Westbridge Renewable Receives Approval from the Alberta Utilities Commission for 300 MWac Dolcy Solar PV and Battery Energy Storage Project

Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") is pleased to announce that its wholly-owned subsidiary, Dolcy Solar Inc. ("Dolcy"), has obtained Power Plant and Battery Energy Storage System ("BESS") Approval (Decision 28723-D01-2024) and a Substation Permit and License for the Dolcy 1148S Substation (the "Substation") (Decision 28723-D03-2024) from the Alberta Utilities Commission (the "AUC") for its project, Dolcy Solar + Energy Storage (the "Dolcy Project" or the "Project").

The Dolcy Project is the third Westbridge project to receive power plant and BESS approval from the AUC, and is part of a portfolio of several utility-scale solar projects being developed in Alberta. The approvals allow Dolcy to construct and operate the Project, located in the Municipal District of Wainwright, Alberta.

The Project is a multi-system solution combining a solar power plant with an approved capacity  up to 300 MWac, alongside battery storage (BESS) with capacity up to 200 MWh and the Substation. Approval is granted subject to provisions by the Hydro and Electric Energy Act and the Alberta Utilities Commission Act. It is anticipated that interconnection approvals will be filed in Q1 2025 to the AUC.

Maggie McKenna, Director and COO, commented, "We are pleased to announce the successful AUC approval for our Dolcy project, which, once operational, is expected to power more than 72,000 Alberta homes.  This marks another significant achievement for Westbridge in furtherance of our commitment to energy transition by making reliable, low-cost renewable energy available to Albertans.

This approval represents a positive step forward for solar energy in the region, recognizing the benefits of combined land-use through agrivoltaics to deliver a compelling mix of clean energy, agricultural productivity and job creation.

This achievement, combined with the previously announced approvals for Georgetown Solar and Sunnynook Solar, further demonstrates Westbridge's ability to consistently select and deliver utility scale renewable projects.  The proven Westbridge business model is delivering strong momentum across our international portfolio, which now encompasses more than 18 projects in four countries.  We are excited about the future as we continue to grow and expand our footprint."

Westbridge Renewable Energy | www.westbridge.energy