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. […]