Canada-based ATCO Group announced on Tuesday that it has entered into a 15-year power purchase agreement with Microsoft. Under the deal, Microsoft will purchase all renewable energy generated by ATCO's Deerfoot solar facility in Calgary, Alberta.
The Deerfoot solar plant, with a total capacity of 37 MW, is currently in the construction stage and is expected to be operational in the fourth quarter of 2022. When commissioned, the plant is expected to be one of the largest solar installations in Alberta, capable of generating enough electricity to power 8,000 homes and helps ATCO move toward its goal of developing more than 1,000 MW of renewable energy by 2030.
