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Released September 18, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Rapidly rising demand, stronger efficiency and supportive federal policies are fueling expansion opportunities in Canada's wind, solar and battery-storage markets, according to a recent report from the Canadian Renewable Energy Association. But nuclear power also is picking up more support, with a major project in Ontario hitting milestones. Industrial Info is tracking nearly US$5 billion worth of power-generation projects across Canada that are set to begin construction in the fourth quarter, more than half of which is attributed to unit additions.
Click on the image at right for a graph detailing Canada's power-generation project kickoffs from October through December, by fuel type.
Solar power accounts for more individual project starts than any other energy resource, with one of the highest-valued just a few miles north of the U.S. border: Greenwood Sustainable Infrastructure's (New York, New York) US$125 million Iyuhana Solar Plant near Estevan, Saskatchewan. Greenwood, which is owned by private holding company Libra Group, is planned to generate 100 megawatts (MW) from 200,000 bi-facial photovoltaic (PV) modules installed across 550 acres. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project and Plant databases can learn more from a detailed project report and plant profile.
Enerfin Energy Company of Canada (Montreal, Quebec) is preparing to begin work on a US$35 million solar unit addition at its Winnifred Windfarm in Foremost, Alberta, about 65 miles north of the U.S. border. The new unit will add 30 MW of renewable capacity to the 122-MW windfarm, which was completed in March. Subscribers can learn more from a detailed project report and plant profile.
Enerfin soon will be changing hands: Its parent company, Statkraft Energi AS (Oslo, Norway), agreed in August to sell Enerfin to Atlantica Sustainable Infrastructure Limited (London, England). The transaction is expected to close before the end of the year. Enerfin has two operational windfarms totaling 236 MW of installed capacity, and six wind and solar projects under development totaling 800,000 MW, according to Statkraft.
Earlier this year, market analysis firm Technavio estimated the solar energy market in Canada would grow by roughly US$2.25 billion from now through 2029, at a compound annual growth rate (CAGR) of 23.9%. Regarding the broader renewable-energy market, the Canadian Renewable Energy Association's recent report pointed to between US$143 billion to US$205 billion of investment opportunity for wind, solar and battery-storage across Canada over the next 10 years.
Nuclear energy also is a growing force in Canada's power-generation landscape. The single highest-valued project that could see major development before the end of the year is Ontario Power Generation Incorporated's (OPG) US$2.4 billion addition of a small modular reactor (SMR) at its Darlington Nuclear Power Station in Bowmanville, Ontario. The 300-MW unit designed by GE Hitachi Nuclear Energy (Wilmington, North Carolina) would be the first SMR to become operational in the Group of Seven (G7) nations; several projects are underway in the U.S., but only Russia and China have seen SMR projects reach completion.
The Darlington SMR is one of five large-scale projects Canada is considering for a fast-tracking program intended to ease permitting and approvals. Subscribers can learn more about the development from a detailed project report and plant profile; for more information on Canada's fast-tracking program, see September 12, 2025, article - Canada Reveals First Five Projects Considered for Fast-Tracking.
OPG's other upcoming projects include a pair of improvements at hydropower plants in Ontario: the US$18.5 million modernization of Unit 13 at its RH Saunders Station in Cornwall, and the US$12.5 million refurbishment of Unit 3 at its Otto Holden Station in Mattawa. OPG plans to replace a 65-MW turbine at RH Saunders with a 67-MW model provided by GE Hydro, and to improve the performance and extend the service life of a 30-MW turbine at Otto Holden.
The RH Saunders project is expected to run through the end of 2026, while the Otto Holden project is expected to wrap up a few months earlier. Subscribers can read detailed reports on the RH Saunders and Otto Holden projects.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for power-generation projects across Canada that are set to begin construction in the fourth quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Solar power accounts for more individual project starts than any other energy resource, with one of the highest-valued just a few miles north of the U.S. border: Greenwood Sustainable Infrastructure's (New York, New York) US$125 million Iyuhana Solar Plant near Estevan, Saskatchewan. Greenwood, which is owned by private holding company Libra Group, is planned to generate 100 megawatts (MW) from 200,000 bi-facial photovoltaic (PV) modules installed across 550 acres. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project and Plant databases can learn more from a detailed project report and plant profile.
Enerfin Energy Company of Canada (Montreal, Quebec) is preparing to begin work on a US$35 million solar unit addition at its Winnifred Windfarm in Foremost, Alberta, about 65 miles north of the U.S. border. The new unit will add 30 MW of renewable capacity to the 122-MW windfarm, which was completed in March. Subscribers can learn more from a detailed project report and plant profile.
Enerfin soon will be changing hands: Its parent company, Statkraft Energi AS (Oslo, Norway), agreed in August to sell Enerfin to Atlantica Sustainable Infrastructure Limited (London, England). The transaction is expected to close before the end of the year. Enerfin has two operational windfarms totaling 236 MW of installed capacity, and six wind and solar projects under development totaling 800,000 MW, according to Statkraft.
Earlier this year, market analysis firm Technavio estimated the solar energy market in Canada would grow by roughly US$2.25 billion from now through 2029, at a compound annual growth rate (CAGR) of 23.9%. Regarding the broader renewable-energy market, the Canadian Renewable Energy Association's recent report pointed to between US$143 billion to US$205 billion of investment opportunity for wind, solar and battery-storage across Canada over the next 10 years.
Nuclear energy also is a growing force in Canada's power-generation landscape. The single highest-valued project that could see major development before the end of the year is Ontario Power Generation Incorporated's (OPG) US$2.4 billion addition of a small modular reactor (SMR) at its Darlington Nuclear Power Station in Bowmanville, Ontario. The 300-MW unit designed by GE Hitachi Nuclear Energy (Wilmington, North Carolina) would be the first SMR to become operational in the Group of Seven (G7) nations; several projects are underway in the U.S., but only Russia and China have seen SMR projects reach completion.
The Darlington SMR is one of five large-scale projects Canada is considering for a fast-tracking program intended to ease permitting and approvals. Subscribers can learn more about the development from a detailed project report and plant profile; for more information on Canada's fast-tracking program, see September 12, 2025, article - Canada Reveals First Five Projects Considered for Fast-Tracking.
OPG's other upcoming projects include a pair of improvements at hydropower plants in Ontario: the US$18.5 million modernization of Unit 13 at its RH Saunders Station in Cornwall, and the US$12.5 million refurbishment of Unit 3 at its Otto Holden Station in Mattawa. OPG plans to replace a 65-MW turbine at RH Saunders with a 67-MW model provided by GE Hydro, and to improve the performance and extend the service life of a 30-MW turbine at Otto Holden.
The RH Saunders project is expected to run through the end of 2026, while the Otto Holden project is expected to wrap up a few months earlier. Subscribers can read detailed reports on the RH Saunders and Otto Holden projects.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for power-generation projects across Canada that are set to begin construction in the fourth quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).