German renewables developer Innogy is developing two unsubsidised photovoltaic plants totalling 57MW in Southern Alberta, Canada.
The construction of the 30MW Hull and 27MW Vauxhall projects will take place in the second half of this year, with commissioning expected year-end.
Innogy’s subsidiary Belectric will build the facilities and will also service them, once operational.
The planned investment volume is in the mid double-digit million euro range.
Canadian company Solar Krafte Utilities, Innogy’s partner, developed Hull and Vauxhall, transferring project rights to Innogy this month.
The companies have kept the conditions of the transaction confidential.
However, Innogy said it will review all options regarding the future ownership and financing structure of the projects in order to maximise value for the company and its shareholders.
Innogy chief operating officer Hans Bunting said: “After last month’s announcement that we build our Spanish solar project Alarcos without state subsidies, we are continuing on this path with our two new Canadian projects.
“This underlines that solar energy is already competitive in several markets. Decreasing prices for equipment will further drive this development.”
In 2017 Innogy partnered with Solar Krafte to develop solar projects with a total capacity of up to 1000MW in Canada.