April 8, 2010 11:00 AM
Soon, even more Ontario homes and businesses will be powered by green energy.
The Province has just delivered the largest green energy initiative of its kind in Canadian history. Under the Green Energy Act's feed-in tariff program, 184 new contracts for big, green-energy projects have been approved. This is in addition to 510 medium-sized projects already announced. The contracts could generate more than 2,500 megawatts -- enough electricity to power 600,000 homes.
As well, the domestic content requirements in these projects will mean thousands of new jobs in the growing green energy sector and about $9 billion in private sector investment.
The Premier made the announcement in Cornwall, located in eastern Ontario -- a region where 60 green energy projects with a potential generating capacity of 900 megawatts have been approved. This includes three 10-megawatt ground-mounted solar projects in the Cornwall area.
Ontario's Green Energy Act is part of the government's Open Ontario Plan. It provides a stable price for clean energy producers so they will invest here, and create up to 50,000 Ontario jobs.
"Ontario has a vision for green energy -- we will be a North American leader. We have practical, aggressive policies to secure green energy generation, research and manufacturing, which will create good jobs in a growing industry."
– Dalton McGuinty
Premier of Ontario
"Green energy projects have the potential to provide a real boost to local economies by bringing much-needed jobs in construction, operation and maintenance. I am proud to see our government investing in the future of the region by helping improve the quality of life for our residents."
– Jim Brownell
MPP, Stormont--Dundas--South Glengarry