The Prince Edward Island government has announced the development of a Clean Tech Park that includes a Clean Tech Academy and a Clean Tech Learning and Innovation Centre.
The vision for this project is to establish an industry-led cluster and destination that attracts and facilitates the growth of companies, entrepreneurs and talent focused on advances in technologies, processes and knowledge that contribute to clean growth.
PEI’s Clean Tech Park, which will include a 44,000 square foot Clean Tech Learning and Innovation Centre in Georgetown, brings together many provincial priorities—education, the economy and the environment—and will help create a new sector for growth on PEI.
The project will include a 60-acre business park with space to be the future home of new and existing businesses in the Clean Tech space to operate. To promote growth and encourage businesses in the space to cluster in the Park in Eastern PEI, the Clean Tech Park is planned to be the first tax-free Clean Tech development zone. Site preparation work will be completed in the Clean Tech Park by Fall 2022, with phase one including 15-acres of commercial lots available for new and existing companies.
“This is a vision that brings students and industry together,” said Dennis King, Premier of Prince Edward Island. “We are thinking towards the future and creating new opportunities for growth on PEI. We want to inspire the development of the next generation of leaders in clean tech growth through truly unique learning experiences.”
Located in Georgetown, the Park will also be the home of the Clean Tech Academy and will offer a certificate and a master’s degree in Cleantech Leadership through a joint initiative of Holland College and the University of Prince Edward Island. There will be graduate pods and incubation space as well as collaborative areas allowing students to connect and learn from industry.
“The Clean Tech Learning and Innovation Centre will be PEI’s future home for clean tech innovation, business, energy and education,” said Steven Myers, PEI’s Minister of Environment, Energy and Climate Action. “Supporting the next generation to find new solutions to today’s challenges will ensure we reach our ambitious net zero targets.”
This project support’s PEI’s vision to establish an industry-led cluster and a destination that attracts and facilitates the growth of companies, entrepreneurs, and talent focused on advances in technologies, processes and know-how that contribute to clean growth.
PEI’s 2040 Net Zero Framework, “Accelerating our transition to a clean, sustainable economy” provides the plan to achieve the goals and targets required to be Canada’s first Net Zero Province. A framework that will see Prince Edward Island sequestering an amount equal to, or greater than, our greenhouse gas emissions. It provides a focus on targeted reductions in our emissions profile and directions on how the province plans on achieving these reductions.
The priorities included within this framework will be supported by the development and implementation of a series of five-year action plans that will include interim emission reduction targets and reporting of progress made to-date.
The framework focuses on six pillars:
- Transforming the way Islanders move
- Transitioning to cleaner and more efficient buildings
- Shaping agriculture for PEI’s transition to net zero
- Removing carbon through forestry, technology and emerging opportunities
- Creating a clean industry and waste advantage
- Inspiring transformational change through leadership and engagement
For further information, visit: Clean Tech on Prince Edward Island.
Featured image: Georgetown, PEI. Credit: Government of Prince Edward Island.