Canadian Solar and Energy Storage Installations Surge in the Last 5 Years
Canadian Solar and Energy Storage Installations Surge as renewable energy in Canada continues on an exciting trajectory. The Canadian Renewable Energy Association (CanREA) reports a 46% increase in installed wind, solar, and energy storage capacity over the past five years. Solar power and energy storage have experienced remarkable growth, rising by 92% and 192%, respectively.
With a total installed capacity of 24 GW, wind, solar, and battery storage have become Canada’s fastest-growing energy sources. Looking ahead, projections indicate an additional 10 GW of capacity will be installed by 2030, bringing Canada’s total renewable energy capacity to 34 GW—surpassing the current 14.5 GW of nuclear energy capacity.
CMI Solar: Driving Canada’s Renewable Energy Future
At CMI Solar, we are proud to be part of this transformation. Our team remains committed to expanding commercial and residential solar and battery storage solutions, making clean energy more accessible across Canada. With strong momentum, we look forward to playing a key role in Canada’s solar and energy storage expansion over the next five years.
Canada must move to a net-zero electricity grid by 2035 to reach net-zero GHG emissions across the economy by 2050. To support this transition, significant investments are being made at both federal and provincial levels to accelerate solar and battery storage adoption. Recent initiatives include:
- Ontario: An $860,000 rebate for businesses installing behind-the-meter load displacement systems.
- British Columbia: Rebates of up to $150,000 for commercial solar and battery solutions.
- Federal Incentives: A 30% refundable tax credit for commercial clean technology investments, launched last year.
- Residential Rebates: New solar and battery storage incentives in BC and Ontario to encourage homeowner adoption.
Now is the perfect time to invest in solar and energy storage. Join the movement toward a cleaner, more sustainable Canada.
Contact CMI Solar today for a free quote!
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