Natural Resources Canada

Natural Resources Canada

January 24, 2011 14:30 ET

Government of Canada Invests in B.C. Solar Energy Project

COLWOOD, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2011) - The Honourable Gary Lunn, Minister of State (Sport), today announced $3.9 million in support from the Clean Energy Fund for the City of Colwood's community-scale solar project. This funding is part of the Government's action to improve economic and environmental performance and support high-quality jobs.

"Investing in clean energy technologies stimulates the growth of a domestic clean energy industry, creating high-quality jobs for Canadians," said Minister Lunn.

The funding will support the development of a multi-faceted plan to increase the energy efficiency of new buildings and reduce emissions from existing buildings.

The project will include retrofitting municipal buildings with solar energy, working with developers to build new model energy-efficient buildings, working with homeowners to retrofit up to 1,000 homes, and installing electric vehicle-charging infrastructure throughout the city.

"We are aiming to help retrofit 1,000 Colwood homes with solar hot water and other clean energy upgrades over the next three years," said Mayor David Saunders. "Solar Colwood incentives will cover a significant portion of the cost of installation of solar hot water heating. Our mission is to help residents and business owners achieve significant savings on their energy bills at a time when costs are on the rise."

Since 2006, the Government of Canada has invested more than $10 billion to reduce greenhouse gas emissions and build a more sustainable environment through investments in green infrastructure, energy efficiency, clean energy technologies and the production of cleaner energy and cleaner fuels.

The Government has developed a broad suite of policies and programs to contribute to reducing greenhouse gas emissions by 17 percent below 2005 levels by 2020 — a target aligned with the United States.

"Moving forward aggressively with investments in clean energy technologies will help us reach our target and balance our need for energy with our need to protect the environment," said Minister Lunn.

Today's announcement builds on the success of many initiatives that are helping to sustain and enhance Canada's clean energy industry. Budget 2010: Leading the Way on Jobs and Growth announced an expansion of the eligibility for the accelerated capital cost allowance for equipment that generates or conserves energy by using renewable sources or fuels from waste, or by using fossil fuel efficiently.

FOR BROADCAST USE:

Minister of State Gary Lunn today announced that the Government of Canada is investing $3.9 million in the community-scale solar project of Colwood, B.C., to help boost Canada's clean energy industry and reduce greenhouse gas emissions. The funding will help retrofit up to 1,000 homes, as well as increase the energy efficiency of new buildings.

The following media backgrounder is available at www.nrcan.gc.ca/media:

Clean Energy Fund: Renewable Energy and Clean Energy Systems Demonstration Projects

NRCan's news releases and backgrounders are available at www.nrcan.gc.ca/media.

Contact Information

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