951 Small FIT Contracts Offered by Ontario Power Authority
Ontario's clean energy economy continues to grow as the Ontario Power Authority (OPA) offers 951 new Small Feed-in Tariff (FIT) renewable energy contracts. In total, these new contracts will add 146.5 megawatts of power, which is more than enough power to give 21,000 homes electricity. The majority of these contract offers (934 projects) were for […]
Ontario FIT Program Amendments Reaffirm Government Commitment
The Ministry of Energy has released the numbers for the anticipated rate reductions in the FIT program. New solar projects will see rate reductions of over 20 percent, wind projects will see 15 percent. The FIT program was launched in 2009 and offers green energy producers above-market rates to feed electricity into the grid. The rate […]
Ontario Insists on Local Content for Renewable Energy
In an interview with Reuters, Energy Minister Chris Bently refused to alter controversial rules that require local content for all projects. The FIT review will be complete by the end of March, and it is expected that cuts will be made in the generous government subsidies that have previously jumpstarted renewable energy businesses in Ontario. […]
Feed-In Tariff Program News
The Ontario Power Authority (OPA) is “moving forward with its commitment to review the Feed-In Tariff (FIT) Program” (read here), concerning the FIT review (scheduled for every two years) announced October to investigate price reduction, long-term sustainability, clean energy job creation and the renewable approval process. Renewable Energy World predicts late February will bring about […]