The Canada Infrastructure Bank is loaning more than $200 million to Slate Asset Management and Hamilton Lane in order to support the development of a wind power farm in Nova Scotia. The project, which is eligible for the Clean Technology Investment Tax Credit for up to 30% of capital costs, will see more than 30 […]
Search Results for: wind
Governments Take ‘Another Leap Toward’ Canada’s First-Ever Offshore Wind Project
Following the recent designation of the Wind Energy Areas, the governments of Canada and Nova Scotia are taking the next step toward realizing Canada’s first-ever offshore wind project. The designated areas—French Bank, Middle Bank, Sable Island Bank, and Sydney Bight—could eventually produce up to five gigawatts of wind energy. Eager to “harness the power of […]
Wind Project in Far North Set to Help Yukon Communities Reduce Reliance on Diesel
Nearly $17 million in funding was this month announced for a wind-powered energy project slated to launch in Canada’s Far North. Natural Resources Canada led the charge, providing over $13 million through its Clean Energy for Rural and Remote Communities program to support the Kluane N’tsi Wind Energy Project, which is situated between the communities […]
Nova Scotia’s High Wind Speeds Spur the Creation of Offshore Sites for Clean Energy
Canada’s first four offshore wind energy areas have been designated, the federal government confirmed this week. The four areas, all located in Nova Scotia, mark a “key step to develop an offshore wind industry that will provide long-term energy security and generational economic benefits for Nova Scotians,” according to a statement from the Province. “The […]
Federal Funding Helps Far North Hamlet Drop Diesel for Wind-Powered Energy
A “transformative” clean energy project in the remote Inuit community of Sanikiluaq is set to move forward following financial support from the Canada Infrastructure Bank. CIB this month unveiled its inaugural Nunavut investment—a $6.7 million loan—in a bid to help the region reduce reliance on diesel-powered energy. “The CIB is proud to make its first […]
Canada Infrastructure Bank Backs $97M Wedgeport Wind Project in Nova Scotia
The Canada Infrastructure Bank and Vancouver-based Elemental Energy have secured a $97 million loan to support their newest energy project, Wedgeport Wind. The Wedgeport Wind project, located in the Municipal District of Argyle, Nova Scotia, will include the construction and installation of 12 Nordex seven-megawatt wind turbines with the capacity to generate up to 84 megawatts […]
How Ottawa’s TerraFixing Takes Advantage of the Far North’s Cold and Windy Climate
An Ottawa company is working to execute decarbonization projects in Canada’s Far North. TerraFixing was founded by two PhD Chemical Engineers from the University of Ottawa, Sean Wilson and Vida Gabriel. The pair have reason to believe that the frozen, dry, windswept regions of the Far North provide optimal conditions for direct air capture. The […]
Canada Joins Global Offshore Wind Alliance to Cultivate Clean Domestic Energy
With the longest coastlines in the world, Canada is well positioned to partake in the $1-trillion global offshore wind energy market, according to the federal government. Empowering the country’s offshore wind energy sector will create jobs and fuel Canada’s economy while ensuring secure domestic energy sources, the government says. This week, federal minister Jonathan Wilkinson […]
Vancouver’s Miru Partners with Glaston to Scale Smart Window Technology
Vancouver-based Miru Smart Technologies is partnering with Finnish glass technology leader Glaston to accelerate the development and production of its next-generation dynamic electrochromic windows. Miru’s energy-efficient “eWindows” use electricity to adjust tint levels, optimizing natural light while reducing heat gain and glare, with potential to lower building energy use by 20% and extend electric vehicle […]
NEO Battery Materials to Establish Canada’s First Silicon Anode Facility in Windsor
NEO Battery Materials, a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, has entered into a lease agreement with the City of Windsor, Ontario, securing 8 acres of surplus lands at Windsor Airport. Hinted at last year, this significant milestone marks a critical step toward establishing Canada’s first advanced silicon anode manufacturing […]