Each have generation capacities of 10-megawatts
According to the company, which is most famously known for its work in the oil and gas pipeline business, the three newly-built solar facilities—two in Temiskaming Shores, Ont., and one in Ingleside, Ont.—each have generation capacities of 10-megawatts.
Acquired from Canadian Solar Solutions Inc., the facilities were built at a combined cost of $182 million, according to TransCanada.
All three projects have started generating electricity under 20-year power purchase agreements with the Ontario Power Authority (OPA).
“As a company, we are proud that we have built a diversified portfolio that includes natural gas and liquids pipelines, as well as emission-less energy sources to meet market needs,” TransCanada president and CEO Russ Girling said in a statement.
“Each year, we do more to reduce our own emissions and develop technologies to help us operate in a more environmentally sustainable way, while ensuring that Ontario’s energy consumers continue to have their needs met.”
The Calgary-based company said its solar investment in Ontario now sits at nearly $400 million.