Terms of Use

Latest News

Ontario to attract over $10 Billion in Green Energy Private Investment

A recent study by ClearSky Advisors Inc. shows that $12.9 billion in private investment is expected in Ontario by 2018. Investments in the next seven years will support more than 74,000 person years of employment or an average of 25 jobs in Ontario per installed megawatt.

ClearSky Advisors Inc. Report (PDF)

2nd Renewable Energy Finance Forum : Ontario

Ontario continues to move forward in developing an extensive portfolio of renewable energy projects. Ontario's Green Energy and Economy Act has now been in operation for over a year. As a result it is no longer a question of how popular the scheme and the demand for contracts has been but what is the timeline for projects being developed.

For more information visit www.euromoneyenergy.com/Calendar.aspx

GE finance arm ready to invest in Ontario

General Electric enters Ontario solar market.

From the Globe and Mail:

GE plugs into Ontario's solar energy market (article link)

General Electric GE-N energy finance arm has jumped into Ontario's burgeoning solar energy market, as the province's renewable power policy continues to ...

Ontario the next hot solar market

Ontario poised to be the world's next leading solar market

Recent announcement of FIT Contracts issued by the OPA are pointing to a very robust solar market in Ontario. Hundreds of contracts have been awarded and the FIT program is off to a great start.

More information can be found at: http://www.powerauthority.on.ca/

Ontario Proposes New Feed-In-Tariffs for Green Energy

Ontario is poised to introduce new electricity pricing to encourage the development of renewable energy from a diverse range of producers including homeowners, community-based groups and larger scale commercial generators.

Proposed prices and program guidelines announced yesterday will form the basis of an eight-week consultation process with renewable energy stakeholders and several general information sessions for the interested public.

Solar micro-generation, 10 kilowatts and under, will enjoy the highest tariff in order to incent Ontarians to participate. If the proposed FIT program leads to 100,000 residential solar rooftop installations, it will amount to one percent of Ontario's supply mix.

The proposed FIT prices were developed based on experience here in Ontario and in other jurisdictions. Prices differ based on project size and type of renewable energy technology. They cover capital, operating and maintenance costs and allow for a reasonable rate of return on investment over an approximate 20-year period. They also provide special categories for community-based projects.

Solar PV roof top systems below/equal to 10 kilowatts would receive a tariff of Canadian 80c/kWh; 10 - 100kW 71.3c/kWh; 100 - 500kW 63.5c/kWh; > 500 kW 53.9c/kWh. For ground mounted systems below or equal to 10MW, the rate would be Canadian 43c/kWh.

"The proposed feed-in tariff program would help spark new investment in renewable energy generation and create a new generation of green jobs," said George Smitherman, Deputy Premier and Minister of Energy and Infrastructure. "It would give communities and homeowners the power and tools they need to participate in the energy business in the new green economy."

"Ontario has made great progress in procuring renewables, becoming Canada's leading province for wind power," added Colin Andersen, CEO of the Ontario Power Authority. "This proposed FIT program would build on our success and ensure that more contracts turn into projects sooner."

The proposed Green Energy Act (GEA), if passed, would establish Ontario as a leader in renewable energy, drive green investment in the province and create 50,000 jobs in the first three years. Additional changes proposed under the GEA would also make it easier and faster for projects to get connected to the grid.

www.solarbuzz.com - March, 2009

Signup for our Solar Income Fund newsletter.

Follow Us On:

Login

Website content

The information contained on the pages of this site is subject to modification and update from time to time without notice. Solar Income Fund Inc. cannot guarantee or ensure either the accuracy, completeness or authenticity of any site content, site functionality, or your transmission of any site content from the site to you.

Certain aspects of the site have been prepared by persons independent from Solar Income Fund Inc. Other websites that may be accessed from this site by hypertext links are entirely independent of the site. The inclusion of any site acknowledgments, identification of any person or entity in the site, or any hypertext link to another person or entity shall not, in any manner, be construed as an endorsement of such person's or entity's website, products, services, or contributions to the site.

Use of this website

The site does not, and it is not intended to, provide any financial, legal, or tax advice, and shall not be relied upon by you in that regard.

You agree that your use of the site shall be on an "as is" basis entirely at your risk. Neither Solar Income Fund Inc., nor any of its affiliated companies, nor any officer, director, or employee thereof, nor any other person associated with the creation of the site or its contents, shall be liable or responsible to any person for any harm, loss or damage that may arise in any connection with your use of the site, including without limitation any direct, indirect, special, third party, or consequential damages. The site shall not be used, or relied upon by you, as a substitute for your independent research or professional advice that may be applicable. If you would like further information concerning site contents or you wish permission to use, to reproduce, or to republish any site contents, please contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Security

You acknowledge and confirm that the Internet is not a secure medium where privacy can be ensured, and that complete security and confidentiality over the Internet is not possible at this time. Your confidential use of the site cannot be guaranteed and you acknowledge that your use of the site (including information you transmit to the site) may be subject to access by, or disclosure to, other persons. Without limiting any other disclaimer herein, Solar Income Fund Inc. shall not be responsible or liable for any harm that you or any other person may suffer in connection with any such breach of confidentiality or security.

Privacy

Information provided by you through our website is used for Solar Income Fund Inc. business purposes only in order to service your needs as a customer. Please review our privacy policy in detail.

Governing laws

The laws of the Province of Ontario and the federal laws of Canada applicable therein shall govern as to the interpretation, validity and effect of this Agreement and any use of the site. You hereby consent and submit to the non-exclusive jurisdiction of the courts of the Province of Ontario in any action or proceeding instituted under or related to this Agreement or your use of the site.

Intellectual Property and Copyright Notice

Names, phrases, logos, icons, graphics, images or designs, including the design marks above, used throughout the Site may be trade names, registered or unregistered trademarks or services marks ("Trademarks") of Solar Income Fund Inc. The display of Trademarks on this Site is not an implied license to any third party for use of the Trademarks.

All information on this Site is protected under copyright laws. Except as provided on this Site, no one has permission to copy, redistribute, reproduce or republish any information found on this Site, which includes uploading or downloading without the prior written consent of Solar Income Fund Inc.

Name:
Email: