Low Carbon has expanded its operations to Canada through a joint venture (JV) with developer NU-E Corp aiming to bring a 1.2GW online by 2030.
The pipeline comprises solar, onshore wind and battery storage projects in Canada.
Low Carbon and NU-E Corp are initially develop an existing 600MW pipeline of solar projects in Alberta, which consists of a mixture of early, mid and late-stage development schemes.
The first site is expected to reach COD in 2024.
With a “significant international pipeline” in development, today’s announcement builds further momentum in support of Low Carbon’s strategic goal to create 20GW of new renewable energy capacity by 2030.
It follows the recent announcement that MassMutual has made a £400m capital commitment to support Low Carbon’s pipeline of renewable energy projects up until 2025.
Founder and chief executive of Low Carbon Roy Bedlow (pictured), said: “We are delighted to be partnering with NU-E Corp to help drive our renewables expansion in North America.
“With more than a decade of experience creating large-scale renewables in the UK and Europe, the North American market represents a significant opportunity for the next stage of our growth as we look to accelerate the deployment of renewable energy on a global scale.”
NU-E Corp chief operating officer Brock Stewart expressed his enthusiasm for the JV, stating: “We are delighted to partner with Low Carbon, a leading renewable energy company.
“This collaboration will allow us to leverage our respective strengths and resources to accelerate the development of NU-E Corp’s rapidly growing project portfolio.
“Together, we will make a significant contribution to diversifying Canada’s energy generation mix and achieving our shared vision of a net-zero future.”