New Funding to Support Renewable Energy in Island Communities

Georgetown Clean Tech Park PEI

January 8, 2024

A new fund will help support community-based renewable energy generation.

The three-year $3.5 million Community Renewable Energy Generation (CREG) Fund is now open to applications from municipalities, Indigenous communities, and community groups.

“Residents know what is needed in their own communities, and they want to do their part for the environment to make sure their communities can grow sustainably. This fund will empower Island communities to do just that.”

– Environment, Energy and Climate Action Minister Steven Myers

Building on the Sustainable Communities Initiative, the new CREG fund will advance between six and 10 local, community-driven projects to generate cleaner and greener power, annually. 

Examples of eligible projects include:

  • renewable energy generation, including biomass, wind, solar, tidal/stream energy systems
  • dual-fuel generators that act as a standby, emergency power source, coupled with a renewable energy generation install
  • identifying opportunities for improving energy efficiency at the community level and/or making existing community energy systems more efficient.  

“By creating sustainable communities, we can reduce our greenhouse gas emissions and build a more resilient province as we work towards our target of net-zero emissions by 2040,” said Minister Myers.

Learn more and apply at Community Renewable Energy.

Source

Related Articles


Latest Articles


Changing Scene

  • Federal Investment to Add 989 New Montreal Homes

    Federal Investment to Add 989 New Montreal Homes

    November 18, 2024 The federal government is providing nearly $364 million to help build 989 new homes in Montreal. The announcement took place at 5200 rue de la Savane, in Montreal, which received $100 million dollars through the Apartment Loan Construction Program (ACLP) to build 303 homes and will be operated by Olymbec. This rental building, named Lynk, is designed to… Read More…

  • ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    November 18, 2024 ABB completed the previously announced 50/50 joint venture with Niedax Group. The Abnex Inc. joint venture (JV) will broaden solutions and advance opportunities in the rapidly growing North American cable management market. Integrating engineering and manufacturing capabilities of ABB’s Installation Products Division with Niedax Group will enable the newly formed company to deliver a… Read More…

  • Ontario Building More Electric Vehicle Charging Stations

    Ontario Building More Electric Vehicle Charging Stations

    November 18, 2024 The Ontario government is building over 1,300 new electric vehicle (EV) charging ports in small and medium-sized communities, marking a major milestone in the province’s plan to increase access to EV chargers outside of large urban centres and support the electrification of transportation across the province. As the province continues to see… Read More…

  • Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    November 18, 2024 The Ontario government is launching the second round of its Skills Development Fund (SDF) Capital Stream starting November 29, with over $74 million in available funding to build, expand and retrofit training facilities for workers in the trades, including construction, manufacturing technology and health care. The government is also investing nearly $5 million from the first… Read More…