Categories: DevelopmentFocus

Powering up the future

West 5 development getting $5.1 million in federal support for smart grid technology

THE FEDERAL GOVERNMENT today announced a $5.1-million investment in London Hydro to develop and deploy a smart microgrid in Sifton Properties’ West 5 net-zero energy community.

This funding will help the community achieve its net-zero targets. Local partners also contributing to this project include S2e Technologies, Sifton and Western University, for a combined investment of $10.99 million.

This is an important step in our journey for achieving a greener community” ―Vinay Sharma, London Hydro CEO

“The West 5 development will not only provide us with a sustainable approach to develop future communities, but I believe that in the process it will also help us establish new guidelines, new requirements and new policies, which will pave the way for expanded development of such net-zero communities,” said Vinay Sharma, London Hydro CEO. “This is an important step in our journey for achieving a greener community.”

Story Continues Below

The investment supports the design and development of West 5, Canada’s first large-scale, fully integrated, net-zero energy community. The microgrid will integrate monitoring, data management and communications, electric vehicle infrastructure, distributed energy resource management, solar power generation and batteries to reduce grid use.

According to Kate Young, London West MP and parliamentary secretary to the Minister of Economic Development and Official Languages, one of the goals of the project is to demonstrate that net-zero energy is feasible at the community level, which will promote sustainable development and inspire widespread change across Canada’s construction industry.

“The government is proud to support local smart grid projects like the West 5 Smart Grid Project,” said Young. “Strong partnerships and innovative ideas like these at the community level will lead to a cleaner, greener future for generations to come.”

Situated along Oxford Street West, the West 5 development will have 450,000 square feet of commercial space, a central park and 2,000 households consisting of townhomes, condominiums, apartments and retirement residences when it’s completed in 15 to 20 years.

Recent Posts

Best of London: Robert Magier

Meet the 2026 Best Realtor: Robert Magier, Century 21 First Canadian Corp. Brokerage

2 days ago

London Inc. Weekly

London Inc. Weekly: A summary of regional business news from the past week

2 days ago

Dispatch

Dispatch: A summary of recent business appointments and announcements, plus upcoming events for the week ahead

2 days ago

Best of London: Upstaging Limited by Jillian Summers

Meet the 2026 Best Home Staging firm: Upstaging Limited by Jillian Summers

3 days ago

Best of London: Chris’ Country Cuts

Meet the 2026 Best Butcher & Meat Market: Chris’ Country Cuts

3 days ago

The end of the relocation boom

Why has job relocation lost its appeal?

3 days ago