A solar energy project in western Alberta was poised to not only power 1,200 homes but innovate a new way to pay for such initiatives, say its backers. But then came the “gut-wrenching” decree by Premier Danielle Smith.
Now the future of Western Canada’s first co-operatively financed solar farm is uncertain, following the United Conservative Party’s sudden freeze on approvals for renewable energy projects in Alberta.
The Peace Energy Cooperative, or PEC, was days away from Alberta Utilities Commission approval that would allow construction to begin on a 13-hectare solar farm. Unless the UCP lifts the seven-month moratorium, the co-operative will have to convince investors to not withdraw their money.
Co-operative president Joanne Dueck was “shocked and dismayed” when she learned of the moratorium ...
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