News Feed: Renewable Energy

Renewable Energy Investment News – provided by ShiftCentral

  • Samsung and Canadian Solar open solar manufacturing facility in London

    2014-03-05 - The London community celebrated the start of over 200 local renewable energy jobs at the grand opening of the Canadian Solar manufacturing facility. This is the fourth manufacturing facility to be created by Samsung Renewable Energy under the Green Energy Investment Agreement with the Government of Ontario. Samsung and its partners are investing $5 billion in Ontario to create the largest cluster of solar and wind power anywhere in the world. Samsung will develop 300 MW of solar power in Ontario, part of a total of 1,369 MW of clean, renewable energy that will contribute to Ontario's initiative to phase out coal fired generation by the end of 2014.

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  • GDF Suez starts service from green energy projects in Canada

    2014-02-24 - French energy company GDF Suez says the Cape Scott wind farm and Beckwith solar facility adds 109 MW of renewable energy to its Canadian portfolio. The French company said the Cape Scott wind farm on Vancouver Island and the Beckwith solar facility in Ontario were up and running. The French energy company said nearly 17% of Canada's power comes from renewable energy resources.

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  • Senvion makes Ontario debut

    2014-02-23 - Senvion Canada has powered up the 6MW Oxley wind farm near Lake Erie, Ontario, its first project in a 200MW pipeline in the province. The Essex County project features three MM92 turbines on 100-meter towers. The units are adapted for cold climates. Senvion also has a 10-year service contract. The wind project has a 20-year power purchase agreement under the renewable energy standing offer program that preceded Ontario's feed-in tariff regime.

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  • ANDRITZ HYDRO opens stator coil manufacturing center in Peterborough

    2014-02-10 - ANDRITZ HYDRO, a world supplier of electromechanical systems and services for hydropower plants, opened its first 17,000 square foot stator coil manufacturing facility in Peterborough. To meet the demand in the North American market, the facility will use press curing technology to supply stator coils for use in new and refurbished hydropower generators. ANDRITZ HYDRO is creating new jobs and business growth, all the while maintaining its current engineering design and sales office, in Ontario.

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  • Canada's wind energy market had exceptional year in 2013

    2014-02-04 - The Global Wind Energy Council released its 2013 market statistics, showing global wind energy capacity has tripled over the past five years to reach a total of 318,137 MW. The amount of wind energy installed around the world rose by over 12% in 2013. Canada recorded exceptionally strong growth in 2013 with a record of close to 1,600 MW of new wind energy capacity installed, placing it 5th globally. Canada sustained its position as a global wind energy leader, ranking 9th in the world in total installed capacity with more than 7,800 MW of wind energy in operation. Canada will see a new record for annual installations of wind energy in 2014 as new projects are under construction across the country.

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  • Report: Ontario wind energy sector continues to grow

    2014-01-08 - The Ontario Electricity Data report confirms that the production of wind energy in Ontario has doubled over the past four years and that wind energy is poised to reach critical mass in meeting Ontario's electricity supply needs. The IESO revealed that the annual production of wind energy in Ontario has risen from 2.3 TWh to 5.2 TWh between 2009 and 2013. In 2013, Ontario wind farms produced electricity equivalent to the power needs of close to 550,000 average Ontario homes. CanWEA president Robert Hornung says that the IESO believes the contribution of wind energy to Ontario's electricity supply will increase even more significantly in the next couple of years as new wind energy projects come on line.

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  • ABB to build new solar energy plant in Ontario

    2013-11-07 - The Grand Renewable Energy Park will boast a total capacity of 100 MW. The solar energy system itself will be located close to Toronto. ABB will be responsible for engineering the $80-million solar energy system as well as installing its various components and maintaining the system. The Grand Renewable Energy Park will be one of the largest of its kind in the world. Construction on the new solar energy system is expected to last throughout the majority of 2014.

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  • Siemens Canada to invest in smart grid research projects in New Brunswick

    2013-10-01 - Siemens Canada and the University of New Brunswick have agreed on the scope of two research projects looking at smart grid technology that could begin as early as spring 2014. Siemens has committed to investing up to $2.5 million into academic research projects in the province of New Brunswick over the next five years in the form of funds, in-kind contributions such as software and equipment, as well as sponsorships and human resources.

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  • U. of Alberta team designs solar power nanoparticles that absorb light and conduct electricity

    2013-09-02 - The cost of solar power may be set to plummet as new discoveries by University of Alberta researchers could lead to cheap printable or spray-on solar panels. Researcher Jillian Buriak and her team have discovered a way to make inexpensive and easily manufactured nanoparticle-based solar cells using materials that are abundant in the Earth's crust. The discovery is an important step forward in making solar power more accessible to parts of the world that are off the traditional electricity grid or face high power costs, such as the Canadian North, said Buriak.

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  • Canadian scientists develop new way to store renewable energy

    2013-06-02 -

    Researchers based at the University of Calgary, Curtis Berlinguette and Simon Trudel, have developed an innovative way to make new affordable and efficient catalysts for capturing solar power. The discovery is a new type of electrolyzer device that uses catalysts to start a chemical reaction that converts electricity into chemical energy by splitting water into hydrogen and oxygen fuels. These fuels can then be stored and re-converted to electricity for future use. The technological breakthrough offers a relatively cheaper method of storing and reusing electricity produced by wind turbines and solar panels. The technology is set to be commercialized through a new start-up company called FireWater Fuel Corp. The findings have been reported in the journal Science.

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  • EDF Energies nouvelles acquires 300MW wind project in Alberta

    2013-04-07 -

    EDF EN Canada, a subsidiary of EDF Energies Nouvelles, has partnered with Enbridge in order to acquire the Alberta based 300 MW Blackspring Ridge project. The purchase agreement that has been signed with Greengate Power Corporation, the original developer of the Blackspring Ridge projetct, enables EDF EN Canada to expand its development expertise in Western Canada. The Blackspring Ridge Wind Project, located in Vulcan County north of Lethbridge, Alberta, is currently in late stage development and will be comprised of 166 Vestas V100-1.8 MW wind turbines. Construction is expected to start in the second quarter of 2013 and reach commissioning in mid-summer 2014. When operational, Blackspring Ridge will be the largest wind project in the province.

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  • Canadian researchers develop energy storage system

    2013-03-29 -

    Canadian researchers have developed a method which may ultimately enable excess energy created by wind turbines and solar panels to be stored for later use. Two researchers at the University of Calgary report in the journal Science that they have invented a relatively inexpensive way of using rust to act as a catalyst for capturing energy through the electrolysis of water. "This breakthrough offers a relatively cheaper method of storing and reusing electricity produced by wind turbines and solar panels," said Curtis Berlinguette, associate professor of chemistry at the university. The researchers expect to have a commercial product in the market by 2014, with a prototype electrolyzer designed to provide a family home's energy needs ready for testing by 2015.

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  • Alstom enters Canadian wind market through an agreement with NaturEner

    2013-03-06 -

    Alstom and NaturEner Energy entered into an agreement for the supply of up to 414 MW of wind turbines to be installed at NaturEner’s Wild Rose Projects in Alberta.  The agreement includes 138 ECO 110 3.0 MW wind turbines, and 10 years of maintenance services.  This project, amounting to around €420 million, should be booked by Alstom in the fiscal year 2013/14 as soon as Alstom receives the Notice To Proceed, which is primarily subject to the financial close of the project and its successful permitting. This agreement marks Alstom’s successful entry into the Canadian wind market.

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  • German-Canadian partnership for sustainable energy technologies launched in B.C.

    2013-01-14 -

    Fraunhofer and The University of British Columbia (UBC) in Vancouver will partner to jointly develop technologies for sustainable energy production and supply. The direct research partner for Fraunhofer will be UBC's Clean Energy Research Centre. Total funding of $5.25 million has been secured within Fraunhofer and UBC to support this unique partnership.

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  • Canadian batteries to help Indian telecom towers go solar

    2012-11-12 - Toronto-based battery maker Electrovaya walked away with two deals after a business round-table set up between the Canadian and Indian governments, reports EnergyBoom. The first is with Environ Energy Corporation India, also known as Bhaskar Solar. The two companies will work together to provide renewable energy solutions for 15,000 proposed telecom towers in India. Electrovaya will also provide lithium batteries for the Indian electric bike manufacturer, Hero Eco.

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  • Methes Energies Canada gets EPA Approval as foreign renewable fuel producer

    2012-11-05 - Methes Energies International, a renewable energy company that offers products and services to a network of biodiesel fuel producers, announced that its subsidiary, Methes Energies Canada, has been approved by the U.S. Environmental Protection Agency (EPA) as a Foreign Renewable Fuel Producer, making the biodiesel produced at its Sombra facility in Ontario, Canada, eligible for export to the U.S. The company said that obtaining this approval from the EPA enables Methes Energies to provides its U.S. importer the ability to generate Renewable Identification Numbers (RIN). RINs are used in the U.S. by obligated parties to comply with certain obligations under the Renewable Fuel Standard 2.

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  • EDF Energies Nouvelles commissions its first 80 MW wind power plant in Quebec

    2012-10-15 - French energy company EDF Energies Nouvelles announced the commissioning of its first wind power plant in Canada, the 80 MW Saint-Robert-Bellarmin facility in Quebec. This achievement is the first of a seven-project program totalling 1003.2 MW through 2015.

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  • Penn Energy Renewables and Canadian Solar expand agreement in Ontario

    2012-10-15 - Canadian Solar Solutions has expanded its relationship with Penn Energy Renewables with an additional 10MW turnkey engineering, procurement and construction contract and operations and maintenance agreement for the construction and operation of a solar power project in Ontario. This latest agreement brings the total EPC and OM agreement between the two companies to 28.7 MW. Construction of the newest solar power plant will begin in the fourth quarter of 2012, with the facility expected to be fully operational by the third quarter of 2013.

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  • Ontario leads Canada's solar power generation, finds study

    2012-10-14 - Ontario has been tabbed as the Canadian leader in solar energy. According to a report by GlobalData, Ontario's Green Power Tariff and the Renewable Energy Standard Offer Program have helped buoy the solar market in the province. In fact, solar backsheet installations have increased at a compound rate of 131% per year in recent years. Between 2006 and 2011, the capacity of backsheet installations leapt from 4 MW to 240 MW. According to the report, more growth is expected leading up to the year 2020, with Ontario's capacity increasing to 937 MW.

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  • CanWEA: 2012 Canadian wind energy installations up 20%

    2012-10-15 - Wind energy's contribution to Canada's electricity supply is expected to grow by nearly 20% by the end of this year as the country is set to add nearly 1.2 GW of wind power in 2012, the Canadian Wind Energy Association (CanWEA) announced. This will mark the second consecutive year that over 1 GW of newly installed capacity was added. According to CanWEA, every gigawatt of new wind energy drives $2.5 billion in investments, creates 10,500 person-years of employment and provides enough clean energy to power over 300,000 Canadian homes.

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  • Siemens and NB Power strike smart grid pact

    2012-07-29 - Siemens Canada and NB Power have struck an agreement that will see the global technology company create a 10-year energy road map for the province. The new partnership also sees the company open an R&D centre in Fredericton. Gaëtan Thomas, the president and chief executive officer of NB Power, said the use of the smart grid technology will help customers in the future. The precise nature of the programs are still being worked out between the two companies.

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  • More clean energy coming to Ontario with South Kent Wind Energy Project

    2012-07-23 - The South Kent Wind Project, a $600 million joint venture between Samsung Renewable Energy and Pattern Energy, aims to install approximately 125 Siemens turbines that can generate enough energy for 73,000 homes in the municipality of Chatham-Kent in Southwestern Ontario. Construction is set to begin in the third quarter with operations expected to start in the first quarter of 2014. The project will not only benefit the environment by providing clean energy to the population but will also benefit the community by providing around 20 permanent jobs and up to 300 constructions jobs.

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  • German green energy firm bringing 50 jobs to Beamsville

    2012-06-18 - Enercon, a German energy company, is building its first Ontario manufacturing facility in Beamsville. Niagara Electric will manufacture electronic parts for converters and control panels in wind turbines and solar panels for the Canadian and international markets. It’s expected the plant will bring 50 jobs.

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  • Nova Scotia wind energy firms join forces

    2012-04-03 - Renewable energy specialists Natural Forces Technologies acquired the business and assets of Wind Prospect. The acquisition is in line with the Dartmouth firms mandate to bring renewable energy to the Maritimes through partnerships with local and international firms. Wind Prospect, the Canadian arm of U.K.-based Wind Prospect Group, set up its offices in Halifax and Vancouver in 2006.

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  • Windstream Wolfe Island orders up to 130 Siemens wind turbines

    2012-01-04 - Windstream Wolfe Island Shoals said it has signed a binding agreement with Siemens to supply as many as 130 turbines for a 300 MW offshore wind power project on Lake Ontario. The turbine blades will be manufactured at Siemens’ factory in Tillsonburg, Ontario, the company said.

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  • EDF EN to build Quebec wind project with $350M investment

    2011-10-19 - EDF EN Canada, a subsidiary of France-based EDF Energies Nouvelles, announced it has obtained the “Decret” from the Government of Quebec authorizing the construction and operation of the 150 MW Massif du Sud wind project. With an investment of close to $350 million, the project will create about 200 jobs during the construction phase, and 8 to 10 permanent operation and maintenance jobs. The project, located in the municipalities of Saint-Luc-de-Bellechasse and Saint-Magloire in the MRC des Etchemins and in the municipalities of Notre-Dame-Auxiliatrice-de-Buckland and Saint-Philémon in the MRC de Bellechasse, will generate green energy to power the equivalent of over 30,000 Quebec homes.

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  • B.C. researchers study genetics of poplar tree for use in biofuels

    2011-09-26 - Researchers Dr. Carl Douglas and Dr. Shawn Mansfield, both at UBC, are using genomics to enhance breeding and selection of poplar trees to improve their potential as a biofuel resource. The researchers are using genomics to study tree growth at the molecular level, to develop short-rotation, fast-growing trees that can grow in a variety of climates across Canada, and produce wood that can be more readily converted to biofuel while minimizing the ecological footprint. Genome BC has funded the POPCAN project as part of Genome Canada’s 2010 Large-Scale Applied Research Project Competition.

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  • Report finds Canada has enormous potential for geothermal energy

    2011-09-18 - A report by the Geological Survey of Canada found that the country has enormous geothermal energy resources that could supply the country with a renewable and clean source of power. The report notes Canada's in-place geothermal power exceeds one million times the nation's current electrical consumption. As few as 100 projects could meet a significant fraction of Canada's base load energy needs, the report concludes. It also stresses that the high capacity factor of geothermal power makes geothermal energy particularly attractive as a renewable base load energy supply.

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  • Le Canada lance une nouvelle initiative pour l'innovation en matière d'énergie propre

    2011-08-03 - Joe Oliver, ministre des Ressources naturelles, et Jacques Gourde, député de Lotbinière-Chutes-de-la-Chaudière, ont lancé une nouvelle initiative du gouvernement du Canada : l’Initiative écoÉNERGIE sur l’innovation. Ce programme de 97 millions de dollars investira dans des projets de recherche, de développement et de démonstration pour des technologies d’énergie propre qui créeront des emplois de qualité pour les Canadiens. Les projets choisis mettront l’accent sur la recherche, le développement et la démonstration dans cinq domaines: l’efficacité énergétique dans les bâtiments, les collectivités, l’industrie et les transports; l’électricité propre et les énergies renouvelables; la bioénergie; la recherche-développement pour les véhicules électriques et les hydrocarbures non classiques.

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  • Canada launches new clean energy innovation initiative

    2011-08-03 - Joe Oliver, Minister of Natural Resources, and Jacques Gourde, Member of Parliament for Lotbinière-Chutes-de-la-Chaudière, launched the Government of Canada’s new ecoENERGY Innovation Initiative. The $97-million program will invest in research, development and demonstration projects for clean energy technologies that will create high-quality jobs for Canadians. The ecoENERGY initiative’s selected projects will focus on research, development and demonstration in five areas: energy efficiency in buildings, communities, industry and transportation; clean electricity and renewables; bioenergy; research and development of electric vehicles; and unconventional oil and gas.

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  • Calisolar to add up to 75 jobs at Ontario plant

    2011-07-28 - California-based solar products developer Calisolar said that up to 75 jobs would be created at its Ontario silicon manufacturing plant based on an agreement with partner Suntech. An industry publication reported a Canadian government tariff incentive program would be used to help move the solar panel project forward.

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  • Spanish developer pitches wind projects in Digby, Nova Scotia

    2011-07-27 - Grupo Gauscor of Spain and the Membertou First Nations of Cape Breton have formed Anaia Global Renewable Energies. A spokesperson from Anaia, Rodrigo Mauro, spoke to Digby town and district councils about investing in and developing local wind farms. Mauro says Anaia is looking to develop at least five projects in Nova Scotia. Anaia is hoping to partner with municipalities and native bands to take advantage of the Nova Scotia government’s newly released COMFIT rates. These are special electricity prices paid by Nova Scotia Power to encourage community-based renewable energy projects.

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  • Ontario's Green Energy Act has created 20,000 Jobs

    2011-07-24 - Ontario's clean energy economy has created 20,000 jobs to date, while supplying clean, renewable energy to power our homes and businesses. So far, more than 2,000 mid-size and large-scale Feed-in Tariff projects have been announced, representing enough electricity each year to power about 900,000 homes. This is part of Ontario's plan to replace dirty, coal-fired plants with cleaner sources of renewable energy like water, wind, solar and bio-energy. It's also part of the province's plan to build a clean, modern and reliable electricity system for tomorrow.

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  • La Loi sur l'énergie verte en Ontario a créée 20 000 emplois

    2011-07-24 - L'économie de l'Ontario axée sur l'énergie propre a permis de créer 20 000 emplois à ce jour, tout en fournissant de l'électricité propre et renouvelable pour alimenter nos foyers et nos entreprises. Jusqu'ici, plus de 2 000 petits et moyens projets découlant du Programme de tarifs de rachat garantis ont été annoncés, ce qui représente suffisamment d'électricité pour alimenter chaque année environ 900 000 foyers. Ceci s'inscrit dans le cadre du plan de l'Ontario pour remplacer les centrales alimentées au charbon à haute teneur en soufre par des sources d'énergie plus propres et renouvelables, telles que l'eau, le vent, le soleil et la bioénergie. Cela fait également partie du plan de la province pour construire une filière électrique propre, moderne et fiable pour des années à venir.

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  • Sunny Saskatchewan a potential solar power leader, says CanSIA

    2011-07-20 - Potential exists to build a major solar industry in Saskatchewan, reports The Star-Phoenix. Canadian Solar Industries Association (CanSIA) anticipates big growth for the industry in Saskatchewan and across the country. By 2025, CanSIA hopes to see solar energy widely deployed throughout Canada, its market competitiveness such that the government incentives are unnecessary, and recognized as an established component of Canada's energy mix. The association envisions a solar industry that supports more than 35,000 jobs and displaces 15 million to 31 million tonnes of greenhouse gas emissions per year.

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  • Maine tidal company partners with N.S. company on tidal turbine project

    2011-07-19 - Portland-based Ocean Renewable Power and Fundy Tidal of Nova Scotia plan to install underwater turbines in the Petit Passage off western Nova Scotia in the fall of 2012. John Ferland, Ocean Renewable's vice-president, said the potential for development in Canadian waters “is 10 times larger” than what's in Maine. The goal in the Petit Passage is to install about 15 to 20 of Ocean Renewable's tidal power units that could end up creating up to two megawatts of energy for Digby County.

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  • Ontario solar plant will employ 400

    2011-07-18 - Ontario’s Green Energy Act was a big factor in SunEdison’s decision to open a manufacturing plant in Newmarket that will have 400 employees turning out solar panels by year end, according to company executive Mark Mendenhall. The Liberal government’s Green Energy Act promotes renewable energy, and requires developers to source some of their equipment in Ontario. “Our commitment here is a long term one,” Mendenhall said in an interview.

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  • Ontario says green plan spurs $20B in investment

    2011-07-13 - The province of Ontario says its program of providing incentives for green energy production has brought in commitments for $20 billion in private-sector investment since the program was put in place in 2009. Ontario's energy ministry released a report that reveals that the province has signed or offered more than 21,000 contracts to developers of small, medium and large clean energy projects so far. The green energy program had created 13,000 jobs by the end of last year and is "very much on target" to reach the 50,000 mark by the end of 2012, Ontario energy minister Brad Duguid said.

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  • University of Toronto chemists developing new fuel economy

    2011-07-07 - University of Toronto researchers are working to develop a fuel derived from greenhouse gas emissions. The researchers are trying to develop a carbon-neutral system to recycle carbon dioxide, or CO2, into liquid fuel. The research project is fuelled by a $268,000 grant from Carbon Management Canada. Along with a clean source of hydrogen, the team hopes that the CO2 to methanol system will one day revolutionize the fuel sector.

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  • Report: Geological Survey of Canada quotes 'enormous geothermal energy resources' in Canada

    2011-07-05 - The Geological Survey of Canada and scientists in geothermal energy have released a report detailing the geothermal energy resource potential in Canada. The Canadian Geothermal Energy Association sees this report as a confirmation of its own findings that the expected resource potential of Canada, electricity generated by geothermal energy, could replace approximately 10 nuclear power plants and provide up to 10% of Canada's current total electricity generation. It could provide more than 9,000 permanent jobs and approximately 30,000 temporary jobs in manufacturing and construction.

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  • Saskatchewan ranked top Canadian spot for energy investment

    2011-06-27 - Saskatchewan is the top-ranked Canadian jurisdiction for oil-and-gas investments, according to an annual survey from the Fraser Institute. The province was applauded for its government's long-term stability in energy policy, low royalties and clear regulatory frameworks. On the global front, Saskatchewan ranks 11th out of 136 regions.

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  • Korea's DSME opens it's North American plant in Nova Scotia

    2011-06-16 - Korea-based Daewoo Shipbuilding & Marine Engineering (DSME) opened a new facility in Nova Scotia, called DSME Trenton Ltd. (DSTN). "We are very pleased with the results of our expansion into the North American market, and our strong partnership with the province," said DSTN CEO Nam-Ki Lee. "The progress we see here today underlines that we are well on our way to creating a renewable energy cluster in Nova Scotia," he added. DSTN's more than 100 workers are currently fulfilling orders for 30 towers. DSME is a diversified company and one of the world's largest ship builders.

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  • Wind power, energy storage tested in PEI

    2011-06-15 - Recent announcement from the Wind Energy Institute of Canada (WEICan) show that construction of a 10MW Wind R&D Park in North Cape, Prince Edward Island, is underway and the institute is ready to vet some energy storage solutions. The research and development park's purpose is to gauge the economic and technical viability of using energy storage technology with wind power plants in a Canadian application.

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  • European solar manufacturer open new plant in Windsor, Ontario

    2011-06-14 - Spain-based Siliken, the firm specializing in the manufacture of solar equipment, has chosen Windsor, Ontario as the location for its new manufacturing facility. The facility will be one of the largest solar module manufacturing plants in North America. Siliken has already created over 80 new direct jobs in the Municipality of Windsor.

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  • Ontario Clean Technology Alliance attending Intersolar to attract investment

    2011-06-12 - A group from the Ontario Clean Technology Alliance is attending Intersolar 2011 in Munich to attract trade and investment to the province. The province offers targeted alternative energy and clean technology incentives, a deep talent pool, and strong and stable economy. In addition, Ontario is a North American leader in the adoption of green energy policies with its passing of the Green Energy Act in May 2009.

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  • Invenergy creates clean energy jobs, boosts Ontario economy

    2011-06-09 - Ontario's shift toward clean, renewable energy is strengthening the province's economy by attracting good jobs and investment opportunities for families in the Chatham-Kent area. The new Raleigh Wind Energy Centre, developed, owned and operated by Chicago-based Invenergy, has created seven full-time clean energy jobs for the community, and employed more than 150 skilled workers during construction. With 52 wind turbines, this 78MW project generates enough clean, renewable electricity each year to power more than 20,000 homes and is part of Ontario's growing clean energy industry.

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  • Ontario's wind energy market to create 80,000 jobs, $16B in investments by 2018

    2011-06-07 - Wind energy developments in Ontario will create more than 80,000 person years of employment and attract more than $16 billion in private sector investments in the next eight years, according to a study on the economic impacts of the wind energy industry in the province. The report, by ClearSky Advisors, was commissioned by the Canadian Wind Energy Association (CanWEA) to quantify the projected jobs and economic benefits associated with the rapidly growing wind energy industry in Ontario. The report quantifies the projected economic benefits associated with a growth in Ontario’s installed wind energy capacity from 1,428 MW at the end of 2010 to over 7,100 MW by 2018.

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  • China targeting 'tens of billions' in Alberta oilsands investment

    2011-06-02 - Alberta government and business leaders discussed with Chinese energy executives and were told that tens of billions of dollars in new oilpatch investment will flow in the coming years. In the past 18 months alone, Chinese oil companies have pumped more than $13 billion into developing crude oil and natural gas prospects in Western Canada.

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  • Solar Power Partners, JCM Capital to provide equity financing for 6MW rooftop installation in Canada

    2011-06-01 - California-based Solar Power Partners and Canada's JCM Capital have agreed to provide development, construction, and long-term equity financing to Rumble Energy in support of a 6MW commercial-scale rooftop installation located throughout Ontario. Solar Power and JCM launched Solar Fund in December 2010 to finance 200MW of solar projects in Ontario, utilizing the province's feed-in tariff program with the Ontario Power Authority.

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  • Australia's Paladin enters Canada with $260M deal to buy Fronteer Gold's uranium assets

    2010-12-20 - Paladin Energy announced its expansion to Canada with a $260 million deal to buy Fronteer Gold's uranium assets. "Paladin is currently the largest independent, pure play, publicly listed uranium producing company in the world and this move helps us consolidate on this position," Paladin chief executive John Borshoff said.

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  • Mitsubishi bringing projects to Manitoba

    2010-12-19 - Manitoba and Japan's Mitsubishi Heavy Industries have entered into an agreement for a series of potential collaborative projects in eight key areas (battery-storage technologies, heat-pump technologies, electrification of transportation and recharging infrastructure, advanced bio-fuel technologies, wind-energy technologies, energy-efficiency systems and technologies, solar technologies and silicon processing, and integrated energy production, storage and utilization demonstrations).

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  • Capital investment boosts Canadian wind turbine company, ReDriven Power

    2010-12-19 - ReDriven Power announced that it has closed a $5 million investment to increase its operations and help clear its sales backlog of almost 100 wind turbine systems as well as support the expansion of sales globally. Christopher Grant, one of the company co-founders, added: "We founded ReDriven almost three years ago with a vision to become a key player in the small wind turbine sector." The investor is a private equity fund based in the U.S. Virgin Islands.

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  • Florida based Solar Park Initiatives signs LOI for 7MW project in Canada

    2010-12-07 - Florida based solar energy company, Solar Park Initiatives, has signed a letter of intent (LOI) for a 7MW solar project in Ontario. The project, pending permitting, engineering and financing, is estimated to generate up to $28 million in revenue once completed.

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  • Offshore wind would boost Ontario economy: Report

    2010-12-07 - "Ontario could create new industries, reinvigorate old ones, and generate thousands of new jobs over the next 15 years by building a vibrant offshore wind market around the Great Lakes," according to a report prepared by the Conference Board of Canada. The board estimated that the installation of a few hundred offshore wind turbines would add more than $4.8 billion to Ontario's GDP and create at least 55,000 person-years of employment between 2013 and 2026.

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  • Siemens selects Tillsonburg, Ontario, as new home for Canadian wind turbine blade manufacturing facility

    2010-12-05 - Siemens has selected Tillsonburg, Ontario, for its first Canadian manufacturing plant for wind turbine blades. The factory will be established in an existing 253,000-square-foot facility, located on 40 acres, that was originally opened in 1975. The factory represents an investment in excess of $20 million. The manufacturing, service operations and associated back-office activities are expected to create up to 300 jobs. An additional 600 related jobs for the construction and commissioning is expected to be created during the build-out of the wind farms under agreement with Samsung and Pattern.

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  • New wind turbine manufacturing plant to bring jobs and economic benefits to Windsor; Ontario

    2010-12-01 - Samsung C&T Corp and the Ontario government announced plans to open a wind turbine factory in Windsor, Ont., and create 300 manufacturing jobs along with 400 indirect construction and service jobs. The $40- to $50-million investment will either go for a new factory or use an existing vacant facility to expand.

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  • Ontario commits to wind energy improvement

    2010-11-30 - The Canadian Wind Energy Association's Long Term Energy Plan (LTEP) envisions 10,700 MW of renewable energy in Ontario by 2018 and significant new transmission investment to support them. It is reported that every 1,000 MW of new installed wind generation capacity represents approximately $2.75 billion in private sector investment, 1,000 new jobs, and enough electricity to power 300,000 Canadian homes.

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  • ATS opens solar plant in Canada

    2010-11-29 - Manufacturing solutions provider ATS Automation has opened its Photowatt Ontario Green Wing production facility to target the growing solar market in Canada. The production of the photovoltaic modules will begin on a new 100MW line in Cambridge, Ontario.

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  • Solar industry to create more than 70,000 jobs in Ontario by 2015

    2010-11-25 - Ontario's Green Energy and Economy Act and the associated Feed-in-Tariff (FIT) program was announced to stimulate job growth and local investment while phasing out the use of coal in energy production. A recent study by ClearSky Advisors has found that, over the next 5 years, Ontario could create more than 70,000 person-years of employment in the province.

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  • Ontario's Long-Term Energy Plan turns on clean power, turns off dirty coal

    2010-11-24 - Ontario's updated Long-Term Energy Plan sets the course for a clean energy revolution that is creating thousands of new jobs in Ontario. The government's 20-year energy plan, Building Our Clean Energy Future, will create a balanced mix of clean power sources and shuts down all dirty smog-producing coal plants.

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