SolarBank Advances 2.4 MW Community Solar Project in Nova Scotia

SolarBank Corporation has announced significant progress on its 2.4 MW DC Sydney project in Nova Scotia, marking an important expansion in the Canadian community solar market. The $4.57 million initiative, developed through collaboration with AI Renewable Flow-through Fund and Trimac Engineering, is projected to generate 2,730 MWh of clean electricity annually. This substantial energy output will power approximately 221 homes while offsetting 1,900 tons of carbon dioxide emissions each year, contributing meaningfully to regional environmental objectives.

The Sydney project aligns directly with Nova Scotia's ambitious renewable energy target of achieving 80% clean power by 2030. Construction is scheduled to begin in spring 2026, with SolarBank serving as both developer and EPC contractor for the initiative. The company expects to generate engineering revenues in the near term while securing long-term income through operations and maintenance contracts, creating sustainable economic benefits alongside environmental gains. This dual approach demonstrates how renewable energy projects can deliver both immediate financial returns and lasting community value.

SolarBank Corporation specializes in developing and owning renewable energy projects across Canada and the United States, with particular focus on distributed and community solar initiatives. The company's diverse portfolio includes solar installations, Battery Energy Storage System projects, and EV Charging infrastructure that serves utilities, commercial clients, industrial operations, municipal entities, and residential customers. With a development pipeline exceeding one gigawatt and more than 100 megawatts of built capacity, SolarBank maintains a significant position in North America's renewable energy transition.

The Sydney project exemplifies the growing importance of community solar in achieving environmental sustainability and energy independence objectives. By leveraging strategic partnerships and innovative technologies, SolarBank is helping to reduce carbon emissions while promoting clean energy adoption. The project serves as a benchmark for future renewable energy developments in the region, demonstrating how collaborative approaches can accelerate the transition toward sustainable power generation while creating economic opportunities and environmental benefits for local communities.