Ontario, Canada is an emerging market for photovoltaic (PV). At the end of 2008 there were less than 500 kW of PV installed in the province. But with the announcement of the Ontario New feed-in tariff for sustainable energy, including solar energy, things have changed. On October 5, 2009 with the addition of First Light 9.1MW project to come online, Ontario has just surpassed the 10 MW of installed solar power. Thus, making it the 10th largest jurisdiction solar energy in North America.
First Solar also intends to have a expanded by 20 MW to another project, near Sarnia completed later this year. This catapults the Ontario courts in the top 5 in North America a less than 30 MW of solar installed. At the end of November, 2009, there were over 500 MW of solar power contracts suspended. Sustainable Energy estimated annual growth of installed PV in Ontario to exceed 500 MW in 2010 with an additional 1,000 MW installed in 2011.
We believe that this number could be even higher than the provincial government has mandated that all coal plants, which amounts to 6 GW, must be decommissioned by 2014. Combined with increased energy demand, more than 10 GW of new installed capacity will be needed by 2014. The majority of this new generation should come from natural gas and alternative energy sources that the expansion of nuclear reactors Ontario has been rejected by the province. Then Ontario to become the number one area for photovoltaics installed in America North. Assuming that the province retained its market share and let the new purchase price intact, it would seem that the answer is yes (unless of course the California introduced a major acquisition costs of their own).
We participate in the rapidly expanding solar energy market in two ways. First, by selling solar photovoltaic panels into the wholesale and retail market in the USA and Canada. And secondly, by developing our own PV projects. Smart PV is based in Toronto, Ontario.
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GWS RC ARF Airplane Gasoline
GWS RC ARF Airplane Gasoline
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