GSI partners with indigenous community for 100MW solar power project in Saskatchewan
Greenwood Sustainable Infrastructure LLC (GSI), a renewable energy arm of the Libra Group, has announced a substantial investment of approximately $200 million (CDN) in a solar energy project in Saskatchewan, Canada. This move aligns with GSI’s commitment to sustainable energy development and marks a significant step in expanding its global green energy footprint.
Collaborative Development with Indigenous Communities
The investment is part of a partnership with Saturn Power Inc. and Ocean Man First Nation through the Greenwood Sustainable Infrastructure-led Iyuhána Solar entity. This collaborative effort has been awarded a Power Purchase Agreement (PPA) to construct and operate a 100-megawatt utility-scale solar facility, positioning it among Canada’s top ten solar installations by size.
Strategic Location and Renewable Energy Goals
Located in the Rural Municipality of Estevan, the emissions-free solar facility is set to produce enough power for about 25,000 homes. This initiative is a key part of Saskatchewan’s plan to establish a sustainable public transportation system, aligning with the province’s National Energy and Climate Plan that aims for significant renewable energy capacity by 2030.
Greenwood Sustainable Infrastructure commits to 100MWac solar power project in Saskatchewan
Empowering Local Communities and Environment
Greenwood Sustainable Infrastructure’s partnership with Ocean Man First Nation is pivotal, as the indigenous community will have an ownership stake in Iyuhána Solar. The project will provide training, employment opportunities, and educational collaborations, underscoring GSI’s commitment to community engagement and empowerment.
Greenwood Sustainable Infrastructure’s Role in Renewable Energy Expansion
Greenwood Sustainable Infrastructure, with its extensive experience in renewable energy, is leading the way in the development of green energy solutions. This project in Saskatchewan is a testament to Greenwood Sustainable Infrastructure’s commitment to sustainable development and its role as a key player in the global renewable energy market.
Its investment in the Saskatchewan solar project demonstrates a significant commitment to renewable energy and sustainable development. The collaboration with indigenous communities is a model for future renewable projects, highlighting the importance of community engagement in sustainable initiatives. This investment not only contributes to Canada’s renewable energy goals but also sets a precedent for environmentally responsible development in the energy sector.