Innergex Renewable Energy Inc. has agreed to acquire 100 per cent interest in three operating solar facilities from Fengate Asset Management, totaling 60 megawatt (MW) in Sault Ste. Marie, Ont. for $50.2 million.
Calgary-based electricity retailer Solartility Inc. is on the cusp of launching Alberta’s first wholly green virtual power plant (VPP) for residential homes and building owners – which it states can save customers up to 30 per cent in energy costs.
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