Canada invests in renewable energy projects in three provinces

September 8, 2008—Natural Resources Canada recently announced The Government of Canada’s investments in seven renewable energy projects throughout British Columbia, Alberta, and Prince Edward Island under the ecoENERGY for Renewable programs.

  • The Cypress Creek Hydroelectric Project in British Columbia will receive up to $1.1 million in funding for its low-impact, run-of-river hydro project
  • The Thermo Matrix Solar Project will receive $130,000 to install solar powered water-heating systems in 130 new homes in Salmon Arm, British Columbia
  • ENMAX Energy Corporation will receive $450,000 to support the installation of solar-powered water-heating systems in homes in the Calgary, Alberta, area
  • The East Point Wind Plant in Prince Edward Island will receive up to $9 million in funding
  • The South Cranberry Creek Power Project in British Columbia will receive up to $3.7 million in funding
  • The Norway Wind Park in Prince Edward Island will receive up to $2.8 million in funding over 10 years
  • The Kwalsa low-impact hydro project near Harrison Lake, British Columbia, will receive an investment of up to $35 million
  • The ecoENERGY for Renewable Heat program is one of a series of ecoENERGY initiatives through which the Government of Canada is investing more than $3.6 billion to increase Canada’s supply of clean, renewable energy and help Canadians reduce their energy costs and emissions. The initiatives are a key part of the Government of Canada’s Turning the Corner plan to fight climate change by achieving an absolute reduction of 20 percent in greenhouse gas emissions by 2020.

    Businesses, municipalities, institutions, and organizations are eligible to apply for funding under ecoENERGY for Renewable Power. The program provides about $1.48 billion to increase Canada’s supply of clean electricity from renewable sources such as wind, biomass, low-impact hydro, geothermal, solar photovoltaic, and ocean energy. It will encourage the production of up to 4,000 megawatts of new electricity from renewable energy sources—enough electricity to power about one million homes.

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