RBC Fuels Community Solar Power Across Canada

RBC has introduced its Community Solar Program, a nationwide initiative designed to support community organizations in launching solar energy projects. This program aims to make solar viable for organizations by offering a consistent, long-term revenue source through the purchase of renewable energy certificates (RECs) over a decade. These funds can be reinvested into community programming, reducing operational costs.

The initiative aligns with RBC's climate strategy to decrease its operational emissions. As a significant tenant, RBC faces limitations in installing solar panels directly on its leased properties. The Community Solar Program serves as an innovative approach for RBC to contribute to renewable energy growth and support local communities. The program is debuting with two organizations, including BUILD in Winnipeg, Manitoba, an Indigenous social enterprise focused on employment and trades training.