PowerBank Secures $1.74 Million in Funding for Community Solar Projects in Nova Scotia

PowerBank Corporation announced that its Sydney, Brooklyn, and Petpeswick Community Solar projects in Nova Scotia have been awarded a total of $1.74 million in funding from the Nova Scotia Department of Environment and Climate Change, administered by the Department of Energy and managed through the Net Zero Atlantic program.

Net Zero Atlantic is a leading research organization advancing the transition to a carbon-neutral Atlantic Canada by 2050 through science-driven data, engineering expertise, and project support services.

Under the funding allocation, the Sydney Solar Project will receive $340,000, the Petpeswick Solar Project $440,000, and the Brooklyn Solar Project $960,000. The projects are jointly owned—48% by AI Renewable Flow-Through Fund and 52% by either non-profit organizations or the Potlotek First Nation. PowerBank serves as lead developer and builder, working in partnership with Nova Scotia-based Trimac Engineering.

“We are proud to support Nova Scotia’s goals in developing renewable energy in the province. This funding from Net Zero Atlantic will go far towards the development of long-lasting solar projects that bring clean energy and energy savings to Nova Scotia.” said Dr. Richard Lu, President and CEO of PowerBank. “With over a decade of proven experience in solar development and operations—including community solar, commercial and industrial installations, and other government-led initiatives—PowerBank brings the expertise needed to the successful implementation of Nova Scotia’s Community Solar projects.”