Alliance for Renewable Energy

Ontario Awards Feed-in Tariff Contracts for $9 Billion in Private Investment

 From Wind-Works.org:

In an2315688456_43bc5250f3_bother 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.

Read more.

The effect of FITs on job growth is apparent just by looking at the headlines:

 

NorthGrid Solar
Inc. launches into
Ontario Feed-In Tariff market

NorthGrid Solar Inc. launches into Ontario
Feed
-In Tariff market with solid ….
Job anxiety tumbles in Ontario: RBC
Canadian
Consumer Outlook (2010-04-01)
 

The Planning Report – Ontario,
Canada, Implements
Solar Feed-in Tariff

Ontario's Feed-in Tariff program,
the centrepiece of the province's new Green Energy Act, will create an
estimated
50000 green jobs over three years while…
 

Canadian Solar
& Opsun To Build
Solar Panel Manufacturing Facility

7 Dec 2009 The Ontario, Canada solar
market is heating up as companies line up to take advantage of the
province's
feed-in tariff (FIT). The
new
facility is expected to result in 500 new direct manufacturing
jobs in Ontario.
 

Metro Investment Report -
Ontario, Canada,
Implements Solar Feed

Ontario, Canada, Implements Solar
Feed
-in Tariff new program that
will create
thousands of jobs while establishing a favourable
investment
environment
 

Ontario solar
plant to create 500
jobs – thestar.com

3 Dec 2009 Solar module maker
Canadian Solar Inc. is preparing to establish a
"a
significant number" of feed-in-tariff
(FIT)
applications to the

(Image courtesy of Flickr user Robert Scott, shared under a Creative Commons license.)