Al­berta So­lar Co-op to be built north of Drumheller

The Drumheller Mail - - REAL ESTATE - Diane Thomas The Drumheller Mail

The first Al­berta So­lar Co-op pro­ject will soon be a re­al­ity. The Drumheller Mail spoke with Star­land County De­vel­op­ment Of­fi­cer Jor­dan Web­ber about the pro­ject.

Web­ber said, “Al­berta So­lar Co-op is go­ing to be a great thing. It is the first so­lar farm co­op­er­a­tive in Al­berta and Western Canada. We’re go­ing to try to put it in Star­land County. The spe­cific land lo­ca­tion will be dis­closed in about two weeks as we have mul­ti­ple op­tions and will need to nar­row it down. They will be pur­chas­ing 15 acres of land for 2 megawatts, which is enough to power 400 homes. It will off­set about 2000 tonnes of CO2 an­nu­ally. There will be 8000 so­lar mod­ules which are ap­prox­i­mately 3’ by 5’ in di­men­sion.”

Web­ber fur­ther said,” It will pro­vide tax rev­enue to the com­mu­nity that it is in­stalled in. Shares are be­ing sold at $5,000 each and th­ese shares will be RRSP and TFSA el­i­gi­ble, al­low­ing mem­bers to trans­fer in­vest­ment from an ex­ist­ing RRSP/TFSA ac­count into the pro­ject. It is a good way for some­one to get in­volved with the green fu­ture and help­ing out the elec­tri­cal mar­ket move for- ward. Peo­ple can par­tic­i­pate in get­ting it in­stalled and also get a re­turn.”

Al­berta So­lar Co-op will be the first “Dis­trib­uted Gen­er­ated” so­lar in Al­berta, which means the en­ergy gets put back on the dis­tri­bu­tion line and pow­ers the grid.

Web­ber fur­ther ex­plained, “Co-ops work with lo­cal own­er­ship ben­e­fit­ting the peo­ple who in­vest. Value of the pro­ject is about $6,000,000 and it will be avail­able for all Al­ber­tans to buy shares. It gives you an own­er­ship stake and any profit made above that is re­turned to you, same as a div­i­dend. Al­berta So­lar Co-op have had many con­ver­sa­tions with the pro­vin­cial govern­ment who will not be in­volved with the fund­ing. All sup­port is lo­cal ini­tia­tive.”

Al­berta So­lar Co-op is cur­rently do­ing a crowd fund­ing cam­paign and it is a great way for peo­ple to get ini­tially in­volved. There is also some great prizes. Go to: https:// www. in­diegogo. com/ projects/ al­berta-s-first-so­lar-co-op#/

Jor­dan Web­ber Star­land County De­vel­op­ment Of­fi­cer

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