Energy Conversion to co-develop solar project
Ontario launched North America's most comprehensive and generous set of feed-in tariffs in October, which guarantee sellers of electricity produced from the sun, wind, water and biomass fixed, above-market prices for 20 years.
Energy Conversion said Enfinity will lead the rooftop acquisition and will arrange construction debt and take-out equity financing for the projects.
The projects portfolio will be sold to the permanent equity owners on completion, the companies said in a joint statement.
Several firms have recently said they are considering production in the country, including South Korea's Samsung Group.
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Ontario Government Consults On Changes To Industrial Electricity Pricing And Programs
TORONTO - The Ontario government has announced plans to hold consultations to seek input from businesses about industrial electricity pricing and programs. This will be done through Ontario's online consultations directory and though in-person sector-specific consultation sessions across the province. The in-person sessions will be held in all areas of Ontario, and will target "key industries," including automotive, forestry, mining, agriculture, steel, manufacturing and chemicals.
On April 1, 2019, the Ontario government published a consultation notice for this process, confirming that it is looking for input on "electricity rate design, existing tax-based incentives, reducing system costs and regulatory and delivery costs."…
