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Prime Minister Carney announces the largest clean energy investment in North American history
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Fusion42 · 17 August 2026 · Fusion42 review
Canada's Prime Minister Mark Carney announced a historic $70 billion investment to upgrade Churchill Falls Generating Station, develop the Gull Island hydroelectric project, and build associated transmission infrastructure, marking the largest clean energy investment in North America. The projects will generate 14,000 MW of clean power, supporting 23,000 jobs and contributing $31 billion to Canada's GDP through the early 2040s.
This Wire brief sits within Fusion42's coverage of Clean Energy, and 2 sources have reported it.
◆ ◆ The Wire takeaway
Canada is building a vast clean power base that will reshape electricity markets and open opportunities for founders in grid tech, renewable project partnerships, and energy storage now. You must prioritise engaging with regional energy planners and Indigenous partners to secure roles in this historic build-out.
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2 sources · 17 Aug 2026
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