11:05 AM EST, 11/05/2024 (MT Newswires) -- SolarBank ( SUUN ) said Tuesday it plans to develop a 3.1-megawatt solar power project called West Petpeswick in Nova Scotia, Canada.

Financial details weren't disclosed.

The solar power project, owned by AI Renewable, aligns with Nova Scotia's goals of 80% renewable energy by 2030 and net zero by 2035, SolarBank ( SUUN ) said.

This project is expected to power 290 homes, the company added.

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