Westbridge Renewable Adds 295MWdc Solar PV

Highlights :

* The solar power project is located in Stettler County No. 6 in central Alberta.

* The total solar power capacity of its projects stand at 1.6 GWh and the BESS capacity is 653 MW.

North American renewable energy player and solar developer Westbridge Renewable Energy Corporation has announced the addition of the Red Willow Project to its growing portfolio. The solar power project is located in Stettler County No. 6 in central Alberta region of Canada. The company is a developer of utility-scale solar PV projects. Alberta, along with Saskatchewan is one of the highest potential solar districts in Canada. Overall solar capacity in Canada is currently at 2.4 GW.

As per the official statement of Westbridge, the Red Willow Project target capacity is 295 MWp solar photovoltaic and 100MW/200MWh of Battery Energy Storage System (BESS). The storage system has battery duration of two-hour. This will take Westbridge's total capacity to over 1.6 GWh of solar and 653 MW / 1,306 MWh of storage capacity.

Westbridge held that the solar project is in Stage 2 of the Alberta Electric System Operator (AESO) interconnection process.

Maggie McKenna, Director and COO, said, "The Red Willow Project has secured site control in the form of a long-term solar lease with private landowners. We look forward to kicking off engagement with stakeholders and the local community. Red Willow complements our robust portfolio in Alberta, where we continue to see significant opportunities for origination and acquisitions."

Westbridge said that it continues to evaluate multiple new solar and battery storage development projects in Alberta, the USA and the UK to further scale and strengthen the current portfolio.

Westbridge is focused on maximizing the return on its renewable energy assets through accretive project monetization and retention of royalties, where applicable. This approach is expected to enhance long-term cashflow and build long-term shareholder value.

The current portfolio of projects of Westbridge includes Georgetown 278 MWh solar PV/ 100 MW BESS and Sunnynook 330 MWh solar PV/ 100 MW BESS projects. The total solar power capacity of its projects stand at 1.6 GWh and the BESS capacity is 653 MW across the countries.