TransAlta Corp. cancels 300MW wind farm project in Alberta due to government restrictions on renewable energy.
TransAlta Corp., a major Alberta utility, has cancelled a 300MW wind farm project in southwestern Alberta and put three other projects on hold due to the province's new government restrictions on renewable energy and uncertainty over future market changes. New rules imposed by the United Conservative Party government limit the ability of the industry to build projects on irrigatable lands and introduce buffer zones of 35 kilometers around certain pristine areas.
May 03, 2024
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