Investor Presentaiton
Operating in the Right
Renewables Markets
Exceptionally high solar irradiation
and supportive regulatory environments.
UNITED STATES
OF AMERICA
UK
United Kingdom:
Ranked #5 on EY's Renewable Energy Country
Attractiveness Index (2021)
Recent pledge to entirely decarbonize by 2035
2020, planning procedure for BESS projects
exceeding 50MW was changes, enabling fast
local planning regime, driving further growth
Large investors have entered the market (Shell,
Foresight, RWE)
2022, total BESS project pipeline now
exceeds 30GW
- WEB has extensive experience in the UK, as one
of the pioneers of UK merchant solar
CANADA
NORTH
AMERICA
WESTBRIDGE
RENEWABLE
ENERGY CORPORATION
TSXV: WEB
FRA: PUQ
OTCQX: WEGYF
PAGE 19
Alberta, Canada:
One of the best places for solar projects
Alberta's renewable energy act seeks to
achieve 30% electrical power production
from renewables by 2030 (5,000MW)
Open and deregulated electrical generation
market
Industry buy-in with oil & gas companies
seeking ESG investments
Rising demand for offsets with carbon
price increasing to $170/tonne by 2030.
from $40/tonne in 2021
UNITED STATES
OF AMERICA
Texas, US:
Expected to install 1/3 of all utility scale
solar in the US
■ The historical significance of Texas Oil &
Gas sector, combined with a surging
demand for renewable energy assets,
suggest that solar PV has lot of room for
growth in the area
1,800+ active market participants that
generate, move, buy, sell or use
wholesale electricity in ERCOT
In 2019, Texas accounted for more than
a quarter of all corporate renewable
energy deals signed around the world
Around 6,000 MW of coal/gas were
retired since 2016, driving demand for
new generationView entire presentation