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 […]