A new federal grant will provide $10 million to First Nations clean energy projects, in a pilot designed to bridge the funding gap for mid-size community renewables initiatives.
The First Nations Clean Energy Projects grant will help up to two projects sized at 1 megawatt (MW) or higher to move beyond feasibility and towards financial close.
“That was a recommendation of the [First Nations Clean Energy and Climate Change Advisory Committee], and it’s great to see that put into place,” Matt Brine, deputy secretary of the Department of Climate Change, Energy, the Environment and Water (DCCEEW) said on Thursday.
“Hopefully, we see more coming down the track soon.
“The pilot grants aim to support projects with First Nations leadership, decision-making participation, and the potential to generate long-term financial returns for First Nations people.”
