SolarBank to Develop 6.9 MW Community Solar Project in Nova Scotia
TL;DR
SolarBank's 6.9 MW Brooklyn solar project in Nova Scotia offers investors a unique opportunity to capitalize on Canada's first Community Solar Program and renewable energy incentives.
SolarBank will develop a 6.9 MW solar project in Nova Scotia, starting Spring 2026, to power 900 homes under Canada's Community Solar Program, costing $13.9 million.
The Brooklyn solar project by SolarBank supports Nova Scotia's renewable energy goals, aiming for 80% by 2030, and contributes to a cleaner, sustainable future.
Discover how SolarBank's innovative 6.9 MW Brooklyn solar project in Nova Scotia is setting a precedent for community solar initiatives in Canada.
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SolarBank Corporation, a leader in renewable and clean energy projects, has announced its latest initiative to develop a 6.9 MW community solar project in Nova Scotia. This project, known as the Brooklyn Project, is part of Canada's first Community Solar Program and is expected to power approximately 900 homes. The initiative aligns with Nova Scotia's ambitious targets of achieving 80% renewable energy by 2030 and net-zero emissions by 2035, showcasing a significant commitment to sustainable development.
The project is owned by AI Renewable Fund, with SolarBank taking on the roles of developer and builder. Construction is slated to begin in Spring 2026, with completion expected by Summer 2026. The total development cost is estimated at $13.9 million. This project not only represents a pivotal moment for renewable energy in Canada but also highlights the growing importance of community solar programs in achieving environmental goals and providing clean energy solutions to local communities.
SolarBank's expertise in community solar development, primarily gained in the United States, is now being leveraged in Canada, where government support and incentives for renewable energy projects are creating fertile ground for such initiatives. The Brooklyn Project is a testament to the potential of community solar programs to contribute significantly to the renewable energy landscape, offering a model for future projects across the country and beyond.
Curated from InvestorBrandNetwork (IBN)
