SolarBank Corporation, a renewable and clean energy project developer, announced plans to construct 3.1 megawatts of direct current (MW DC) ground-mounted solar power project.
This endeavour, referred to as the West Petpeswick Project, will take place in Nova Scotia.
The project is part of the company’s expanding portfolio of community solar initiatives throughout the province.
This portfolio also includes an additional 31 megawatts of solar capacity planned for future development.
Also read:Â SolarBank Corporation Develop 7-Megawatt Community Solar Project in Pennsylvania
Supporting Nova Scotia’s Renewable Energy Goals
The Nova Scotia Community Solar Program is developing the West Petpeswick Project to boost renewable energy production as part of its provincial effort.
This program aims to meet Nova Scotia’s targets of 80% renewable energy by 2030 and net-zero emissions by 2035.
The program also plans to add 100 megawatts of solar capacity to the local grid, helping to reduce reliance on fossil fuels and lessen the impacts of climate change.Â
Moreover, it seeks to promote regional economic development, with the project owned by AI Renewable.
Also read:Â SolarBank Corporation to Construct 13.8 MW Solar Project in Lancaster CountyÂ
Community Solar to Power 290 Homes and Offer Cost Savings
The West Petpeswick community solar initiative will generate sufficient clean energy to supply roughly 290 homes, directing energy into the local electricity grid.Â
Community solar projects enable residents, businesses, and renters to subscribe to the energy produced.
This allows them to receive credits on their electricity bills at a rate of $0.02 per kilowatt-hour (kWh) without the need for installing solar panels.
SolarBank has secured a lease for the project site and is proceeding with the permitting process.
Once completed, the West Petpeswick Project will significantly contribute to Nova Scotia’s renewable energy ambitions and climate goals.