Tag: TransAlta

TransAlta board approves plan to accelerate transition to clean power in Alberta

TransAlta board approves plan to accelerate transition to clean power in Alberta

TransAlta expects federal, provincial regulations will be adopted to facilitate coal-to-gas conversions TransAlta Corporation announced its board of directors approved a strategy to accelerate the transition of the company to gas and renewables generation, according to a press release. This strategy includes: retirement of Sundance Unit 1 effective Jan. 1, 2018; mothballing of Sundance Unit 2 […]

TransAlta buys renewable assets, offsets coal-fired generation

TransAlta buys renewable assets, offsets coal-fired generation

Coal-based TransAlta makes first acquisition of renewable energy generating TransAlta Corp. (TSX:TA) has signed a deal to buy 71 megawatts of solar and wind power generation capacity in the U.S. in a deal worth US$75.8 million. The assets acquired from an affiliate of Rockland Capital LLC include 21 MW of solar projects in Massachusetts and […]