TransAlta Corp. plans to generate more than two-thirds of its profits from renewable electricity production by 2028, marking a significant shift for a company that was once a major emitter of greenhouse gases. The company will invest $3.5 billion in clean electricity generating and storage capacity by the end of 2028, with a focus on adding 1,750 MW of clean power within the next five years.
One of Alberta 's largest power generator s says more than two-thirds of its profits will come from renewable electricity production by 2028 — a major transformation for a company that once was one of the largest emitters of greenhouse gases in the country. TransAlta Corp. announced an updated capital growth plan at its investor day on Tuesday which will see the company invest $3.5 billion, focused mainly on clean electricity generating and storage capacity by the end of 2028.
The Calgary-based company, which has brought online more than 800 megawatts of wind and solar power since 2021 alone, said it will add an additional 1,750 MW of clean power within the next five years
Alberta Power Generator Renewable Energy Greenhouse Gases Transalta Corp. Clean Electricity Investment Wind Power Solar Power
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