The Canadian government said it will invest CAD 12.3 million (USD 9.3m/EUR 7.9m) in a 10-MW solar-plus-storage project on Prince Edward Island.
Funds for the construction of the Slemon Park Microgrid Project will come from the Green Infrastructure Stream (GIS) and the Smart Grid Program, both part of the government’s Investing in Canada infrastructure plan.
The Prince Edward Island government is contributing CAD 12.7 million.
The new solar array and storage facility are expected to boost renewable energy used on the island by 3.5%, as announced by the Canadian government’s department Infrastructure Canada.
Prince Edward Island, a province in the eastern part of the country, relies in part on important power and is working to achieve energy independence, according to the press release.
The micro-grid project will occupy an area of 100 acres (40.5 hectares) in the community of Slemon Park. Once in operation, the plant will lower electricity costs for the local residents, reduce greenhouse gas emissions and contribute to Prince Edward Island’s energy self-sufficiency goals.