Article

NU E Power Corp. is advancing two solar projects in Lethbridge, Alberta: Lethbridge Two (12 MW) and Lethbridge Three (155 MW), totaling 167 MW of renewable energy capacity. Both projects received a fully granted Alberta Utilities Commission permit in December 2024.

NU E has secured land control and is progressing through Alberta's interconnection process, with municipal rezoning and development permitting underway. The projects will integrate battery energy storage systems to enhance grid stability and project economics.

Management emphasizes flexibility in timing to adapt to market conditions. The company has a growing international portfolio in Malaysia, Mongolia, Brazil, and Africa, aiming to address power constraints and support digital economies.