US-based SolarBank Corporation is undertaking a 1.4 MW DC rooftop solar project for Fiera Real Estate in Alberta, with construction beginning on July 15, 2024, and completion expected by November 2024. This initiative aims to help Fiera Real Estate achieve its Net Zero Carbon goal by 2040. Major equipment has been delivered, and scaffolding is already set up. The recent wildfires in Alberta highlight the urgent need for renewable energy, making this project vital for reducing carbon emissions. According to SolarBank, the company, supported by Zathura Investments, will manage development and EPC services. Fiera Real Estate, which manages over USD 7 billion in commercial real estate, is part of Fiera Capital Corporation—overseeing more than USD 122 billion in assets. Project’s potential risks include shifts in government incentives and solar energy policies.
SolarBank begins Alberta rooftop solar project construction
SolarBank, supported by Zathura Investments, provides EPC services for the Alberta rooftop solar project. (Image Credit: Pixabay)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)