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ALBERTA, CANADA – Joint venture PACE Canada LP is pleased to announce the successful completion of its first solar project, Youngstown, with an installed capacity of 7.85 MWp. PACE Canada LP is a limited partnership owned equally by Pathfinder Clean Energy, a global clean energy development and investment company, and GOLDBECK SOLAR, a German EPC company specializing in the construction of large-scale solar power plants.
Youngstown is the first in a series of projects being developed by PACE Canada. Located near the village of Youngstown in Special Area 2 in central Alberta, the solar project is a significant step forward for renewable energy in the region. In addition to Youngstown, the Joffre Solar Power Project has already begun construction this year and is expected to contribute 61 MWp of capacity. PACE would especially like to thank the Special Areas Board for its support of renewable energy development in the region.
The Youngstown solar park, with an installed capacity of 7.85 MWp, is expected to generate approximately 13,000 megawatt hours of clean, renewable “green” electricity annually. This environmentally friendly electricity will be seamlessly integrated into the Alberta Interconnected Electric System (AIES). The power generated by the solar park will provide the equivalent of approximately 1,900 four-person households with sustainable energy, making a significant contribution to reducing carbon dioxide emissions by over 6,700 tons per year.
PACE Canada is a market-leading platform for clean energy development and investment in Canada, managing the entire project value chain from site selection to permitting, planning, financing and offtake agreements.
The expertise and commitment of the EPC company GOLDBECK SOLAR played a key role in ensuring that the “Youngstown” solar park was built and connected to the grid on time over the winter.
Rob Denman, President of PACE Canada and Managing Director of Pathfinder Clean Energy (PACE Group), said: “This is the completion of PACE Canada’s first solar project in Alberta. We intend to make a significant contribution to the clean energy market in Alberta and the Canadian market as a whole. We are committed to growing our project pipeline and our development and delivery teams. Our goal is to connect at least 300 MW of solar energy over the next three years and take a leadership role in growing the solar, energy storage and green hydrogen sectors as they gain momentum to continue to develop and operate clean energy in Alberta and work towards achieving net zero emissions by 2050.
Constantin Lindenmeyer, COO of GOLDBECK SOLAR Canada Corp., said: “GOLDBECK SOLAR is honored to partner with PACE Canada LP in the successful completion of the Youngstown solar project. We are proud of our unwavering commitment to a sustainable future in Alberta and are pleased to contribute to the realization of this significant step forward for renewable energy in the region. The completion of Youngstown is a testament to our expertise and commitment to delivering market-leading clean energy solutions. Through projects like Youngstown Solar, PACE Canada and GOLDBECK SOLAR are forging a greener, more sustainable future for Canada together.
PACE Canada LP is a limited partnership owned equally by Pathfinder Clean Energy, a global clean energy development and investment company, and GOLDBECK SOLAR, a German EPC company specializing in the construction of large-scale solar power plants.
Based in Calgary, Alberta, the company has more than 1 GW of projects under development and plans to connect over 300 MW in the next three years. PACE Canada, led by Claude MIndorff, Director of Development, and his Calgary-based team, is a leading developer in the region, bringing best practices in clean technology, including non-solar technologies, energy storage assessment and additions, and green hydrogen as these markets develop. PACE also prides itself on being a leader in integrating clean energy with agriculture to maximize the benefits that clean energy can bring to the rural Alberta communities in which it operates.
For more information about PACE Canada LP, visit pacecanadalp.com.
Headquartered in London, UK, Pathfinder Clean Energy is a global clean energy developer and investor with projects and investments in the UK, Europe and Canada. With an advanced portfolio of more than 1.5 GW of utility-scale solar and energy storage projects, Pathfinder Clean Energy is expanding its activities to make a significant contribution to achieving net zero.
With more than 80 years of combined team experience, PACE has an enviable track record in developing, building, financing and operating clean energy.
For more information, please visit the Pathfinder Clean Energy website at www.pathfinderce.com
