta (AESO) para la aprobación de interconexión, con conexión a la red anticipada a mediados o finales de 2027.
Nu E Power Corp (CSE: NUE, OTC: NUEPF)는 앨버타 유틸리티 위원회로부터 157MWac/188MWdc 태양광 시설을 레쓰브리지 카운티에 건설할 수 있는 승인을 받았습니다. 이 프로젝트는 Low Carbon Canada와의 50/50 파트너십을 통해 공동 소유되고 있으며, 운영 중인 레쓰브리지 원 태양광 발전소의 성공적인 완료를 따릅니다.
레쓰브리지 공항에서 남쪽으로 2km 떨어진 개인 소유지에 위치한 이 시설은 연간 327,000 MWh의 태양광 전기와 135,000미터 톤의 탄소 상쇄를 생성할 것으로 예상됩니다. 이 프로젝트는 공개 행사와 이해 관계자 상담을 포함한 광범위한 지역 사회 참여를 거쳤으며, 포괄적인 환경, 소음 및 눈부심 연구도 진행되었습니다.
이 프로젝트는 앨버타 전기 시스템 운영자(AESO)에 상호 연결 승인을 신청하였으며, 전력망 연결은 2027년 중반에서 하반기로 예상됩니다.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) a reçu l'approbation de la Commission des services publics de l'Alberta pour construire une installation solaire de 157MWac/188MWdc dans le comté de Lethbridge. Le projet, détenu en partenariat à 50/50 avec Low Carbon Canada, suit l'achèvement réussi de la centrale solaire opérationnelle Lethbridge One.
Située à 2 km au sud de l'aéroport de Lethbridge sur un terrain privé, l'installation devrait générer 327 000 MWh d'électricité solaire et 135 000 tonnes métriques de compensation carbone par an. Le projet a fait l'objet d'un large engagement communautaire, y compris des journées portes ouvertes et des consultations avec les parties prenantes, ainsi que des études environnementales, sonores et de réflexion complètes.
Le projet a été soumis à l'opérateur du système électrique de l'Alberta (AESO) pour approbation de l'interconnexion, la connexion au réseau étant prévue pour la mi ou la fin de 2027.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) hat die Genehmigung von der Alberta Utilities Commission erhalten, um eine 157MWac/188MWdc Solaranlage im Lethbridge County zu bauen. Das Projekt, das gemeinsam mit Low Carbon Canada in einer 50/50-Partnerschaft betrieben wird, folgt der erfolgreichen Fertigstellung des bereits in Betrieb befindlichen Lethbridge One Solarkraftwerks.
Die Anlage, die sich 2 km südlich des Lethbridge Flughafens auf privatem Land befindet, wird voraussichtlich 327.000 MWh Solarenergie und 135.000 metrische Tonnen CO2-Emissionen jährlich einsparen. Das Projekt unterzog sich umfangreicher Bürgerbeteiligung, einschließlich Tagen der offenen Tür und Konsultationen mit Interessengruppen, sowie umfassenden Umwelt-, Lärm- und Blendstudien.
Das Projekt wurde beim Alberta Electric System Operator (AESO) zur Genehmigung der Interkonnektivität eingereicht, und die Netzanbindung wird für Mitte bis Ende 2027 erwartet.
- Secured regulatory approval for large-scale 157MWac solar facility
- 50/50 joint venture partnership with Low Carbon Canada
- Expected annual generation of 327,000 MWh of solar electricity
- Previous Lethbridge One solar farm already operational and producing
- Grid connection not expected until mid-late 2027, indicating significant timeline to revenue generation
- Still pending AESO interconnection approval
Calgary, Alberta--(Newsfile Corp. - February 10, 2025) - Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company" or "NUE") is pleased to announce the approval by the Alberta Utilities Commission, to construct a combined 157MWac/188MWdc solar facility in the County of Lethbridge. The approval was granted to Lethbridge Two Solar Corp and Lethbridge Three Solar Corp. (the "Project"), which are jointly owned between Low Carbon Canada Limited and NUE through their joint venture company, Low Carbon - NU Energy Corp. Low Carbon and NU E are 50/50 partners in the joint venture.
These approvals are on the back of the completion of the Lethbridge One solar farm, which is now fully operational and producing.
This Project is situated on private land, approximately 2km south of the Lethbridge Airport. It is expected that the facility will generate 327,000 MWh of solar powered electricity and 135,000 metric tonnes of carbon offset annually.
Community engagement was a key driver for this Project, and we held open houses and numerous consultations with affected stakeholders. Many concerns were addressed throughout this process and we continue to look forward to working with local residents, workers, and the County of Lethbridge. The Project involved a rigorous regulatory approval process including environmental, noise and glare studies and its impact on the community, wildlife and important historical sites.
The Project has been submitted to the Alberta Electric System Operator ("AESO") for interconnection approval to the Alberta Electrical Grid. We anticipate connecting to the grid in mid to late 2027.
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
John Newman, Chief Financial Officer
Email: john@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, connecting to the grid mid to late 2027, achieving annual electricity production of 327,000 Mwh and 135,000 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/240158
FAQ
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