Federal government investment will help The Smart Energy Company expand into new markets

“This project is a real win for the economy here in Atlantic Canada and for the environment. With this investment, The Smart Energy Company will be able to connect farmers at home and abroad with the kind of top-notch clean energy solutions they need to green their operations. Your Government of Canada is doing its part to support clean tech development so we can create more jobs and build a greener future for all Canadians, from coast to coast to coast.”

- The Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA

“Supporting projects like this one helps spur Canada’s shift to innovative clean technologies and builds sustainability and resilience in key sectors like agriculture. I’m pleased that that the Government of Canada, through ACOA is supporting TSEC’s efforts for greater business growth, while helping farmers decarbonize their operations - creating healthier communities that work for everyone.”

- Wayne Long, Member of Parliament for Saint John-Rothesay

"We are so proud to have been helping New Brunswick farmers reduce or eliminate their electricity bill by harvesting the power of the sun. Reducing a farmer's input cost makes good business sense and doing so with a renewable source of energy makes great sense for the planet. Having built more than half of the solar that exists in the province today, we're excited to be taking our manufactured-in-New-Brunswick solution to new markets. This support from the federal government, along with additional private investment, is critical for our expansion plans."
- Mark McAloon, Chief Executive Officer and Co-Owner, The Smart Energy Company

• The Smart Energy Company (TSEC) was founded in 2016 as a design engineering firm specializing in the development of solar electricity systems. Today, TSEC focuses its efforts on helping farmers grow their electricity by harvesting the power of the sun.

• TSEC developed the first solar farm and virtual net-metering system in the province and now sells its patent-pending, solar structure called the “NOREASTER,” designed to withstand harsh winter climates. 

• Funding for this project is provided through the Atlantic Canada Opportunities Agency’s Regional Economic Growth through Innovation (REGI) program, which supports projects that promote sustainable community economic development, enhance business development and growth, and facilitate innovation.

Associated links

• The Smart Energy Company

Connor Burton
Press Secretary
Office of the Minister of Rural Economic Development and of the
Atlantic Canada Opportunities Agency
Connor.Burton@acoa-apeca.gc.ca

Ann Kenney
Senior Communications Officer
Atlantic Canada Opportunities Agency
ann.Kenney@acoa-apeca.gc.ca

Jeff McAloon
Chief Development Officer and Co-Owner
The Smart Energy Company
jeff@smart-energy.ca
506-849-3001

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