- The three projects, Sydney, Brooklyn, and Petpeswick, will generate a combined 12.4 MW DC of clean energy.
- Funding is provided by Nova Scotia’s Department of Energy and managed by Net Zero Atlantic.
- PowerBank is the lead developer for the owner, working alongside local partner Trimac Engineering.
- The projects are part of Canada’s first Community Solar Program, targeting 80% renewable energy by 2030.
- PowerBank has completed over 100 MW of projects and holds a pipeline exceeding 1 GW across North America.
Disseminated on behalf of PowerBank Corporation
PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., secured $1.74 million in government funding to support three community solar projects across Nova Scotia. According to the company’s announcement, the Sydney, Brooklyn, and Petpeswick projects, once operational, will generate a total of 12.4 megawatts (“MW”) of direct current (“DC”) electricity, feeding clean power directly into the local grid (https://ibn.fm/e9gKm).
The funding 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. The breakdown of…
NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://ibn.fm/SUUN
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