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Canada

Financing Indigenous-partnered renewables in Alberta

Promoting the full inclusion of Indigenous peoples in Alberta’s renewable energy market is a key facet of the Alberta Climate Leadership Program. To achieve this, the Alberta Government has allocated CA$151 million, equating to around 2.8% of projected carbon levy revenues, to support Indigenous community participation in renewables over the next three years.

Canada’s regulator identifies profitable solar regions

In a new report, the Canadian National Energy Board has identified the regions with both the highest and lowest solar energy potential. Overall, the future of solar in the country appears bright, as power prices are expected to increase considerably over the next two decades.

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Canada to allow tax write-off for C&I renewable energy assets

The news came with Canada’s Fall Economic Statement. Through the new policy, the business case and access to finance will be improved to accelerate the adoption of renewable energy resources. This February, Canada proposed phasing out coal generation by 2030.

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Canada’s Alberta raises budget for solar rebates

The Canadian province will provide an additional CA$7.5 million for projects run by municipalities, while offering more advantageous conditions for businesses and non-profits.

Eguana Technologies recruits new executives

Mercedes Benz execs join Eguana Technologies to help drive Calgary-based business’ global expansion plans.

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Canada: Alberta Government issues RfP for 135,000 MWh of solar

The Government of Alberta has opened Requests for Proposals (RfPs) for 135,000 MWh of solar – equivalent to around 55% of its annual electricity generation.

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Canadian Solar unveils new 400+ Watt bifacial poly PERC black silicon module

The Chinese-Canadian module manufacturer says its P4-based BiHiKu panel, for large commercial and utility-scale solar projects, is able to provide up to 30 per cent additional output from the rear side.

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Solar is always shinier on the other side of the fence

A new study from the University of New Brunswick confirms that homeowners are more likely to install a residential PV array if they live in areas with a high concentration of rooftop solar power generators. Investments from public entities installling rooftop solar, according to the study’s authors, can indirectly promote renewable energy just by making it more visible to people.

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Silfab unveils US manufacturing site with $40 million investment in Itek Energy

Canada-based Silfab Solar has invested US$40 million in U.S. solar PV module manufacturer, Itek Energy, LLC’s Bellingham, Washington production facility.

Lion Point Capital offers $250m to support Canadian Solar’s go-private bid

Shares of Canadian Solar soared earlier this week after U.S. investment firm Lion Point Capital revealed that it had initiated discussions with a number of undisclosed third parties about the possibility of funding the privatization of the solar PV module supplier.

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