Canadian renewable energy company Greengate Power has secured approval from the Alberta Utilities Commission (AUC) to build and operate its $375m (C$500m) Travers solar project.

Following a review the AUC found that the project is in the public interest due to its social, economic and environmental effects.

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The project, which will be situated in Vulcan County, is anticipated to bring significant investment, employment and clean renewable energy to Alberta.

Greengate president and CEO Dan Balaban said: “We are very pleased to have received approval for what we expect will be Canada’s largest solar energy project and one of the largest in the world.

“This continues our successful track record, having already developed some of the largest renewable energy projects in the country.

“We anticipate that Travers Solar will bring significant investment, employment and clean renewable energy to Alberta while strengthening the province’s position as a global energy and environmental leader.”

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Construction of the project is expected to start in 2020, with full commercial operations planned for 2021.

With a total generating capacity of 400MW, the project will generate enough clean energy to power more than 100,000 homes in the region.

In December 2018 Greengate Power signed a 20-year renewable electricity support agreement (RESA) with Alberta Electric System Operator for its 113MW Stirling windfarm.

According to the terms of the RESA, the Stirling wind project will secure a guaranteed price for all the power it generates for 20 years.

Greengate has developed nearly 600MW of operating or near operating wind energy projects in Alberta and Ontario since 2007. The company is currently undertaking the development of about 1,000MW of new solar and wind energy projects.