Invest Alberta and EDP Renewables commit to a sustainable future

EDP Renewables and Invest Alberta join forces to support the growth of renewable energy in Alberta. Through their partnership, they will work together to develop renewable energy projects that will stimulate the economy and create high-quality jobs in the province.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

EDP Renewables North America LLC (EDPR NA) and Invest Alberta Corporation (IAC) signed a Memorandum of Understanding at S&P Global’s CERAWeek, committing to work together to stimulate economic growth and high-quality job creation in the renewable energy sector in Alberta. The two companies are joining forces to support three new renewable energy projects, including the 297-megawatt Sharp Hills wind farm currently under construction and two additional solar farms with a combined total capacity of up to 350 MW.

Partnership to create new economic and employment opportunities in Alberta

IAC will support EDPR NA in applying for and optimizing potential project incentives, building relationships with provincial stakeholders, and connecting the company with Alberta post-secondary institutions to create a talent pool for EDPR NA’s expansion in the province. The collaboration also aims to enhance Alberta’s status as a renewable energy leader and innovation center in Canada, and to diversify the province’s economy through the growth of the burgeoning renewable energy sector. EDPR NA’s projects will further develop the business environment, workforce and infrastructure necessary for the success of the renewable energy industry in Alberta.

Ambitious projects for a sustainable future

EDP Renewables currently operates two renewable energy projects in Canada, but this collaboration with EPC demonstrates their commitment to the growth of the renewable energy industry in Canada. EDPR NA’s projects will further develop the business environment, workforce and infrastructure necessary for the success of the renewable energy industry in Alberta. The goal is to create new economic and employment opportunities for local communities for years to come.

Partnership with Invest Alberta highlights EDP Renewables’ commitment

The partnership with Invest Alberta demonstrates EDP Renewables’ commitment to the responsible development of renewable energy throughout Alberta and to investing in local communities for years to come. This MOU will allow EDP Renewables to work with Invest Alberta to explore investment opportunities in new renewable energy projects in the province.

Facing a structural electricity surplus, the government commits to releasing a new Multiannual Energy Programme by Christmas, as aligning supply, demand and investments becomes a key industrial and budgetary issue.
A key scientific report by the United Nations Environment Programme failed to gain state approval due to deep divisions over fossil fuels and other sensitive issues.
RTE warns of France’s delay in electrifying energy uses, a key step to limiting fossil fuel imports and supporting its reindustrialisation strategy.
India’s central authority has cancelled 6.3 GW of grid connections for renewable projects since 2022, marking a tightening of regulations and a shift in responsibility back to developers.
The Brazilian government has been instructed to define within two months a plan for the gradual reduction of fossil fuels, supported by a national energy transition fund financed by oil revenues.
The German government may miss the January 2026 deadline to transpose the RED III directive, creating uncertainty over biofuel mandates and disrupting markets.
Italy allocated 82% of the proposed solar and wind capacities in the Fer-X auction, totalling 8.6GW, with competitive purchase prices and a strong concentration of projects in the southern part of the country.
Amid rising public spending, the French government has tasked two experts with reassessing the support scheme for renewable electricity and storage, with proposals expected within three months.
National operator PSE partners with armed forces to protect transformer stations as critical infrastructure faces sabotage linked to foreign interference.
The Norwegian government establishes a commission to anticipate the decline of hydrocarbons and assess economic options for the country in the coming decades.
Kazakhstan plans to allocate 3 GW of wind and solar projects by the end of 2026 through public tenders, with a first 1 GW tranche in 2025, amid efforts to modernise its power system.
Hurricanes Beryl, Helene and Milton accounted for 80% of electricity outages recorded in 2024, marking a ten-year high according to federal data.
The French Energy Regulatory Commission introduces a temporary prudential control on gas and electricity suppliers through a “guichet à blanc” opening in December, pending the transposition of European rules.
The Carney–Smith agreement launches a new pipeline to Asia, removes oil and gas emission caps, and initiates reform of the Pacific north coast tanker ban.
The gradual exit from CfD contracts is turning stable assets into infrastructures exposed to higher volatility, challenging expected returns and traditional financing models for the renewable sector.
The Canadian government introduces major legislative changes to the Energy Efficiency Act to support its national strategy and adapt to the realities of digital commerce.
Quebec becomes the only Canadian province where a carbon price still applies directly to fuels, as Ottawa eliminated the public-facing carbon tax in April 2025.
New Delhi launches a 72.8 bn INR incentive plan to build a 6,000-tonne domestic capacity for permanent magnets, amid rising Chinese export restrictions on critical components.
The rise of CfDs, PPAs and capacity mechanisms signals a structural shift: markets alone no longer cover 10–30-year financing needs, while spot prices have surged 400% in Europe since 2019.
Germany plans to finalise the €5.8bn ($6.34bn) purchase of a 25.1% stake in TenneT Germany to strengthen its control over critical national power grid infrastructure.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.