[color=red]The Ontario government will announce on Thursday (TODAY) that it is awarding roughly $3-billion in renewable-energy projects to dozens of companies, ranking it one of the province’s biggest investments of its kind.
These are not my words, here is the article:
www.theglobeandmail.com/news/politics/ontario-to-award-3-billion-in-green-energy-contracts/article1918679/
Yesterday, the Minister of Energy in Ontario, Brad Duguid, did a phone in interview here in Ontario, and had a lot of great things to say about coming progress.
The wind, solar and hydroelectric projects will provide enough electricity for about 200,000 households, a government source said. Energy Minister Brad Duguid plans to unveil the projects at a news conference at the provincial legislature. (I will keep you guys abreast of this)
The projects will create about 7,000 direct and indirect jobs, and provide much-needed certainty for the nascent energy sector.
The government recently halted the development of offshore wind turbines, leaving industry players questioning Premier Dalton McGuinty’s commitment to green energy during an election year. But the bright side is, that energy will have to be made up for in some other clean capacity.
The government is counting on green energy to create jobs in the province’s battered manufacturing heartland. Mr. McGuinty is vowing to create 50,000 new jobs through his Green Energy Act by luring investors with the promise of generous long-term contracts that include a guaranteed revenue stream.
Last year, the government awarded more than $8-billion in renewable-energy projects to companies. With Many More to come.
Grid Cloud supplies services to the Renewable Energy sector. Everything from Environmental Impact assessments to EPC services to cleaning Solar panels.
This progress in Ontario is all good news for Grid Cloud.
Hang on to your hat.
All lasting business is built on friendship.
Alfred A. Montapert
