SolarBank Corp. Advances 6.9 MW Community Solar Project in Nova Scotia
SolarBank Corporation will develop a 6.9 MW solar project in Nova Scotia under Canada's first Community Solar Program, supporting the province's renewable energy goals and representing a significant investment in clean energy infrastructure.
SolarBank Corporation announced it will develop a 6.9 MW DC solar project in Brooklyn, Nova Scotia, marking a significant milestone in the province's renewable energy transition. The $13.9 million project, owned by AI Renewable Fund and developed in partnership with local firm Trimac Engineering, aligns with Nova Scotia's ambitious target of achieving 80% renewable energy by 2030 and net-zero emissions by 2035.
The project represents a strategic investment in community solar infrastructure, with SolarBank responsible for interconnection, permitting, and design through 2025. Construction is scheduled to commence in spring 2026, signaling a commitment to expanding renewable energy capacity in the region.
In addition to the solar project, SolarBank disclosed a shares-for-services agreement with an independent advisor, valued up to $100,000 USD monthly, focused on supporting strategic growth and advisory milestones. This arrangement suggests the company's commitment to expanding its renewable energy portfolio and expertise.
The development underscores the growing importance of community solar projects in achieving provincial and national clean energy objectives. By investing in local renewable infrastructure, SolarBank is contributing to Nova Scotia's transition toward a more sustainable energy landscape and demonstrating the economic viability of community-based solar initiatives.