A Solar Tree grows in London
Designed to mimic the City of London, CanadaÂ’s logo, the Tourism LondonÂ’s Solar Tree is a more than 8 metre tall structure featuring 27 leaves, each of which contains a solar panel.
This structure – along with three other, pole-mounted solar panels – can produce 8.6 kilowatts of electricity, enough to provide for about half the electricity needs of the Tourism London offices.
As far as the cost of the system – $160,000 - Tourism London is quick to point out that it will come at no cost whatsoever to the taxpayer, as over the course of a 10-year contract, recently signed with the Ontario Power Authority’s microFIT program, the Solar Tree system will more than save enough in utility costs to offset the purchase price, and will create a $165,000 profit.
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Electricity deal clinches $100M bitcoin mining operation in Medicine Hat
TORONTO - The City of Medicine Hat has agreed to supply electricity and lease land to a Toronto-based cryptocurrency mining company in a deal that will see $100 million in construction spending in the southern Alberta city.
The city will provide electric energy capacity of about 42 megawatts to Hut 8 Mining Corp., which will construct bitcoin mining facilities near the city's new Unit 16 power plant.
The operation is expected to be running by September and will triple the company's operating power to 60.7 megawatts, Hut 8 said.
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"The signing of the electricity supply agreement and the land lease represents a key component…