- Revolve Renewable Power, a renewable energy company, is expanding into the Canadian market
- It plans to build a utility-scale development portfolio and a distributed generation business consistent with its strategy in the U.S. and Mexican markets
- The company now boasts a presence across the entire North American renewables market
- Revolve Renewable Power develops utility-scale wind, solar and battery storage projects in Canada, the U.S. and Mexico with a portfolio of 2,838 MW under development
- Revolve Renewable Power (TSXV:REVV) last traded at $0.35 per share
Revolve Renewable Power, a renewable energy company, is expanding into the Canadian market.
Management views Canada as an increasingly attractive market, particularly because of the Canadian government’s C$35 billion green investment tax credit package announced in March as part of the Made in Canada Plan.
The company plans to build a utility-scale development portfolio and a distributed generation business consistent with its approaches to the U.S. and Mexican markets.
Early-stage development activities are already a few weeks in, with Revolve targeting an initial portfolio of utility-scale development projects by year end. Solar and battery storage opportunities will serve as the initial focus, followed by feasibility work on potential wind projects.
The expansion affords the company a presence across the entire North American renewable energy market.
Revolve Renewable Power develops utility-scale wind, solar and battery storage projects in Canada, the United States and Mexico with a portfolio of 2,838 MW under development. Its Revolve Renewable Business Solutions division installs and operates sub-20-MW distributed generation assets. To date, Revolve has developed and sold more than 1,550 MW of projects.
Revolve Renewable Power (TSXV:REVV) last traded at $0.35 per share.
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