FAQ: SolarBank Corp.'s 6.9 MW Community Solar Project in Nova Scotia

What is the Brooklyn solar project?

The Brooklyn solar project is a 6.9 MW community solar initiative in Nova Scotia, developed by SolarBank Corporation, expected to power around 900 homes under Canada’s first Community Solar Program.

Why is this project significant?

This project supports Nova Scotia’s goals of achieving 80% renewable energy by 2030 and net-zero emissions by 2035, marking a significant step towards sustainable energy in the region.

Who is developing the Brooklyn solar project?

SolarBank Corporation, a premier developer and owner of renewable and clean energy projects, is the developer and builder for the Brooklyn solar project, in partnership with AI Renewable Fund, which owns the project.

When will the Brooklyn solar project begin and complete?

Construction is scheduled to begin in Spring 2026 and complete by Summer 2026, with the total development cost estimated at $13.9 million.

Where is the Brooklyn solar project located?

The project is located in Nova Scotia, Canada, as part of the country’s first Community Solar Program.

How many homes will the Brooklyn solar project power?

The project is expected to power approximately 900 homes in Nova Scotia.

What is the total development cost of the Brooklyn solar project?

The total development cost is estimated at $13.9 million.

How can I get more information about SolarBank Corporation?

More information about SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) is available in the company’s newsroom at https://ibn.fm/SUUN.

What is the Community Solar Program?

The Community Solar Program (CSP) is Canada’s first initiative aimed at supporting community solar projects, like the Brooklyn solar project, to promote renewable energy and reduce emissions.

Who owns the Brooklyn solar project?

The project is owned by AI Renewable Fund, which secured two of the three CSP contracts granted to date, totaling 6.5 MW AC.