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Renewables companies hit brakes on Alberta projects after govt delays approvals

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Alberta's seven-month pause on approving new renewable power projects in the Canadian province has caused four major international companies at various development stages to stop work on their plans, an industry official said. Alberta's surprise move this month has also prompted some domestic companies to consider whether to refocus investment on other provinces and the U.S. Wind and solar energy producers have criticized Premier Danielle Smith for creating business uncertainty and jeopardizing billions in potential investments.

FILE PHOTO: A wind farm generates electricity near bales of hay in the foothills of the Rocky MountainsWINNIPEG, Manitoba - Alberta's seven-month pause on approving new renewable power projects in the Canadian province has caused four major international companies at various development stages to stop work on their plans, an industry official said.

Alberta, the country's main oil and gas producing province, paused approvals on Aug. 3 of new renewable electricity generation projects over one megawatt until Feb. 29, chilling investment in the fast-growing industry. The pause is necessary to address concerns about renewables' reliability and land use, said a spokesperson for Alberta's utilities minister.

"Those investment decisions ... are not going to move forward until the government clears this up," Dye said.Alberta has led the country in building renewable capacity and is on track to eliminating combustion of coal for power next year, six years ahead of plan.Along with domestic firms, foreign companies like Berkshire Hathaway's BHE Canada, EDF Renewables and Enel Green Power generate renewable power in Alberta.

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