TransCanada to sell 76 MW in Ontario
TransCanada has agreed to sell 76 MW of solar capacity in the Canadian province of Ontario to Axium Infinity Solar LP for C$540 million ($419.09 million).
Ontario offers 150 MW of small-scale renewables under FIT round
Solar had the largest share in the final procurement round, with PV developers securing 382 of the 390 assigned feed-in tariff (FIT) contracts. Around 35% of the offered contracts are projects in indigenous communities.
Ontario launches green fund with initial $298 million investment
The authorities in the Canadian province of Ontario have announced the launch of the Green Ontario Fund, with the nation’s leading PV industry body hailing the new scheme as a potential boon for future solar deployment.
Canada’s utility Alectra expands solar-plus-storage business
The power provider has entered into a partnership with AMP Solar, a Canada-based solar developer, to offer storage solutions for its Ontario customers.
UGE secures $15 contract to install 9 MW in Ontario
The Canadian developer will build 15 ground-mounted solar plants in Peterborough. The projects are owned by the local utility and the town’s government.
Ontario improves rules for net metering
Under the new rules, which will come into force on July 1, the size limit of 500 kW for power generators installed under the scheme will be removed.
Kontrol Energy Corp to purchase 20 MW of solar power assets
The Canadian provider of energy efficiency and technology solutions has signed a letter of intent to acquire a number of solar power generation sites across Ontario.
Canada’s Potentia Renewables secures $78 million financing from La Caisse
Quebec’s investment fund has agreed to provide Ontario-based rooftop solar specialist with CA$ 107 million ($78.0 million) in debt financing.
TerraForm raises another $86 million for Ontario solar projects
The troubled yieldco has managed to raise additional capital for four solar projects in Canada, as we wait on word of its settlement with SunEdison and potential sale to Brookfield.
Canadian Solar sells three PV power plants to Fengate for US$ 195 million
The solar farms, located in Sault Ste., have a combined capacity of 59.8 MW. Canadian Solar will continue to operate the PV plants on behalf of Fengate.
