ALBERTA, CANADA – The joint venture PACE Canada LP is pleased to announce the successful completion of their inaugural solar project, Youngstown, with an installed capacity of 7.85 MWp. PACE Canada LP is a limited partnership jointly and equally owned 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 of a significant pipeline of projects being developed by PACE Canada. Situated near the Village of Youngstown in Special Area 2 in central Alberta, the solar project is a significant step toward renewable energy utilization in the region. In addition to Youngstown, the Joffre Solar Power Project has already commenced construction this year and is projected to contribute 61 MWp of capacity. PACE would especially like to thank the Special Areas Board for their support of renewable energy development in the region.
Approximately 13,000 Megawatt Hours of “Green Electricity” Annually
The Youngstown solar park, equipped with an installed capacity of 7.85 MWp, is expected to generate approximately 13,000 megawatt hours of clean, renewable “green electricity” annually. This eco-friendly power will be seamlessly integrated into the Alberta Interconnected Electric System (AIES). The output generated by the solar park will power the equivalent of approximately 1,900 four-person households with sustainable energy, making a significant impact on reducing carbon dioxide emissions by over 6,700 tonnes per year.
Solar Park Youngstown Completed on Schedule
PACE Canada is a market-leading platform for clean energy development and investment in Canada and manages the entire project value chain, from site selection to permitting, planning, financing, and offtake agreements.
The expertise and dedication of the EPC company GOLDBECK SOLAR contributed significantly to the timely construction, through the winter, of the “Youngstown” solar park and its connection to the electricity network.
Rob Denman, President of PACE Canada and Managing Director of Pathfinder Clean Energy (PACE Group) said, ‘This marks the completion of the first of PACE Canada’s utility-scale solar projects in Alberta. We intend to make a substantial contribution to the utility-scale clean energy market in Alberta and the wider Canadian market. We are committed to expanding our project pipeline, development, and delivery teams. Over the next three years, our goal is to connect a minimum of 300 MW of solar power and lead in the growth of the utility-scale solar, energy storage, and green hydrogen sectors as they gain traction, to continue to develop and operate clean energy in Alberta and working towards achieving net-zero carbon emissions by 2050.”
Constantin Lindenmeyer, COO of GOLDBECK SOLAR Canada Corp. expressed his delight, saying, ‘Working alongside PACE Canada LP in the successful completion of the Youngstown solar project has been an honor for GOLDBECK SOLAR. We take pride in our unwavering commitment to a sustainable future in Alberta and are thrilled to contribute to the realization of this significant step towards renewable energy utilization in the region. The completion of Youngstown is a testament to our expertise and dedication to delivering market-leading clean energy solutions. Together through projects such as Youngstown Solar, PACE Canada, and GOLDBECK SOLAR are forging a greener, more sustainable future for Canada.’
About PACE Canada
PACE Canada LP is a limited partnership jointly and equally owned 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 1GW+ of projects in development with an ambition to connect over 300MW in the next 3 years. PACE Canada led by Director of Development Claude MIndorff and his Calgary-based team, is a leading developer in the region and brings best practices across clean technologies including beyond solar, the evaluation and addition of energy storage, and green hydrogen as these markets develop. PACE is also proud to be a leader in the integration of clean energy with agriculture to maximize the benefits that clean energy can bring to the rural Alberta communities in which it operates.
More information about PACE Canada LP is available at pacecanadalp.com.
About Pathfinder Clean Energy (PACE)
Pathfinder Clean Energy is headquartered in London, UK, and is a global developer and investor in clean energy with projects and interests in the UK, Europe, and Canada. With a significantly advanced portfolio of over 1.5GW of utility-scale solar and energy storage projects, it is expanding its operations to make a significant contribution to the challenge of achieving net zero.
With 80+ years of combined team experience, PACE has an enviable track record in clean energy development, construction, finance, and operation.
For more information, please visit the Pathfinder Clean Energy website at www.pathfinderce.com
