The European Photovoltaic Industry Association has reported that, for the first time ever, solar PV power became the most installed energy source in Europe in 2011.The increased uptake of solar power, which rose 63% to reach 21.9GW last year, has been attributed to the implementation of incentive schemes and widespread subsidization by governments.
European countries [...]
MISSISSAUGA, Ontario, May 09, 2012 (BUSINESS WIRE) — Panasonic Eco Solutions Canada Inc., a new affiliate of Panasonic Corporation of North America, has been established to deliver end-to-end energy solutions for the design, implementation and financing of renewable energy and energy efficiency projects in Canada. The new Mississauga-based company is able to provide enterprise [...]
On May 3rd, 2012 Canadian Solar Inc. (Kitchener, Canada) announced that it has signed a USD 120 million construction loan facility with the Bank of China, New York Branch (New York, New York, U.S.) to fund solar photovoltaic (PV) plants in the Canadian province of Ontario.
This loan facility will support the building of PV [...]
A CAD$10 million solar development capital fund has been launched across Ontario, Canada by JSM Capital. The investment will leverage the province’s current feed-in tariff program to finance early-stage PV projects installed on large commercial and industrial buildings.
The fund will target application-ready projects awaiting submission to the Ontario Power Authority application window and provide [...]
Canadian Solar and SkyPower Energy have entered a purchase agreement under which Canadian Solar will purchase a majority in 16 of SkyPower’s Ontario PV projects. Fifteen of these projects are included in Ontario’s FiT program while one is part of the Ontario renewable energy standard offer program.
The energy generated will total between 190 and [...]
The Province released its Two-Year Review Report summarizing the results of its FIT Program review. The Report proposed the following material revisions to the FIT Program.
Commitment to 10,700 MW Original Target - The Long-Term Energy Plan target of procuring 10,700 MW of non-hydro renewable energy generation by 2015 will be maintained. At the end of 2013, [...]
