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Provincial utility Nova Scotia Power and the Mi’kmaw-owned Wskijnu’k Mtmo’taqnuow Agency (WMA) have received regulatory approval to invest C$354-million in three 50-megawatt battery storage plants in the communities of Bridgewater, Waverley, and White Rock.
The sites “were chosen for their proximity to existing Nova Scotia Power substations, which will convert and transmit the stored electricity,” PVBuzz Media writes.
It’s the largest energy storage project in Atlantic Canada, expected to reduce greenhouse gas emissions by 98,000 tonnes per year, said the Canadian Infrastructure Bank, which is contributing $116 million to the effort. It’s also the 13-member WMA’s first equity investment with Nova Scotia Power (NSP), and the CIB’s first equity loan under its $1-billion Indigenous Equity Initiative.
Read the full post at The Energy Mix.
