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Trusted Saskatoon Solar Panel Experts at Suncatcher Solar Give an Update About TransCanada's Solar Power Presence

A family company based in Saskatoon, Suncatcher Solar Systems has been supplying and installing solar energy systems since 2003; they are Saskatoon's most established solar provider. Their team designs, supplies and installs solar power systems and designs passive solar homes.

They live what they sell, starting with their own solar home which was built in 2004. Their home, an off-grid wind and solar powered living lab, was designed by owner and engineer Angie Ortlepp.

 

Suncatcher Solar Systems are your Trusted Saskatoon Solar Panel Experts


Solar Panel Experts at Suncatcher Solar give an update about TransCanada solar power presence:


TransCanada is Buying Up Solar Power to Increase Renewable Energy Presence 





TransCanada, the Calgary based energy infrastructure company is buying another solar power facility in Ontario in a bid to increase its presence in the renewable energy market. The Mississippi Mills project, about 60 kilometres west of Ottawa has a generating capacity of about 10 megawatts. This new deal is part of a prior agreement with Canadian Solar to buy nine Ontario solar facilities in order to expand its renewable energy while also promoting fossil fuel projects (such as the Keystone XL pipeline) which would carry bitumen from Alberta’s tar sands into refineries in Texas. The total cost of the nine solar power facilities is about $500 million. Whereas, the Keystone XL pipeline is expected to cost around $5.3 billion. Since the initial announcement in December, TransCanada has already acquired four of the nine solar plans in Ontario which are as follows: Brockville 1, Brockville 2 and the Burritts Rapids project in Ottawa. The energy from these plants is being sold to the Ontario Power Authority for $443 per megawatt hour as part of a 20-year power purchase agreement. 

 

TransCanada president and CEO Russ Girling said, “We are pleased to have acquired an additional solar facility in Ontario as part of our growing energy portfolio, one-third of which are facilities that produce electricity from emission-less sources.”


If you're looking to invest in solar panels for your home or business, Suncatcher Solar is the trusted team you are looking for! You can check out their listing HERE






This blog is based off of this source blog.

Suncatcher Solar are your TRUSTED SASKATOON SOLAR PANEL EXPERTS! Check them out on Facebook HERE!


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