Northland is a clean energy developer based in Toronto. Its anticipated hydroelectric energy project at Marmora intends to storeroom and reconcile wind and solar energy inwards the Ontario power aggravate, and advantage off the preponderance relating spot and off-peak electricity prices.
Ontario enacted the Novel Stimulus and Novel Economy Act in 2009. Featuring a renewable energy feed-in evaluate (FIT,) the act has spurred scores of Ontario clean-tech companies (through Northland Push) inwards unripe renewable energy.
The 2012 Q4 FIT program reported that 1,728 FIT contracts detain been finalized by the Ontario Push Charge (OPA.) The comprehensive rated electrical power generation fragment of live in make contracts exceeds 4.5 gigawatts. Nearly 30% of the companies that detain OPA FIT contracts are commercially set.
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