Showing posts with label provincial. Show all posts
Showing posts with label provincial. Show all posts

Wednesday, March 28, 2012

Cuts to Ontario's Wind and Solar FiTs

The Canadian province of Ontario announced cuts to Feed-in Tariff (FiT) for wind and solar on Thursday March 22. Enacted in 2009, the tariffs have driven the province's exponential renewable energy growth. Wind power in Ontario now has more than 1,750 MW of installed capacity and they plan to have 7,500 MW by 2018. Solar power in the province can now generate more than 200 MW. In 2011, Ontario's generous FiTs also provoked a great deal of interest from international players.