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Friday, May 04, 2012 10:00:44 AM
The more I have been thinking about it it is actually good. From the many thousands of FIT applications made by all the different companies and assumably AWSL also the OPA must have been swamped.
This long delay and now giving new requirements to apply and re-apply might be good for the real players. (which again I hope to be Atlantic included).
Here is my thoughts on this:
I understand from speaking to management of AWSL and calling a few other solar developers in Ontario, that everyone and their brother just started applying. Even without the most basic confirmation that structurally the buildings can hold it. Also without truly firming up the either ownership or lease of the building or rooftop. Lastly have the ability to finance the next steps like OPA contract security then the full engineering design and construction.
So what this did was make the OPA look bad issuing all these contracts and most are not getting built. So why be drowned in paperwork before truly qualifying the projects. This now puts the burden on the solar developers not the OPA. A smart move I think.
Did Atlantic W&S do their home work on these as they say or were they just applying to "squat" on the contracts... I guess we will know with the next release of offers if there name is all over it or not. This will be a very telling story of who is real and who is not.
Good luck.
JL
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