Innovative Renewable Energy Initiative (IREI)
The Yukon Development Corporation is helping to increase the supply of renewable energy and reduce diesel consumption in the Yukon. The Innovative Renewable Energy Initiative provides funding for community-led renewable energy projects.
Offered by Yukon Development Corporation
Amount
Up to $500,000
Up to 75 per cent of eligible expenses with a maximum of $500,000 per project (Feasibility phase up to $150,000; Design phase up to $300,000; Implementation phase up to $500,000)
Quick eligibility check
Who can apply
To be eligible to apply you must be a:
Municipal government;
First Nations government;
First Nations development corporation;
Community society or association; or
Yukon-based business.
Your project must generate electricity, heat energy or decrease demand on the grid. Projects must be based in the Yukon and use proven renewable energy technologies such as:
wind turbines;
biomass;
gasification;
energy storage;
hydro;
run-of-river hydro;
photovoltaic solar panels;
solar thermal collectors;
geothermal; or demand-side management.
About the funding
Funding covers up to 75 per cent of eligible expenses with a maximum of $500,000 per project. Applicants must cover the remaining 25 per cent of expenses, which can include:
own-source funds;
third-party contributions; or
in-kind contributions (up to 10 per cent of the applicant’s share).
Show all funding details
Funding by project phase:
Feasibility phase – up to $150,000
Design phase – up to $300,000
Implementation phase – up to $500,000
