Hep solar: Energy Certificate Sale to Canadian Government

In a significant development, hep solar announced the sale of 30% of energy certificates from its Alderson solar project to the Canadian government. A fixed price has been agreed for these Green RECs over a period of 20 years, enhancing project revenue stability.

Located in southern Alberta, the Alderson project is hep solar’s largest yet, boasting a nominal output of over 120 MWp. The facility spans 270 hectares, employing 200,000 solar modules. Following approval from the Alberta Utilities Commission, the project is on track as planned.

This strategic move reduces market volatility and increases cash flow security, offering investment opportunities through the HEP Solar Club Deal 1 GmbH & Co. investment fund.