Ontario invites bids for 930MW of renewable energy projects

6 April 2016 (Last Updated April 6th, 2016 18:30)

The Canadian province of Ontario is launching a competition for renewable energy projects as it plans to add 930MW of new clean energy capacity.

Ontario

The Canadian province of Ontario is launching a competition for renewable energy projects as it plans to add 930MW of new clean energy capacity.

Through Phase II of the Large Renewable Procurement (LRP) process, the government is inviting bids from companies for solar photovoltaic, wind, hydroelectric and bioenergy projects.

Ontario has opened bids for up to 600MW of wind, 250MW of solar photovoltaic, 50MW of hydroelectricity and 30MW of bioenergy.

The Independent Electricity System Operator (IESO) will launch a request for qualifications process by 1 August. Renewable energy projects generally larger than 500kW will be eligible for the competitive process.

Minister of Energy Bob Chiarelli said: "Ontario is a North American leader in the development of renewable energy projects.

"The next phase of renewable energy procurement will save consumers money by putting further downward pressure on electricity prices."

"By putting emphasis on price and community support, the next phase of renewable energy procurement will save consumers money by putting further downward pressure on electricity prices."

LRP II could create tens of thousands of new hours of work in the construction industry over the next few years.

In March, IESO offered contracts to 16 proponents for a total of nearly 455MW of renewable energy capacity. Of the 16 projects, 75% received support from local municipalities.

Since 2003, Ontario's clean energy initiatives have attracted billions of dollars in private sector investment and it is estimated that more than 42,000 jobs were created in the clean technology sector.

Currently, more than 30 solar and wind manufacturers are operating in communities across the province.


Image: Ontario has opened bids for solar photovoltaic, wind, hydroelectric and bioenergy projects. Photo: courtesy of worradmu / FreeDigitalPhotos.net.