In another in a series of stunning announcements from Ontario, the provincial power authority has awarded connections and contracts for 2,500 MW of new renewable generation capacity under its precedent-setting feed-in tariff program.
More announcements are expected in the months to come as the Ontario Power Authority brings on an additional 1,500 MW of new transmission capacity and works its way through an 80 MW backlog of residential rooftop solar applications.
In typical Canadian understatement, the Ontario Power Authority (OPA) says the contracts awarded may be "the single largest green initiative of its kind in Canada." In reality, the program may simply be the single largest green initiative in North America as the province races ahead in its plan to close its coal-fired power plants by 2014.
But equally as significant is Ontario's intent on sharing the investment opportunity with its own citizens. In a program unique in North America, OPA has awarded contracts and connections for some 460 MW of projects that will be owned by community and aboriginal groups.
The effect of FITs on job growth is apparent just by looking at the headlines:
(Image courtesy of Flickr user Robert Scott, shared under a Creative Commons license.)