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Loblaw states its $10-million, 7.5-megawatt rooftop solar job - expected to be completed in 2026 - at its distribution centre in East Gwillimbury, Ont., will be the country's largest.Supplied/ Loblaw Cos.
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Ltd. Large-scale rooftop solar tasks have yet to gain extensive traction with Canadian developers.
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Financing can be complicated and it can require time for developers to gain returns on their investments, but brand-new solar projects are still being revealed, states Victoria Papp, senior director of strategy and innovation at BOMA Canada, a group representing Canadian building owners and supervisors.
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" Solar uptake in business property is still far from being a prevalent practice across the industry, however it's absolutely increasing," Ms. Papp states. "It can be challenging to retrofit buildings that were never ever designed with solar panels in mind."
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This month, the Canadian Renewable resource [Association](https://gaytrihomestay.homestaybuddy.in) said it's tracked more than $31-billion in financial investment in renewable resource - such as solar and wind power sources - across the country. A just recently released report also discovered [Canada's](https://konkandream.com) solar, wind and energy storage sectors have grown by 46 per cent over the past five years, with 10,000 megawatts of new capacity expected to be linked by 2030.
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As a contrast, nearly 6,500 megawatts of solar power - enough to power as many as [two-million homes](https://mcmillancoastalproperties.com.au) - was [generated](https://vicasa.com.mx) in Canada in 2022, according to the federal government.
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Scaling solar across Canada
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While nationwide financial investment figures highlight solar's growing role in Canada's energy mix, some business are taking the lead in scaling up tasks of their own.
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In late July, Loblaw Cos. Ltd. revealed it's building what it says will be Canada's largest rooftop solar system setup at its new circulation centre in East Gwillimbury, Ont., north of Toronto.
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The $10-million, 7.5-megawatt project, anticipated to be completed in 2026, will cover the building's roof with almost 435,000 square feet of [photovoltaic panels](https://akarat.ly) - about the size of seven football fields. It's anticipated to create 8.5-million kilowatt-hours a year, about a quarter of the needs of Loblaw's automated circulation centre.
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" The building itself is extremely energy-intensive due to the automation and refrigeration systems within," states Tom Marson, Loblaw's vice-president of developing technology and energy. "The solar panel system will help us offset energy use in the building."
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Great Circle Solar Management Corp. will be the home builder, owner and operator of the project and offer the power to Loblaw under a long-term agreement. The task is the biggest of nearly 60 rooftop solar initiatives in which the two companies have actually partnered in the past ten years.
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" Power from the photovoltaic panel system on the roofing system is fed directly into the electrical rooms of the facility and utilized to straight power the website's operations in East Gwillimbury," states Clarke Herring, Great Circle Solar's CEO.
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Meeting business environment targets
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Commercial distribution centres are not the only kinds of residential or commercial properties setting up large-scale solar jobs. In Waterloo, Ont., Conestoga College set up a 1.3-megawatt solar photovoltaic system at its Kitchener-Doon campus. The system, which went live in 2023, generates about 1.6-million kwh of eco-friendly, clean energy a year, enough to power at least 40,000 homes.
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The system, which spreads out more than 3,000 solar panels over the roofing [systems](https://canaryrealty.com) of a number of structures, helps Conestoga meet 15 percent of its yearly electricity requirements and offset peak need from the conventional grid by 57 per cent.
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" We're devoted at Conestoga to supporting Canada's clean growth and climate-change objectives for a more sustainable future," states Tim Schill, the college's vice-president of centers and capital development. "This project is a significant advance in helping minimize [greenhouse gas] emissions and promoting sustainable stewardship of our environment and resources."
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Ontario's Conestoga College has actually established a 1.3-megawatt solar photovoltaic system at its Kitchener-Doon campus that creates about 1.6-million kilowatt hours of renewable, clean energy a year.Supplied/ Conestoga College
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Loblaw says among the reasons for setting up photovoltaic panels at its distribution centre is to assist satisfy the [company's net-zero](https://tsiligirisrealestate.gr) emissions decrease targets.
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" We're intending to accomplish net absolutely no for our Scope 1 and Scope 2 emissions by 2040," Mr. Marson says. Scope 1 emissions are produced directly from sources owned or managed by a business, while Scope 2 emissions represent those produced from the generation of bought electricity that's consumed by the company or [company](https://mstarproperty.com).
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" Procuring and consuming renewable resource on residential or commercial properties where high quantities of energy is consumed is an important action for us," Mr. Marson states, including it's particularly essential for Loblaw, because the company connects with customers daily.
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" We operate countless shops all across the country, which means we are deeply woven into the fabric of the communities we serve," he says. "Millions of everyday clients and our 220,000 colleagues and staff members anticipate us to lead."
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According to Mr. Marson, Loblaw originally set carbon reduction targets for its corporate stores in 2016, and it met those years ahead of schedule. "We reset our standard in 2020, and added franchise stores and Shoppers Drug Mart locations. Since then, we've lowered our carbon footprint 16 percent and continue to make considerable progress."
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Finding the ideal financing
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Mr. Schill states developing small and medium-sized solar jobs, such as Conestoga's, can be difficult because of troubles protecting funding, along with moving guidelines and reward programs.
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" Until recently, it was simpler to get favourable government-backed financing if you had a $100-million task," he states. The relocation by Prime Minister Mark Carney to ditch the out of favor federal carbon tax was an obstacle because the tax had actually made using gas more pricey and solar energy more attractive, he adds.
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Mr. Schill is encouraged by current relocations such as the brand-new $100-million partnership in between the Canada Infrastructure Bank and Scotiabank, which aims to assist owners retrofit little and mid-sized business structures.
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Ali Hoss, head of sustainability and ESG at Colliers Canada, says the country can take advantage of moves in the United States to discontinue solar-power incentives.
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" Investors in the U.S. should now price-in high political threat," he says. "Canada, by contrast, has broad, multi-party support for sustainability. This predictability is a critical advantage for bring in the long-term, patient capital needed genuine estate and facilities tasks like solar."
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Great Circle Solar's Mr. [Herring](https://portal.thesmartinvestorforum.co.ke) agrees. "Going solar supplies an essential long-term fiscal hedge against unpredictable future electricity costs."
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