December 17, 2015 – 3G Energy Development Inc. and EREN Renewable Energy have completed a joint development agreement aimed at developing utility-scale wind and solar projects in all Canadian provinces and territories through a combination of greenfield development and acquisitions.

“EREN RE is pleased to enter the Canadian market and to partner with such an experienced developer as 3G Energy. There are huge opportunities for successful investments in Canada, and for collaboration with aboriginal communities or with large industrial energy consumers alike,” said EREN’s Fabienne Demol of the partnership.

3G is an Ottawa, Ont.-based renewable energy development company, while EREN is an independent renewable energy power producer based in Paris, France.

“Renewable energy in Canada has experienced a steady growth over the last 10 years and we expect many provinces to be moving the renewables agenda forward as costs continue to drop,” added Demol.

Rob Miller, 3G vice-president, believes there is “significant potential for growth” in the Canadian renewable market, as provincial governments are increasingly “willing to replace fossil and nuclear generation with renewable options”.

“In the next few years, we intend to develop wind and solar projects where they prove to be competitive alternatives, combined with storage technologies and through industrial net-metering opportunities,” said Miller.