solar plus storage project financing options in Canada 2025

By GreenTech Insights · · >5 min read

What incentives are available for solar installation in Canada?

Check out the programs below to learn what energy programs and incentives are available federally, provincially, and municipally when planning your next solar install. There are several Canada-wide solar power incentives including: Clean Energy Investment Tax Credit: A refundable tax credit of 30% on the capital costs of investments until .

What are Canada's solar incentives?

The lineup of incentives reflects a diverse approach to encouraging renewable energy investments across different sectors. Currently, the primary federal residential solar incentive in Canada is the Canada Greener Homes Loan.

What tax credits are available for solar & battery storage projects?

For businesses, the Clean Technology Investment Tax Credit (ITC) provides a 30% refundable tax credit for eligible solar and battery storage projects, while the Accelerated Capital Cost Allowance (ACCA) allows for accelerated tax write-offs on clean energy equipment.

How does Canada support solar energy?

As part of its ongoing commitment to sustainable development, Canada continues to support the adoption of solar energy through various incentives and rebates designed to make solar technology more accessible to both homeowners and businesses nationwide. The lineup of incentives reflects a diverse approach to encou

What incentives are available for solar energy retrofits in Toronto?

Check out our Incentive Finder, which covers incentives for all types of sustainable retrofits. Toronto’s HELP program offers low-interest loans for energy-efficient home upgrades, making it easier for homeowners to invest in solar energy systems. Incentive – Loans up to $125,000 Eligibility – Residential property owners in Toronto

Does Canada offer a solar loan?

Currently, the primary federal residential solar incentive in Canada is the Canada Greener Homes Loan. This program provides homeowners with up to $40,000 in interest-free financing to cover the costs of their solar system installations. However, this opportunity might not be available indefinitely, so it's advisable to take advantage of it soon!

For businesses, the Clean Technology Investment Tax Credit (ITC) provides a 30% refundable tax credit for eligible solar and battery storage projects, while the Accelerated Capital Cost Allowance (ACCA) allows for accelerated tax write-offs on clean energy equipment.

For businesses, the Clean Technology Investment Tax Credit (ITC) provides a 30% refundable tax credit for eligible solar and battery storage projects, while the Accelerated Capital Cost Allowance (ACCA) allows for accelerated tax write-offs on clean energy equipment.

Unfortunately, it can be difficult to make sense of Canada’s patchwork of incentives, which span federal, provincial, and municipal jurisdiction. To help, we’ve compiled a list of all currently-available incentives, which you’ll conveniently find below. And remember, if you’re looking to take

A province-wide program offering rebates to help homeowners offset the cost of major energy-efficient upgrades, including solar installations and battery storage systems. Incentive – Rebates cover up to 30% of project costs; up to $5,000 for rooftop solar and an additional $5,000 for battery

Explore the programs below to discover the federal, provincial, and municipal energy incentives available for your next solar installation. The renewable energy industry across Canada has seem some big steps in the last couple years. Check out the programs below to learn what energy programs and

Developer Boralex and its partner Six Nations of the Grand River Development Corporation (SNGRDC) have closed the CA$538 (US$372.82) million financing of a 300MW/1,200MWh BESS park. The Hagersville Battery Energy Storage park, located in Haldimand County, Ontario, Canada, will be the largest

In , solar.com Energy Advisors typically recommend using a solar loan to finance a solar system — if the homeowner can efficiently monetize the 30% federal tax credit. If they can’t, then a solar lease or PPA is the best option. Want to see your solar savings potential? Although there are many

Switching to solar energy is a significant investment, but Canadian homeowners and businesses can take advantage of Solar Rebates and Incentives in Canada to make the transition more affordable. This comprehensive guide provides a detailed breakdown of solar incentives available across Canada

Solar incentives in Canada — Updated

For businesses, the Clean Technology Investment Tax Credit (ITC) provides a 30% refundable tax credit for eligible solar and battery storage projects, while the Accelerated Capital Cost Allowance (ACCA) allows for

Canadian Solar Savings : Rebates, Incentives

The government of Canada has proposed a refundable tax credit on capital investments in solar panels, low-carbon heating equipment, and stationary electricity storage systems.

Boralex closes financing for Canada’s largest BESS

The Hagersville Battery Energy Storage park, located in Haldimand County, Ontario, Canada, will be the largest battery energy storage system (BESS) project to date in Canada. The project is expected operational

Best Financing Options for Solar & Battery Storage in

Read more about the different solar financing options available. In , solar.com Energy Advisors typically recommend using a solar loan to finance a solar system —

Solar Rebates and Incentives in Canada

This comprehensive guide provides a detailed breakdown of solar incentives available across Canada, organized by province, to help you easily find programs relevant to

Canada Solar Rebates and Incentives : Fueling

As part of its ongoing commitment to sustainable development, Canada continues to support the adoption of solar energy through various incentives and rebates designed to make solar technology more accessible to both homeowners and

Solar & Storage Conferences Happening in

With the solar and storage industries conference calendar shaping up for , we’ve put together a list to help you plan ahead. Whether you’re looking to meet potential clients, scout new tech, or stay current with

AES closes Project Bellefield solar-plus-storage financing

AES has reached financial close on a $1.68 billion financing for its Project Bellefield solar-plus-storage project. The project will be located in Kern County, California and

Maximizing Renewable Energy Investments: The Power of ITC Financing

With regards to our hypothetical solar-plus-storage project, this opens up the potential for a third structure - an ITC tax equity financing solely for the BESS, separate from

Finance and construction updates from 2 GWh of US

The Desert Quartzite Solar-plus-storage Project that the North American operation of French energy company EDF has been jointly operating since December has secured an unspecified long-term loan from an

Recurrent secures financing for Italian solar-plus

Independent power producer Recurrent Energy has secured €61.5 million (US$71.4 million) in financing for its Italian renewables portfolio.

DOE Announces $289.7 Million Loan Guarantee to

As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced the closing of a $289.7 million loan guarantee to Sunwealth

EDF Renewables secures funding for Desert Quartzite

EDF Renewables North America, in collaboration with Power Sustainable Energy Infrastructure Inc. (PSEI), has successfully secured long-term financing for the Desert Quartzite Solar+Storage Project in Riverside County,

Additional information on Estepa hybrid project financing

More details have emerged on the $510 million financing for Atlas Renewable Energy's Estepa solar-plus-storage project in the Antofagasta region in northern Chile.

Sunraycer closes US$475 million for Texas solar

A rendering of e-Storage’s SolBank 3.0 battery containers. Image: e-Storage Owner and operator Sunraycer Renewables has closed a US$475 million project financing facility for two solar-plus-storage projects

Estuary closes $340m package for Escape solar

Estuary Power has successfully closed a $340m financing package for its Escape solar and storage project located in Lincoln County, Nevada.

rPlus Energies Secures Over $500 Million in Tax Equity Financing

Located in rural Utah, the solar-plus-storage project is among the largest under construction in the United States Green River Energy Center Rendering of the Green River

Canada Battery Energy Storage Systems Market Size and

Fluence Energypartnered with a regional renewable developer to deliver a co-located solar-plus-storage project in Canada’s industrial corridor. LG Energy Solution launched

Enlight secures finance for Country Acres solar-plus-storage project

Enlight Renewable Energy has secured US$773 million in debt financing for its Country Acres solar-plus-storage project in California.

Zelestra Secures $282 Million Financing for Landmark Chilean Solar-Plus

Spanish independent power producer (IPP) Zelestra has successfully secured US$282 million in financing and reached financial close for its 220MW Aurora solar-plus

rPlus Energies Secures Over $500 Million in Tax Equity Financing

Located in rural Utah, the solar-plus-storage project is among the largest under construction in the United States Green River Energy Center Rendering of the Green River

Zelestra Secures $282 Million Financing for Landmark Chilean Solar-Plus

Spanish independent power producer (IPP) Zelestra has successfully secured US$282 million in financing and reached financial close for its 220MW Aurora solar-plus

solar plus storage project financing options in Canada 2025

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