Nova East Wind, a joint venture between DP Energy and SBM Offshore plans to develop a 300-400 MW floating offshore wind project in Canada, located 30 km off the coast of Goldboro, Nova Scotia. The project would comprise 20 to 25 floating wind turbines. The precise location should be determined after identifying and adopting relevant regulations and further engagement with key stakeholders and right holders.
Canada has an electricity capacity of 153 GW (end of 2022), which is dominated by hydroelectricity, with 83 GW. The other sources are gas (17 GW), wind (15 GW), nuclear (14 GW), coal (9 GW), oil (6 GW), solar (5 GW), and biomass (3.7 GW). More than ¾ of this capacity is CO2-free.
The country updated its NDC in 2021 with a more ambitious goal of reducing GHG emissions to 40 to 45% of 2005 levels by 2030. The country is also committed to achieving net-zero GHG emissions by 2050
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