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Direct Energy Business and RWE Renewables sign long-term agreement on 25 MW solar project in Southern Alberta

RWE Renewables, the newest subsidiary of RWE Group, and Direct Energy Business, part of Direct Energy, one of North America's largest energy and energy-related services providers, and a subsidiary of Centrica plc, today announced they have signed a long-term agreement to purchase 25 MW of electrical output and associated capacity from RWE’s Canadian Hull solar plant.  The photovoltaic plant, located in Southern Alberta’s Taber county, started commercial operation recently and will now provide an important part of the electricity that Direct Energy Business needs to supply its Canadian customers with renewable electricity.

"With increased customer demand for renewables, the addition of 25 MW of solar supply will help Direct Energy Business build renewable power options for our customers and affirms our commitment to provide products and services that lead to a lower carbon future," said David Brast, Senior Vice President, North America Gas and Power, Direct Energy Business.

Silvia Ortín Rios, Chief Operating Officer Wind Onshore and Solar Photovoltaics Americas of RWE Renewables says: “With this deal, we are demonstrating our extensive capabilities as a leading integrated renewables player ranging from project development, construction, operations to commercialization. The contract with Direct Energy illustrates our expertise in marketing green electricity on the basis of bilateral power purchase agreements. Solar energy is already competitive and decreasing prices for equipment will further drive this development in the long term.”

“This PPA demonstrates Direct Energy’s unique ability to create long-term 100 percent renewable energy solutions that combine the strengths of our customers, project developers and energy retailers alike,” said Lance Henderson, Director, Western Origination, Direct Energy Business.

The long-term contract will start in August 2020. RWE’s solar farm will supply an annual production of up to 50,000 MWh of carbon-free energy and environmental attributes to Direct Energy, enough green electricity to supply the equivalent of about 6,500 Canadian homes.

With nearly one million residential, business and wholesale customers in Alberta, Direct Energy and Direct Energy Business are deeply committed to delivering renewable energy solutions that meet our customers unique needs and playing an active role in the communities we serve.

 

 

Direct Energy is one of North America’s largest retail providers of electricity, natural gas and energy-related services to over three million homes and business. It is part of Centrica plc (LSE: CNA), a leading international energy services and solutions provider that is founded on a 200-year heritage of serving people. Direct Energy, its subsidiaries and/or affiliates, operate in 50 U.S. states plus the District of Columbia and 8 provinces in Canada. We are focused on satisfying the changing needs of our customers, enabling them to transition to a lower carbon future. Our aim is to reduce emissions in line with Paris goals by 2030 and develop a path to net zero by 2050.


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