Category: News Release

News release: CanREA Summit examines renewables investment in Canada’s current financial landscape

Posted on by Melissa McDougall

At Clean Power Finance Canada—CanREA Summit 2025, finance and energy industry experts highlighted massive opportunities for investors, developers and policymakers to build a clean, affordable and resilient energy future for all Canadians.

Toronto, June 25, 2025— More than 200 people attended the second edition of Clean Power Finance Canada—CanREA Summit, a full-day conference presented by CIBC and held at CIBC Square in downtown Toronto today.

This annual event brings together clean energy companies and investment experts to discuss the particularities of investing in renewable energy and energy storage projects, aiming to understand the current financial landscape of Canada’s clean-energy industry, which stands ready to build modular, scalable, clean energy projects at pace to serve Canadian industries, businesses and homes.

“Clean electricity is a strategic Canadian advantage, and Canada is open for business: CanREA is currently tracking more than 18 GW of new clean energy projects, representing more than $34 billion in investment, and there continues to be massive opportunities for investors, developers and policymakers to collaborate in building a cleaner energy future for Canadians,” said Vittoria Bellissimo, CanREA’s President and CEO.

“As global electricity demand continues to rise, we must accelerate the planning and execution of clean energy projects to ensure affordable, reliable and sustainable power for our industries, businesses and households.”

Many leading Canadian finance and energy experts highlighted the critical role of strategic investments and policy support in accelerating Canada’s clean energy transition in the current geopolitical landscape.

“As markets across Canada continue to seek new energy sources, the clean electricity sector has a unique opportunity to satisfy some of those needs and CIBC is ready to support our clients’ ambitions in the sector,” said James Brooks, Managing Director & Co-Head, Energy, Infrastructure & Transition, Global Investment Banking, CIBC.

Roman Dubczak (Deputy Chair at CIBC Capital Markets), delivered the Summit’s opening remarks, alongside CanREA’s Bellissimo, followed by a keynote address from Sashen Guneratna (Managing Director, Investments, at Canada Infrastructure Bank).

In the opening plenary, “Global trends, local impacts: How will international trade and energy policies affect Canada’s clean energy markets,” moderator Michelle Chislett (Executive VP at Northland Power) and panelists James Brooks (Managing Director and Co-Head of Energy, Infrastructure and Investment Banking at CIBC), Elizabeth Kaiga (CCO of Energy Systems, North America at DNV) and Ryan Lax (Counsel, Torys LLP) provided informed answers to urgent questions about the current global trade and energy landscape and how to navigate these turbulent times.

Other highlights included:

  • In “Cutting edge: Financing emerging clean power technologies,” panelists delved into the innovative tech poised to burst onto the clean-power scene—and the supply chains required to service them.
  • In “Indigenous equity financing: Funding opportunities for clean energy partnerships,” speakers identified well-known obstacles and various financing and investment solutions for Indigenous communities seeking equity partnerships.
  • In “Mapping the political landscape: Policy insights for Canada’s clean power industry,” speakers discussed Canada’s current energy and electricity policies as the cornerstone of our economic growth and national sovereignty.
  • In “Canada’s Renewable Energy Market Outlook 2025,” representatives of CanREA and Dunsky Energy + Climate Advisors offered a preview of their upcoming report, launching in September 2025, which will present a comprehensive forecast and analysis of the future costs and market outlook for wind energy, solar energy and energy storage technologies across Canada.
  • At the annual “CanREA Connects Ontario” networking reception, nearly 300 industry professionals capped off the Summit with drinks, laughs and discussions about the day’s topics.

“This year’s Clean Power Finance Canada—CanREA Summit investigated the financial mechanisms driving Canada’s clean energy future and examined how we can ensure the investment needed to accelerate the deployment of all the affordable clean power we will need in the coming years,” said Wesley Johnston, CanREA’s Vice President, Business Development, Finance and Operations.

“This event is about more than just capital—it’s about collaboration between developers, investors, Indigenous partners and policymakers, to get clean energy projects built on time and on budget.”

CanREA wishes to thank all attendees, moderators and speakers for helping to make the Clean Power Finance Canada—CanREA Summit a success. A special word of thanks to our Presenting Sponsor CIBC, as well as Platinum Sponsors Vancity Community Investment Bank (VCIB) & Northland Power, Gold Sponsors DNV, Gowling WLG & Dunsky Energy + Climate Advisors, Silver Sponsors Goldwind, EDF, LCAB & Osler, and Bronze Sponsors Innergex, Compass Energy Consulting, RES Group, TACT, KPMG, Hub International, PCL Construction, Phoventus & Nordex.

Photos

Photo: More than 200 people attended the second annual Clean Power Finance Canada—CanREA Summit, held June 25 in downtown Toronto. This full-day conference, hosted by the Canadian Renewable Energy Association (CanREA), brings together industry leaders and investment experts, aiming to open dialogue between Canada’s finance and clean power industries.
Photo: Roman Dubczak, Deputy Chair at CIBC Capital Markets, delivered opening remarks from the Summit’s Presenting Sponsor, CIBC.
Photo: The opening plenary, “Global trends, local impacts: How will international trade and energy policies affect Canada’s clean energy markets,” featured moderator Michelle Chislett (Executive VP at Northland Power) and panelists James Brooks (Managing Director and Co-Head of Energy, Infrastructure and Investment Banking at CIBC), Elizabeth Kaiga (CCO of Energy Systems, North America at DNV) and Ryan Lax (Counsel, Torys LLP).

Quotes

“As markets across Canada continue to seek new energy sources, the clean electricity sector has a unique opportunity to satisfy some of those needs and CIBC is ready to support our clients’ ambitions in the sector.”

—James Brooks, Managing Director & Co-Head, Energy, Infrastructure & Transition, Global Investment Banking CIBC

“Clean electricity is a strategic Canadian advantage, and Canada is open for business: CanREA is currently tracking more than 18 GW of new clean energy projects, representing more than $34 billion in investment, and there continues to be massive opportunities for investors, developers and policymakers to collaborate in building a cleaner energy future for Canadians. As global electricity demand continues to rise, we must accelerate the planning and execution of clean energy projects to ensure affordable, reliable and sustainable power for our industries, businesses and households.”

—Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)

“This year’s Clean Power Finance Canada—CanREA Summit investigated the financial mechanisms driving Canada’s clean energy future and examined how we can ensure the investment needed to accelerate the deployment of all the affordable clean power we will need in the coming years. This event is about more than just capital—it’s about collaboration between developers, investors, Indigenous partners and policymakers, to get clean energy projects built on time and on budget.”

—Wesley Johnston, Vice President, Business Development, Finance and Operations, Canadian Renewable Energy Association (CanREA)

For interview opportunities, please contact:

Michaela Ianni, Communications Specialist
Canadian Renewable Energy Association
613-805-4465
communications@renewablesassociation.ca

About CanREA

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. Follow us on Bluesky and LinkedIn. Subscribe to our newsletter. Learn more at renewablesassociation.ca. 

Nominations now open for the first-ever CanREA Awards

Posted on by Melissa McDougall

The inaugural CanREA Awards will be presented at Electricity Transformation Canada on October 6 in Toronto.    

Ottawa, June 24, 2025—As part of its fifth anniversary celebrations, the Canadian Renewable Energy Association (CanREA) is launching a new Awards program recognizing excellence in Canada’s wind, solar and energy storage industry.

CanREA members are invited to nominate themselves, or colleagues within the Canadian renewables and energy storage industries, until August 29 at 11:59 p.m. PT.

“The CanREA Awards program is a new initiative that aims to celebrate exceptional wind, solar, behind-the-meter, and energy storage projects demonstrating innovation, leadership and commitment in Canada, as well as Indigenous organizations driving our energy transition,” said Vittoria Bellissimo, CanREA’s President and CEO.

There are three Award categories:

  • Innovative Canadian Clean Energy Project of the Year, recognizing groundbreaking advancements in renewable energy & energy storage solutions.
  • Indigenous Clean Energy Company of the Year, honouring Indigenous-owned organizations driving Canada’s energy transition.
  • Canadian On-Site (BTM) Project of the Year, recognizing excellence in behind-the-meter (BTM) solar and/or storage solutions.

Each Award has specific criteria and eligibility guidelines, which can be accessed on the CanREA member portal, along with a detailed description of each category. Projects and/or organizations must be operating within Canada to be considered. For questions or more information, please contact CanREA at awards@renewablesassociation.ca.

All nominations will be evaluated by an impartial committee composed of stakeholders from across Canada’s renewable energy and energy storage sectors, based on the criteria outlined on the member portal. To ensure a fair and balanced review process, any organization submitting a nomination is not permitted to participate on the selection committee.

The award-winners will be announced at our Electricity Transformation Canada conference in Toronto on October 6, 2025.  

We look forward to celebrating our outstanding industry members together!

Quotes

“The CanREA Awards program is a new initiative that aims to celebrate exceptional wind, solar, behind-the-meter, and energy storage projects demonstrating innovation, leadership and commitment in Canada, as well as Indigenous organizations driving our energy transition.”

—Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)

For media inquiries or interview opportunities, please contact: 

Communications 
Canadian Renewable Energy Association 
communications@renewablesassociation.ca 

About CanREA 

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn here. Learn more at renewablesassociation.ca. 

An energy solution made in Saskatchewan

Posted on by Melissa McDougall

Saskatchewan should recommit to its plan to procure 3,000 MW of abundant, affordable wind and solar energy by 2035.

Regina, June 23, 2025—The Canadian Renewable Energy Association (CanREA) is concerned that the Government of Saskatchewan’s plans to extend the lifecycle of their coal-generation plants, as signalled on June 18, will have an impact on future renewable energy plans in the province.

CanREA encourages the government, in its effort to protect Saskatchewan jobs and utilize Saskatchewan resources, to recommit to its 2022 commitments to procure 3,000 MW of wind and solar by 2035, as part of an energy vision that leverages wind energy, solar energy and energy storage technologies.

“Saskatchewan has world-class wind and solar resources—among the best in Canada—and it makes sense to tap into these abundant, affordable, renewable sources of energy,” said Kelly Hall, CanREA’s Director for Saskatchewan and Indigenous Engagement.

The 3,000 MW target will support five key priorities: affordability, Indigenous Reconciliation, economic development, effective project siting and engagement, and long-term energy security. These priorities have been cited to justify extending coal power production, but they’re even stronger reasons to accelerate the shift to renewables.

Affordability

Renewables with storage are the most cost-effective and rapidly deployable new energy sources, according to financial services firm Lazard.

For example, on May 1, 2025, SaskPower announced long-term (25-30 year) PPAs for the 200 MW Rose Valley Wind Project, east of Assiniboia, and the 100 MW Southern Springs Solar Project, south of Coronach. While contract prices remain confidential, SaskPower President Rupen Pandya disclosed average bid prices of $64/MWh for wind and $90/MWh for solar—both well below SaskPower’s current retail rate of $150/MWh.

These prices align with 2018 results, when Potentia Renewables won a PPA for the Golden South Wind facility at $42/MWh for 29 wind bids. Now operational, that project delivers affordable electricity to the grid, as do all Saskatchewan’s 920 MW of wind and solar projects.

Renewables help keep costs low for all ratepayers, and Saskatchewan deserves more success stories like these.

Indigenous Reconciliation

Wind and solar are well suited to Indigenous equity partnerships, which will advance economic reconciliation in Saskatchewan. Equity partnerships benefit Indigenous communities, ratepayers and the electricity system.

For example, SaskPower recently selected renewable energy projects jointly owned by Potentia Renewables, Meadow Lake Tribal Council and Mistawasis Nehiyawak. These majority Indigenous-owned ventures continue Saskatchewan’s tradition of Indigenous leadership in renewables.

With a commitment to Indigenous equity in all future RFPs, the 3,000 MW renewables plan can expand on past success.

Economic development & job opportunities 

Renewables bring billions in investment and create jobs. At the May 1 SaskPower announcement, Potentia Renewables said the Rose Valley Wind Project will cost nearly $450 million; the solar project, about $185 million.

Based on current projects, a typical 200 MW wind project creates 200 to 300 construction jobs, invests more than $400 million locally, and generates more than $1 million annually in property taxes and landowner payments.

Saskatchewan’s 3,000 MW renewables plan could mean 4,500 to 6,000 jobs, $5 to 6 billion in rural investment, and tens of millions annually for local landowners and municipalities. Investing in renewables is investing in rural Saskatchewan.

Project siting and community engagement

Communities across the province expect thoughtful project siting and responsive public engagement. Fortunately, new wind and solar projects require local landowner agreements, are designed to co-exist with agriculture and deliver direct benefits to host municipalities. 

Responsible development is already a standard practice in the renewables sector and among CanREA members.

Energy security

In uncertain times, energy security is a valid concern. Saskatchewan can count on its outstanding wind and solar resources to reduce its reliance on imported fuels and protect itself from cross-border risks.

New wind and solar projects can give Saskatchewan control over its grid, without worrying that another jurisdiction might turn off the tap.

It makes sense for the province to invest in its own abundant, affordable resources. Recommitting to the plan of 3,000 MW of renewable energy by 2035 will support energy security, protect local jobs, maintain affordability, and promote Indigenous Reconciliation, all in harmony with landowner and community needs.

“It’s an energy solution that’s made in Saskatchewan,” said Hall.

Quote

“Saskatchewan has world-class wind and solar resources—among the best in Canada—and it makes sense to tap into these abundant, affordable, renewable sources of energy. It’s an energy solution that’s made in Saskatchewan.”

 —Kelly Hall, Director for Saskatchewan and Manitoba, and for Indigenous Engagement, Canadian Renewable Energy Association (CanREA)

For media inquiries or interview opportunities, please contact: 

Communications 
Canadian Renewable Energy Association 
communications@renewablesassociation.ca 

About CanREA

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn here. Learn more at renewablesassociation.ca. 

First “Manitoba Wind Energy Indigenous Equity Summit” a success

Posted on by Melissa McDougall

A unique conference, presented by Canadian Renewable Energy Association (CanREA) in collaboration with Indigenous Clean Energy (ICE), recognizes the critical role of Indigenous engagement in Manitoba’s energy transition.

Winnipeg, Manitoba, June 20, 2025—More than 120 people attended the Manitoba Wind Energy Indigenous Equity Summit, held at the Winnipeg Art Gallery on June 18, 2025, presented by Canadian Renewable Energy Association (CanREA) in collaboration with Indigenous Clean Energy (ICE).

This unique, invitation-only event brought together key representatives from Manitoba’s Indigenous and renewable energy communities to discuss Manitoba Hydro’s recently launched wind energy procurement, entitled “Call for Power: Indigenous Majority Owned Wind,” part of the Manitoba Affordable Energy Plan. This is the province’s first significant wind-energy procurement in many years. An RFP for 600 MWs of wind energy is expected to be issued in August of this year, with a majority Indigenous-ownership criteria.

“In order for Manitoba’s new wind energy procurement to succeed, the renewable energy industry must commit to ensuring that development plans align with the priorities of Indigenous communities,” said Evan Wilson, CanREA’s Vice President of Policy—Western Canada and National Affairs.

The Summit kicked off with opening remarks by the Hon. Mike Moyes, Manitoba’s Minister of Environment and Climate Change, as well as the Hon. Adrien Sala, Minister of Finance and Minister responsible for Manitoba Hydro, who spoke about the importance of collaboration and the value that such an event can bring to the process.

In “Wind Energy 101 – Developer Spotlight Panel,” Wilson moderated a panel of wind energy developers with successful projects elsewhere in Canada, including Ina Gjoka (Innergex), Brian Hodder (Renewable Energy Systems / RES Group), Galvin Clancey (Nordex) and Jennifer Tuck (Potentia Renewables), who shared lessons learned and ideas for how best to work together for Manitoba’s energy transition.

Following this discussion, Mihskakwan James Harper (NRStor & ICE board member) moderated a panel on “Indigenous Nation: Wind Pathways Success,” featuring panelists Chris Henderson, Kory Wood (Kikinaw Energy Services), and Drew Bernard (Lennox Island First Nation). 

“Indigenous 51% equity is essential to Manitoba’s wind call for power. The Government of Manitoba’s Indigenous inclusion goal was supported by CanREA members and Indigenous communities at the Indigenous Equity Summit in Winnipeg. Indigenous Clean Energy’s collaboration with CanREA was positive, reflecting this vision,” said Henderson.

Later that morning, CanREA’s Director for Saskatchewan and Indigenous Engagement, Kelly Hall, emceed a session on “Indigenous Loan Guarantees & Financing Options,” in which the Canada Infrastructure Bank’s Justin Lok presented on Financing Indigenous Equity, the Manitoba Finance Treasury Division’s Nicoleta Oprea presented on the Government of Manitoba Treasury, and the Canada Indigenous Loan Guarantee Corporation’s Pearl Yuzicappi presented on the Canada Development Investment Corporation.

The afternoon was split into two simultaneous tracks: The CanREA track consisted of a session on “Wind Energy Procurement Guidance,” in which CanREA’s Director for Manitoba & Saskatchewan and for Indigenous Engagement, Kelly Hall, hosted Bryce Wood and team from Manitoba Environment and Climate Change’s Environmental Approvals Branch, as well as Adrienne McGarrigle of Solas Energy, who offered guidance to help navigate the upcoming Wind Energy Procurement Process.

The Indigenous Clean Energy track consisted of several sessions. It began with an “Indigenous Nation-Nation Experience Sharing Session,” with opening remarks by Kisik Energy Manitoba’s Darrell Brown, a Founding Chair at ICE. Next, the “Indigenous Renewables Turtle Island Landscape” session was facilitated by ICE’s Henderson and ICE Board Member Mihskakwan James Harper of NRStor.

The “Indigenous Wind Project Development Discussion,” also facilitated by Henderson, featured Kory Wood (Kikinaw Energy Services), Troy Jerome (Sentii Energy, Kiruguj First Nation) and Drew Bernard (Lennox Island First Nation).

The Summit closed with an open Q&A discussion with the audience, facilitated by CanREA & ICE, with special guest Isabelle Deguise of Renewable Energy Systems (RES) Canada Inc., who is also a CanREA Board member.

“The first-ever Manitoba Wind Energy Indigenous Equity Summit was a great success.  Indigenous engagement is a priority for the clean energy industry, as it is critical to the success of the energy transition in Manitoba, and across Canada. As Manitoba’s current Indigenous wind energy procurement progresses, CanREA will continue to advocate for Indigenous engagement, share our industry knowledge and be a voice for the industry in Manitoba,” said Hall.

CanREA thanks all attendees and speakers for participating in the Summit, with a special thanks to ICE for their collaboration in organizing, supporting and executing the Summit, and to our generous sponsors, Northland Power (the Wellness and Networking Break Sponsor), and MLT Aikins (the Networking Lunch Sponsor). Doing double duty, Drew Lafond and Kevin Mehi of MLT Aikins also presented at the Summit, focusing on “Legal Considerations for Indigenous Equity Ownership.”

Photos

Photo: In “Wind Energy 101 – Developer Spotlight Panel,” CanREA’s Evan Wilson (far right) moderated a panel of wind energy developers with successful projects elsewhere in Canada, including (from L to R) Brian Hodder (Renewable Energy Systems / RES Group), Ina Gjoka (Innergex), Jennifer Tuck (Potentia Renewables) and Galvin Clancey (Nordex).
Photo: The panel on “Indigenous Nation: Wind Pathways Success” featured, from left to right: moderator Mihskakwan James Harper (NRStor & ICE board member), and speakers Kory Wood (Kikinaw Energy Services), Drew Bernard (Lennox Island First Nation), and Chris Henderson (Indigenous Clean Energy). 
Photo: The Manitoba Wind Energy Indigenous Equity Summit kicked off with opening remarks by the Hon. Mike Moyes, Manitoba’s Minister of Environment and Climate Change (left), as well as the Hon. Adrien Sala, Minister of Finance and Minister responsible for Manitoba Hydro (right), who spoke about the importance of collaboration and the value that such an event can bring to the process. Centre: Kelly Hall, CanREA’s Director for Manitoba & Saskatchewan and for Indigenous Engagement.

Quotes

“In order for Manitoba’s new wind energy procurement to succeed, the renewable energy industry must commit to ensuring that development plans align with the priorities of Indigenous communities.”

—Evan Wilson, Vice President of Policy—Western Canada and National Affairs, Canadian Renewable Energy Association (CanREA)

“Indigenous 51% equity is essential to Manitoba’s wind call for power. The Government of Manitoba’s Indigenous inclusion goal was supported by CanREA members and Indigenous communities at the Indigenous Equity Summit in Winnipeg. Indigenous Clean Energy’s collaboration with CanREA was positive, reflecting this vision.” 

—Chris Henderson, Founding Executive Director, Indigenous Clean Energy (ICE)

“The first-ever Manitoba Wind Energy Indigenous Equity Summit was a great success. Indigenous engagement is a priority for the clean energy industry, as it is critical to the success of the energy transition in Manitoba, and across Canada. As Manitoba’s current Indigenous wind energy procurement progresses, CanREA will continue to advocate for Indigenous engagement, share our industry knowledge and be a voice for the industry in Manitoba.”

—Kelly Hall, Director for Manitoba & Saskatchewan, and for Indigenous Engagement, Canadian Renewable Energy Association (CanREA)

For media inquiries or interview opportunities, please contact: 

Communications 
Canadian Renewable Energy Association 
communications@renewablesassociation.ca 

About CanREA 

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn here. Learn more at renewablesassociation.ca. 

STATEMENT: Ontario’s Integrated Energy Plan emphasizes DERs and procurements

Posted on by Melissa McDougall

Ontario recognizes that onsite solar and storage, plus predictable procurements including wind and solar energy, are key to delivering reliable, affordable power to communities, farmers and businesses.  

Toronto, June 12, 2025—The Canadian Renewable Energy Association (CanREA) is encouraged to see Distributed Energy Resources (DERs) and predictable procurement windows emphasized in Ontario’s Integrated Energy Plan (IEP), which was announced in a press conference today by Stephen Lecce, Minister of Energy and Mines, and Sam Oosterhoff, Associate Minister of Energy Intensive Industries.

According to the Ministry, the IEP, entitled “Energy for Generations,” aims to provide a coordinated, long-term approach to ensure Ontario has the energy it needs to power homes, businesses, and industry with abundant, reliable, clean, and affordable energy supply.

CanREA worked with the government and its agencies to inform aspects of this plan, contributing our expertise to help shape the DER approach and procurement strategy.

“The government’s continued commitment to competitive, transparent procurements—reaffirmed in the Integrated Energy Plan (IEP)—will drive low-cost clean energy investments that benefit Ontario ratepayers,” said Vittoria Bellissimo, CanREA’s President and CEO.

CanREA has long advocated for consistent procurements, with open processes, as the most effective way for investors and developers to successfully build out the new wind, solar and energy storage projects needed to help meet growing demand in Ontario.

“We are also encouraged that the IEP identifies the critical actions needed to fully leverage the significant potential of distributed energy resources (DERs) that bring energy and resilience to all regions in the province,” said Bellissimo.

Specifically, the IEP indicates the intention to create a DER stream in the IESO’s Enabling Resources Program and to enable broader opportunities for DERs in IESO procurements and programs. The government also plans to review Ontario’s net metering framework and launch a Local Generation Program to create new pathways for DER providers.

As a whole, the DER strategy clearly recognizes CanREA’s position that rooftop solar and batteries are ready to play a growing role in delivering reliable, affordable power to Ontario’s communities, farmers and businesses.

“Going forward, CanREA is ready to help the government and its agencies execute key initiatives from the Integrated Energy Plan, and CanREA members will continue to invest in clean energy projects in this province through Ontario’s upcoming procurements and programs,” said Eric Muller, CanREA’s Ontario Director.

PHOTO (from left to right): Minister Stephen Lecce (Ontario Minister of Energy and Mines), Leonard Kula (CanREA Vice President of Policy—Eastern Canada and Utility Affairs), Minister Sam Oosterhoff (Associate Minister of Energy Intensive Industries), at the announcement of Ontario’s new Integrated Energy Plan (IEP), “Energy for Generations,” in Toronto on June 12, 2025.

Quotes

“The government’s continued commitment to competitive, transparent procurements—reaffirmed in the Integrated Energy Plan (IEP)—will drive low-cost clean energy investments that benefit Ontario ratepayers. We are encouraged that the IEP identifies the critical actions needed to fully leverage the significant potential of distributed energy resources that bring energy and resilience to all regions in the province.”

—Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)

“Going forward, CanREA is ready to help the government and its agencies execute key initiatives from the Integrated Energy Plan, and CanREA members will continue to invest in clean energy projects in this province through Ontario’s upcoming procurements and programs.”

—Eric Muller, Ontario Director, Canadian Renewable Energy Association (CanREA)

For media inquiries or interview opportunities, please contact: 

Communications 
Canadian Renewable Energy Association 
communications@renewablesassociation.ca 

About CanREA 

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn here. Learn more at renewablesassociation.ca. 

CanREA applauds BC Hydro for moving forward with capacity RFEOIs

Posted on by Melissa McDougall

CanREA members eager to inform future procurements by highlighting the role of storage in BC’s clean energy transition. 

Toronto, June 10, 2025—The Canadian Renewable Energy Association (CanREA) welcomes two new clean energy RFEOIs in British Columbia, as recently announced by Minister Adrian Dix, British Columbia’s Minister of Energy and Climate Solutions.  

On June 4, 2024, BC Hydro launched two requests for expressions of interest (RFEOI) to explore the next era of the province’s power potential, expand clean-energy resources and advance energy efficiency. Both initiatives are part of the recently announced Clean Power Action Plan, an ambitious strategy to strengthen energy security, enhance system resilience and accelerate the transition to clean electricity. 

The first RFEOI focuses on meeting growing peak demand through new baseload and capacity solutions such as energy storage. The second RFEOI targets innovation in energy efficiency. Submissions will close in September 2025. The details are available on BC Hydro’s website.

“We are fortunate to have a range of flexible energy storage solutions we can leverage in Canada, and we are thrilled that BC is taking the first step in getting more of these projects to market and building a more diverse and resilient electricity system,” said Vittoria Bellissimo, CanREA’s President and CEO.

CanREA is encouraged by BC Hydro’s commitment to soliciting broad feedback from industry on the full range of potential technology solutions, including energy storage, that can meet capacity needs and using this feedback to inform future procurement processes.

“CanREA members look forward to working with BC Hydro to develop innovative, cost-effective capacity solutions that will support the integration of renewables into the grid and BC’s clean energy transition,” said Patricia Lightburn, CanREA’s BC Director.

Quotes

“We are fortunate to have a range of flexible energy storage solutions we can leverage in Canada, and we are thrilled that BC is taking the first step in getting more of these projects to market and building a more diverse and resilient electricity system.”

—Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)

“CanREA members look forward to working with BC Hydro to develop innovative, cost-effective capacity solutions that will support the integration of renewables into the grid and BC’s clean energy transition.”

—Patricia Lightburn, BC Director, Canadian Renewable Energy Association (CanREA)

For media inquiries or interview opportunities, please contact: 

Communications 
Canadian Renewable Energy Association 
communications@renewablesassociation.ca 

About CanREA 

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn here. Learn more at renewablesassociation.ca. 

NEWS RELEASE: And that’s a wrap on Energy Storage Alberta 2025

Posted on by Judy Mitri

The second annual CanREA Summit devoted to the future of energy storage in Alberta was a success in Calgary this year.

Calgary, June 3, 2025 – More than 200 people attended the Energy Storage Alberta—CanREA Summit and CanREA Connects networking event in Calgary today, a full-day conference examining the myriad ways that innovative energy storage technologies will be critical for Alberta’s energy future.

“We need more energy storage in Alberta, because we need all the solutions that it brings to the table: Storage provides many different services to the electricity grid, such as time shifting, improving general reliability and reducing system costs. And the cost of storage is decreasing dramatically: battery costs have fallen by more than 90% in the past 15 years. It is time to leverage this to our advantage,” said CanREA President and CEO Vittoria Bellissimo.

Energy Storage Alberta 2025 kicked off with a keynote address by Alberta’s Minister of Affordability and Utilities, Nathan Neudorf. Minister Neudorf shared his perspective on the changes expected with the upcoming REM. He was hopeful about bringing more certainty to investors in the market, and optimistic that the AESO’s process will create a market that would support market participants, such as energy storage.

CanREA then welcomed AESO President and CEO Aaron Engen, who presented key updates on the AESO’s plans for Alberta’s grid and shared how market participants, including energy storage, play key roles in contributing to the design of the REM and the evolving electricity market.

The first panel discussion, “Restructuring success: New electricity market and transmission policies in Alberta,” examined what the planned Restructured Energy Market (REM) will look like and how costs will be allocated, focusing on the question: What does this all mean for energy storage over the next five years?

A special lunch keynote by Greg Lyle, Founder and President of Innovative Research Group, featured insights on the public support for energy storage and infrastructure projects in Alberta—drawing on the latest polling data to show how public attitudes can inform more effective decision-making and policy development.

Other panel discussions focused on meeting energy demand with new AI data centres and growing populations, reducing constraints to energy storage solutions, exploring the latest advancements in energy-storage technologies, and much more.

“Our conference focused on how to get storage projects built in Alberta, and how to operate them efficiently once they are in service,” said Bellissimo. “CanREA members are ready and willing to move forward with projects in Alberta and other jurisdictions across Canada, given the right conditions, such as fair transmission costs with longer-term rate stability, and contact mechanisms that incent new storage capacity.”  

CanREA wishes to thank all attendees, moderators and speakers for helping to make the Summit a success. A special word of thanks to Platinum Sponsor Northland Power, Gold Sponsors Enfinite & Bennett Jones LLP, Silver Sponsor PCL, Bronze Sponsors Fasken, Sungrow Power, Dentons, CIBC & Apsystems, and Iron Sponsor Regulatory Law Chambers.

Background information

What is Energy Storage?

In its simplest definition, energy storage is anything that allows us to store energy in a form that can be utilized in the future—hours, days or possibly months later, depending on the technology.

Many different energy-storage technologies are in development in Canada, with some already in operation. They include batteries, hydrogen, mechanical storage (pumped hydro, compressed air, flywheels) and thermal methods. 

Batteries are probably the best-known—and most scalable—form of energy-storage technology. But energy storage is so much more than lithium-ion batteries. Technologies are changing, companies are innovating, and new systems to solve clean-electricity challenges are being deployed every year. Innovative energy-storage technologies include long-duration storage and new battery chemistries. 

These technologies can do much more than simply store energy: They can provide many key services, including wires services (such as capacity value, peak shaving, voltage support, frequency regulation, and transmission & distribution deferral and congestion management), reliability services (such as regulating reserve, spinning reserve and black start), and market services (such as time shift, arbitrage, demand charge reduction and backup power).

The many services provided by energy storage are shown in the graphic above, pulled from CanREA’s 2022 whitepaper, “Laying the Foundation: Six priorities for supporting the decarbonization of Canada’s grid with energy storage.”

Quotes

“We need more energy storage in Alberta, because we need all the solutions that it brings to the table: Storage provides many different services to the electricity grid, such as time shifting, improving general reliability and reducing system costs. And the cost of storage is decreasing dramatically: battery costs have fallen by more than 90% in the past 15 years. It is time to leverage this to our advantage.” 

“Our conference focused on how to get storage projects built in Alberta, and how to operate them efficiently once they are in service. CanREA members are ready and willing to move forward with projects in Alberta and other jurisdictions across Canada, given the right conditions, such as fair transmission costs with longer-term rate stability, and contact mechanisms that incent new storage capacity.” 

—Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)

For media interviews, please contact:

Michaela Ianni, Communications Specialist
Canadian Renewable Energy Association 
communications@renewablesassociation.ca

The Canadian Renewable Energy Association

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn. Subscribe to our newsletter here. Learn more at renewablesassociation.ca. 

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Canada needs a bold electricity plan—now.

Posted on by Melissa McDougall

Electricity Alliance Canada proposes a new federal playbook to secure this country’s economic future.

Op-ed by Electricity Alliance Canada: Vittoria Bellissimo (President and CEO, Canadian Renewable Energy Association), Francis Bradley (President and CEO, Canadian Electricity Association), Michelle Branigan (CEO, Electricity Human Resources Canada), George Christidis (President and CEO, Canadian Nuclear Association), Elisa Obermann (Executive Director of Marine Renewables Canada) and Lorena Patterson (President and CEO, WaterPower Canada) 

As Canada welcomes a new federal government, the electricity sector stands at a pivotal juncture. With climate change accelerating, global energy dynamics shifting, the need for electricity increasing, and potential US tariffs waiting in the wings, we cannot afford to lose our national advantage.

Canadians expect affordable, reliable, and secure power—and we, Canada’s electricity industry, intend to deliver it.

Canada’s economy was built on affordable, reliable and abundant power. Today, this country is predominantly powered by clean-energy sources, with hydroelectricity accounting for more than 60 per cent of electricity generation. Renewable energy, such as wind and solar, is growing steadily, alongside energy storage solutions. Nuclear power plays a significant role, especially in Ontario and New Brunswick, with opportunities for expansion in other provinces. 

But our current supply won’t be enough. Canada produces around 630 TWh of electricity per year, yet every province and territory is forecasting a much greater need. As we electrify our industries, bring manufacturing back home, and digitize our economy, the pressure on electricity systems will grow. To meet this demand, we must make substantial investments in electricity generation, transmission and distribution, which will bolster employment opportunities across this country.

That’s why we are calling on the new federal government to work with the electricity sector on five urgent priorities.

First and foremost, the electricity industry needs greater clarity so we can move forward at speed. Slow and uncertain approval processes can stymie investment in major projects, leading to delays, cancellations or higher costs. We need an efficient approval process for major electricity projects, and we need to finalize the Clean Economy Investment Tax Credits (ITCs). Further, given the stated intention to proceed with industrial carbon pricing, we recommend a flexible approach to drive environmental gains while promoting innovation and competitiveness without causing regional or sectoral disadvantages.

Secondly, Canada cannot move forward on clean energy without Indigenous communities. From coast to coast to coast, Indigenous-led or co-owned projects have been at the forefront of clean-energy initiatives. The federal government should ensure Indigenous voices are central to decision-making processes, and expand funding tools like the Canada Infrastructure Bank (CIB) and Indigenous Loan Guarantee program to enable Indigenous partners to participate fully and on their own terms, promoting Reconciliation.

Thirdly, Canada has talked for years about energy corridors and grid connections across provinces. Now is the time to turn this talk into action. Canada’s provinces and territories offer diverse energy jurisdictions can benefit from supporting each other. We need collaboration between the federal government, provinces, crown corporations and utilities to support interprovincial energy trade and infrastructure projects, along with interpovincial labour mobility in regulated occupations.

Supply chains are also critical to our success. To build the grid of the future and support Canada’s growth, we need secure and proven supply chains. Globalized supply chains—on which our electricity projects depend—have faced significant challenges over the past year, including international tariffs, increased regulatory requirements and ongoing trade tensions with the US. The federal government needs to help manage risk and secure the electricity sector’s supply chains.

Finally, we need a strong system to train and produce skilled workers. Canada’s growing electricity sector relies on a workforce of well-trained tradespeople and engineers to fill new, high-quality job opportunities. This workforce will build and operate a stable, reliable and resilient system that supports Canada’s economic and environmental goals and provides a good quality of life for Canadians. We appreciate the federal government’s past support, now calling on them to continue to invest in long-term training programs to develop an expanded, world-class workforce.

Affordable, reliable, clean electricity is a strategic Canadian advantage, and the electricity sector is the backbone of our economy. We’ve increased supply while lowering emissions, and we will continue to do so. As we welcome the new federal government, we’re ready to get to work building a strong and resilient electricity system that will meet Canada’s rising demand and secure our economic future. And for this work to succeed, Canada needs a bold electricity plan, now.

NEWS RELEASE: Net-Zero Quebec Summit gains momentum

Posted on by Melissa McDougall

Second annual CanREA Summit a major event for Quebec’s energy transition.  

Montréal, May 15, 2025 – Drawing more than 220 attendees, the second edition of the Canadian Renewable Energy Association (CanREA) Net-Zero Quebec Summit, presented by Desjardins, was a great success in Montréal today. 

“The CanREA Net-Zero Quebec Summit is a major opportunity for Quebec’s renewable energy industry, serving as a hub for discussions about the energy transition needed for the province to achieve net zero by 2050,” said Jean Habel, Senior Director, Québec and Atlantic Canada, CanREA. “Harnessing this energy will allow Quebecers to be more self-sufficient, greener and more prosperous.”

The day centred around in-depth discussions on the economic realities of the energy transition, including supply chain pressures, greater competition and the economic impact of decarbonization.  

Discussions also focused on renewable energy projects in Quebec, particularly challenges and best practices for optimizing the rollout of energy transition projects in order to reach carbon neutrality by 2050. 

“Desjardins is proud to support Net-Zero Quebec, a key event for Quebec’s energy transition. This Summit presents a unique platform for discussing the challenges and opportunities relevant to the energy transition. We are determined to play an active role in providing innovative financial services and supporting initiatives that promote autonomy, prosperity and sustainability. Together, we can build a greener and more resilient Quebec,” said Mathieu Talbot, Vice President, Business Services Group and Corporate Banking, Desjardins. 

The event opened with “Indigenous Communities: Essential Actors in the Energy Transition.” This inclusive panel focused on how the renewable energy and energy storage industries must commit to continuously improving their approaches to ensure that their plans align with the priorities of Indigenous communities. CanREA was thrilled to hear from panellists Chief Paul Rice from the Mohawk Council of Kahnawà:kes, Jean Roy, Senior Vice President & Chief Operating Officer at Kruger, and Grand Chief Jacques Tremblay of the Wolastoqiyik Wahsipekuk First Nation, who took part in the insightful conversation.

This was a special opportunity to enrich the conversation and educate participants about how best to work together toward implementing renewable energy across Quebec.  

Later, CanREA was pleased to welcome Dave Rhéaume, Executive Vice President – Commercial Activities and Chief Customer Officer at Hydro-Québec, for a discussion on solar energy development in Quebec. The discussion was moderated by Jean-Hugues Lapointe, Partner and Project Director, Energy and Resources, Power System Studies at CIMA+.

Other highlights included an enlightening discussion on Quebec’s energy advantage and a vision for the future with Philippe Dunsky, President of Dunsky Energy + Climate, moderated by Eva Lotta Schmidt, Head of Global Sustainability at ENERCON.

An inspiring discussion was also held with Stéphane Labrie, President, Commission de protection du territoire agricole du Québec (CPTAQ), moderated by Étienne Chabot, General Manager, Electricity for the Ministère de l’Économie, de l’Innovation et de l’Énergie.

“The panels and discussions at the Summit sparked vital conversations and broadened the knowledge of everyone who attended, which will help to accelerate Quebec’s energy transition,” says Habel.  

CanREA would like to thank all of the participants, moderators and speakers who helped make the Summit a success. It would also like to extend a special thanks to its presenting sponsor, Desjardins, and our other sponsors, EDF Renewables, Amazon Web Services, Enercon, Invenergy, Borea, Nordex, Dunsky, CIMA +, Kruger, Pattern Energy, Compass Energy Consulting, Fasken, Innergex, Nuvéo, RES, EVLO, Boralex, Miller Thomson, BluEarth, and PCL.

Photos

PHOTO: Net Zero Quebec 2025’s opening panel, “Indigenous communities: Essential actors in the energy transition,” examined how Quebec’s renewable energy and energy storage industries can align their plans with the priorities of Indigenous communities. From left to right: Moderator Émilie Sénéchal (Hydro Quebec), Jean Roy (Kruger Energy), Chief Paul Rice (Mohawk Council of Kahnawá:ke), Grand Chef Jacques Tremblay (Wolastoqiyik Wahsipekuk First Nation). 

Quotes

“The CanREA Net-Zero Quebec Summit is a major opportunity for Quebec’s renewable energy industry, serving as a hub for discussions about the energy transition needed for the province to achieve carbon neutrality by 2050. Harnessing this energy will allow Quebecers to be more self-sufficient, greener and more prosperous. The panels and discussions at the Summit sparked vital conversations and broadened the knowledge of everyone who attended, which will help to accelerate Quebec’s energy transition.” 

—Jean Habel, Senior Director, Québec and Atlantic Canada, CanREA

“Desjardins is proud to support Net-Zero Quebec, a key event for Quebec’s energy transition. This Summit presents a unique platform for discussing the challenges and opportunities relevant to the energy transition. We are determined to play an active role in providing innovative financial services and supporting initiatives that promote autonomy, prosperity and sustainability. Together, we can build a greener and more resilient Quebec.” 

—Mathieu Talbot, Vice President, Business Services Group and Corporate Banking, Desjardins  

For media interviews, please contact:

Bridget Wayland, Senior Director of Communications
Canadian Renewable Energy Association 
communications@renewablesassociation.ca

The Canadian Renewable Energy Association

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn. Subscribe to our newsletter here. Learn more at renewablesassociation.ca. 

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STATEMENT: CanREA eager to work with new federal Cabinet to advance wind energy, solar energy and energy storage 

Posted on by Melissa McDougall

CanREA ready to help Canada’s newly appointed Ministers deliver on key election promises that will advance clean-energy initiatives nationwide. 

Ottawa, Ontario, May 13, 2025—The Canadian Renewable Energy Association (CanREA) congratulates Canada’s new federal Cabinet Ministers and Secretaries of State on their appointment to Cabinet. The Ministers were sworn in today by Her Excellency the Right Honourable Mary Simon, C.C., C.M.M., C.O.M, C.D., Governor General of Canada.  

CanREA looks forward to supporting their delivery of an ambitious agenda for the clean-energy industry, helping Canada meet its economic and environmental goals.    

Specifically, CanREA would like to congratulate: 

  • The Hon. François-Philippe Champagne P.C. M.P., Minister of Finance and National Revenue 
  • The Hon. Dominic LeBlanc P.C., M.P., President of the King’s Privy Council for Canada and Minister Responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy  
  • The Hon. Shafqat Ali P.C. M.P., President of the Treasury Board  
  • The Hon. Tim Hodgson P.C. M.P., Minister of Energy and Natural Resources 
  • The Hon. Julie Dabrusin P.C. M.P., Minister of Environment and Climate Change 
  • The Hon. Mélanie Joly, P.C., M.P., Minister of Industry 
  • The Hon. Rebecca Ally P.C., M.P. Minister of Crown-Indigenous Relations  
  • The Hon. Mandy Gull-Masty P.C., M.P., Minister of Indigenous Services 

“Over the past number of years, the CanREA team has developed a strong working relationship with the federal government,” said Vittoria Bellissimo, CanREA’s President and CEO. “My team and I are committed to advancing wind, solar and energy storage and we will work closely with Canada’s newly appointed ministers to shape and support federal policies that will be essential to our industry as we plan, finance and build clean-energy projects that benefit Canadians.”  

During the recent election campaign, the Liberal Party committed to a suite of proposals that support the rapid deployment of clean energy, as described in this recent CanREA statement. These policies include:  

  • Finalizing the Clean Economy Investment Tax Credits (ITCs), policies that have already galvanized private sector investment in Canada’s renewable energy and energy storage industry. Getting the remaining ITCs passed into law, particularly the Clean Electricity ITC, will secure Canada’s position as a competitive and safe place for the private sector to invest. These will also help lower the cost of electricity to Canadian ratepayers. 
  • Reducing the barriers to accessing capital faced by Indigenous companies and communities, by expanding the kinds of projects the Canada Infrastructure Bank can support to be more in line with First Nation, Inuit and Métis priorities. The Liberals also committed to exploring options for an Indigenous Infrastructure Bank to further address this gap. 
  • Offering support for Canadians entering the trades, while also helping to reduce barriers that these skilled workers face when working in another province. 
  • Creating a new First and Last Mile Fund that will move more electricity and goods from where they are produced to where they are needed, creating a more integrated and accessible Canadian economy. 
  • Signing new Cooperation and Substitution Agreements with all willing provinces, territories and Indigenous Governing Bodies within six months, ensuring that projects go through only one review that upholds environmental standards and Indigenous consultation. 
  • Cementing the signal for electrification by maintaining the industrial carbon price. During his leadership campaign, Mr. Carney even promised to set a pricing schedule out to 2035—this would be a strong signal upon which Canada’s renewable energy and energy storage industry could rely. 

Across the country, more than 18,000 MW of clean-energy procurements, representing more than $34 B, are being planned or currently taking place, all of which will benefit from these federal policies.   

“The federal ITCs, along with increased Indigenous access to capital and new interprovincial interconnections, will allow Canada to maintain its competitive edge in the global race for renewable energy and energy storage investment,” said Fernando Melo, CanREA’s Federal Director of Policy and Government Affairs.  

“Putting these in place will be no small feat, but CanREA is committed to collaborating with the federal government to get these groundbreaking policies across the finish line.” 

Quotes

“Over the past number of years, the CanREA team has developed a strong working relationship with the federal government. My team and I are committed to advancing wind, solar and energy storage and we will work closely with Canada’s newly appointed ministers to shape and support federal policies that will be essential to our industry as we plan, finance and build clean-energy projects that benefit Canadians.” 

—Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA) 

“The federal ITCs, along with increased Indigenous access to capital and new interprovincial interconnections, will allow Canada to maintain its competitive edge in the global race for renewable energy and energy storage investment. Putting these in place will be no small feat, but CanREA is committed to collaborating with the federal government to get these groundbreaking policies across the finish line.”  

—Fernando Melo, Federal Director, Canadian Renewable Energy Association (CanREA) 

For interview opportunities, please contact: 

Bridget Wayland, Senior Director of Communications  
Canadian Renewable Energy Association 
communications@renewablesassociation.ca 

About CanREA 

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. For more information on how Canada can use wind energy, solar energy and energy storage to help achieve its net-zero commitments, consult “Powering Canada’s Journey to Net-Zero: CanREA’s 2050 Vision.” Follow us on Bluesky and LinkedIn. Subscribe to our newsletter here. Learn more at renewablesassociation.ca.    

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STATEMENT: Canada’s Fall Economic Statement 2024 helps close investment gaps  

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