China set for additional 1,650MW of wind power
Arcapita Bank, a Bahrain investment firm, has acquired Chinese wind energy generation firm, Honiton Energy Holdings, which will spearhead the plan for the development.
The giant Inner Mongolian project will cover five different sites and generate around 1,650 MW of power, increasing ChinaÂ’s wind power generation from around 6,000 MW to 7,750 MW. Arcapita has linked up with Singapore-based Colossus Holdings for the project.
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Typical Ontario electricity bill set to increase nearly 2% as fixed pricing ends
TORONTO - Energy bills for the typical Ontario home are going up by about two per cent with fixed pricing coming to an end on Nov. 1, the Ontario Energy Board says.
The province's electricity regulator has released new time-of-use pricing and says the rate for the average residential customer using 700 kWh per month will increase by about $2.24.
The change comes as Ontario stretches into its eight month of the COVID-19 pandemic with new case counts reaching levels higher than ever seen before.
Time-of-use pricing had been scrapped for residential bills for much for the pandemic with a single price set…
