A new federal grant of $10 million will support First Nations clean energy projects, focusing on mid-size community renewables initiatives with the goal of helping up to two projects sized at 1 MW or higher move towards financial close. The pilot grant program is designed to support projects with First Nations leadership and potential for long-term financial returns, addressing challenges and creating more established processes for grid connection in community energy projects. The urgent need for climate solutions is emphasized to mitigate health and environmental risks, including the impact of rising global temperatures on the spread of diseases and frequency of extreme weather events, highlighting the importance of protecting vulnerable populations and ecosystems.
New renewables pilot seeks to generate power, and financial returns, for First Nations communities
Written by
in