SolarBank to develop Sydney project in Nova Scotia

SolarBank (SUUN) announces the continued execution of its community solar development pipeline with an update on its plans to develop a ground-mount solar power project known as the Sydney project totalling 2.4 MW DC located in Nova Scotia. This strategic project will generate approximately 2,730 MWh of clean energy annually-enough to power the equivalent of 221 homes for an entire year while eliminating approximately 1,900 tons of CO2 emissions annually, equivalent to removing 415 cars from the road. The Project is owned by AI Renewable Flow-through Fund and SolarBank is the lead developer and builder for the Project. The Project has an estimated value of $4.57M. SolarBank will partner with local Nova Scotia’s trusted engineering firm, Trimac Engineering, to deliver the Project. SolarBank has been at the forefront of community solar development in the United States with over 50 MW of community solar projects completed and is proud to be deploying its expertise in Canada as the community solar market develops there.