In a significant move for the clean energy and carbon removal sectors, Quebec-based carbon removal developer Deep Sky has entered into a 10-year Power Purchase Agreement (PPA) with UK-based renewable energy company Low Carbon. The agreement will supply Deep Sky’s first Alberta facility, Deep Sky Alpha, with 10 gigawatt hours (GWh) of renewable energy annually from Low Carbon’s Lethbridge 1 solar project.
The partnership ensures that Deep Sky Alpha will operate entirely on clean energy, marking a critical step forward in sustainable industrial operations. This collaboration highlights Low Carbon’s growing role as a leading independent power producer (IPP), delivering large-scale renewable energy solutions to international clients.
Marco Verspuij, Head of Power Management at Low Carbon, expressed enthusiasm about the partnership: “We are delighted to finalise this agreement with Deep Sky, enabling critical new renewable energy to support their landmark project. We expect that PPAs will continue to play a major role in helping drive the renewables revolution in the coming years as organisations explore innovative finance options that help reduce emissions from their energy usage and decarbonise the wider economy.”
Deep Sky CEO Damien Steel emphasized the importance of the deal in advancing carbon removal technology. “We’re proud to work with Low Carbon to generate 100% new renewable power for our first carbon removal facility, Deep Sky Alpha. Securing renewable power for novel carbon dioxide removal projects is incredibly difficult, and we couldn’t be more excited to have Low Carbon as our partner in Alberta,” Steel said.
This agreement aligns with the growing global trend of corporations securing direct contracts with renewable energy producers to meet climate commitments. Earlier this year, Low Carbon signed a similar 10-year PPA with Lloyds Banking Group for 50 GWh of renewable energy from two UK solar farms.
As Deep Sky pioneers innovative carbon removal solutions and Low Carbon continues expanding its renewable energy portfolio, this partnership stands as a milestone in the intersection of clean energy and climate technology.