Communities across Canada are working toward a more sustainable and prosperous future by creating an electricity grid that provides clean and affordable energy to homes and businesses when they need it. Investing in clean energy projects in partnership with Indigenous communities, workers and industry is critical to delivering good jobs while unlocking economic opportunities for future generations.
Today, the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced up to $25 million for the Weavers Mountain Wind Energy Project. The project will supply nearly 95 megawatts (MW) of zero-emissions power by reducing greenhouse gas (GHG) emissions by almost 165,000 tonnes of CO2 equivalent per year and powering almost 14,000 homes per year. This project will provide clean energy to Nova Scotia's electricity grid and deliver low and more stable prices for ratepayers in the long term while creating an estimated 230 new jobs.
A cleaner and more reliable grid is essential to delivering on Nova Scotia's goal of achieving 80-percent renewable energy by 2030 and to Canada's international commitment to achieving a net-zero electricity system by 2035. The project is an undertaking by WEB Weavers Mountain Wind LP, a majority-Indigenous-owned partnership between Glooscap Energy LP and SWEB Development LP. Glooscap Energy LP is a 100-percent Indigenous community-owned organization, whose purpose is to explore and implement renewable energy projects. The project is expected to provide benefits to underrepresented communities and local organizations in Nova Scotia.
Federal funding for the project is provided by Canada's $1.56-billion Smart Renewables and Electrification Pathways Program (SREPs), which is designed to help replace fossil-fuel-generated electricity with renewable energy, battery storage and grid modernization solutions while providing essential grid services throughout the country. This program is actively supporting Canada's ongoing transition to a net-zero economy by 2050 and Canada's commitment to meeting Clean Electricity Regulations objectives.
