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PowerBank Receives Final Environmental Permit for C$14 Million Nova Scotia Community Solar Project, Backed by C$4.55 Million in Federal and Provincial Grants and Tax Credits

$PBKPress releaseAug 20, 2026, 7:45 AM ETRead the release

PowerBank secured the final environmental permit for the 6.86 MW Brooklyn community solar project in Nova Scotia, with construction slated to begin in fall 2026. The C$14 million project is fully funded by AI Renewable Flow-through Fund, requiring no capital from PowerBank, and is supported by approximately C$4.55 million in federal and provincial grants and tax credits.

Key figures

Project cost
C$14 million
Homes powered
628
Lifetime savings
C$3.86 million
Bill credits rate
$0.02/kWh
Total pipeline mw
1000
Project capacity mw
6.86
Tax credits federal
C$2.639 million
Total ns portfolio mw
12.44
Grant smart renewables
C$960,000
Grant net zero atlantic
C$960,000

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.