PowerBank Corporation Secures $1.74 Million for Nova Scotia Community Solar Projects

By Burstable Editorial Team

TL;DR

PowerBank Corporation secured $1.74 million in government funding to develop three solar projects, enhancing its competitive position in renewable energy across North America.

The funding from Nova Scotia's Department of Energy is managed by Net Zero Atlantic and supports three projects generating 12.4 MW DC of clean electricity.

These community solar projects advance Nova Scotia's renewable energy goals, contributing to a cleaner environment and sustainable future for local communities.

PowerBank's Sydney, Brooklyn, and Petpeswick projects are part of Canada's first Community Solar Program, generating clean energy for the local grid.

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PowerBank Corporation Secures $1.74 Million for Nova Scotia Community Solar Projects

PowerBank Corporation has secured $1.74 million in government funding to support three community solar projects across Nova Scotia. The Sydney, Brooklyn, and Petpeswick projects will generate a combined 12.4 megawatts of direct current electricity, feeding clean power directly into the local grid according to the company's announcement here. This funding represents a significant step forward for renewable energy development in Atlantic Canada and enables PowerBank to advance critical infrastructure supporting Nova Scotia's commitment to achieving 80% renewable energy by 2030.

The grant is being distributed under the Nova Scotia Department of Environment and Climate Change, administered by the Department of Energy and managed by Net Zero Atlantic. This financial support comes at a critical time as Nova Scotia works to transition away from fossil fuels and meet its ambitious climate targets. The successful implementation of these community solar projects will provide clean electricity to Nova Scotia residents while creating local jobs and supporting economic development throughout the region.

PowerBank serves as the lead developer for the project owner, working alongside local partner Trimac Engineering. This collaboration ensures that the projects benefit from both international expertise in renewable energy development and local knowledge of Nova Scotia's specific energy needs and regulatory environment. The partnership model demonstrates how international renewable energy companies can effectively work with local firms to accelerate clean energy adoption and infrastructure development.

The three projects are part of Canada's first Community Solar Program, representing a pioneering approach to distributed energy generation. Community solar allows multiple participants to benefit from solar energy without requiring individual rooftop installations, making renewable energy accessible to a broader segment of the population. This model particularly benefits renters, homeowners with unsuitable roofs, and those who cannot afford upfront solar installation costs, thereby democratizing access to clean energy solutions.

PowerBank brings substantial experience to these projects, having completed over 100 MW of renewable energy projects and maintaining a development pipeline exceeding 1 GW across North America. The company's track record in distributed and community solar initiatives positions it well to successfully execute these Nova Scotia projects. As these projects move forward, they will serve as a model for other Canadian provinces looking to implement similar community-based renewable energy programs.

The combination of government funding, private sector expertise, and local partnership creates a replicable framework for accelerating renewable energy adoption across Canada. This approach demonstrates how coordinated efforts between public and private entities can drive meaningful progress toward climate goals while supporting local economic development and expanding access to clean energy solutions for diverse communities throughout the region.

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Burstable Editorial Team

Burstable Editorial Team

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