Ontario Clean Technology Alliance looks for companies to invest in the province

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Ontario Clean Technology Alliance looks for companies to invest in the province

Greentech Lead America: Ontario Clean Technology
Alliance is looking for companies to invest in the province.

The Ontario Clean Technology Alliance is a group of 11
regional and municipal partners teamed with federal and provincial trade and
innovation ministries.

At the WINDPOWER 2012, the Ontario Clean Technology
Alliance will showcase a $600 million, 270-MW South Kent Wind joint venture
between Pattern Energy Group and Samsung Renewable Energy.

Ontario claims that it is the largest producer of wind
energy in Canada.

Ontario has more than 1,950 MW of installed wind power
capacity generated by more than 1,000 turbines. By 2018, Ontario expects to
install more than 5,600 megawatts of new wind energy capacity, creating 80,000
person years of employment and attracting $16.4 billion in private investment.

Subject to final approval from the Ontario Ministry of
the Environment, the targeted start for construction on the 124-turbine Ontario
joint venture between Pattern and Samsung is the third quarter of 2012, with
the wind project fully operational by early 2014.

“South Kent Wind is one of four separate wind energy
power purchase agreements between Pattern, Samsung and the Ontario Power
Authority (OPA) that will ultimately provide 870 megawatts of clean energy to
OPA, enough to power more than 300,000 homes every year,” said Stuart
McFadden, Manager, Business Development, Municipality of Chatham-Kent.

“South Kent Wind and our other wind projects under
development in Ontario represent a historic commitment to creating jobs,
building factories and installing wind power projects in the province,” said Mike Garland, CEO of Pattern Energy.

The $600 million South Kent Wind project will create
economic benefits including 300 construction jobs, 20 permanent jobs, an
estimated $800,000 of annual tax revenue, and a community benefits program
supporting local causes over the life of the project.

The project’s environmental benefits include the
production of clean and renewable energy equivalent to the annual needs of
73,000 Ontario homes and offsetting more than 877,000 tonnes of carbon dioxide
compared to electricity generated by coal — equal to taking 157,000 cars off
the roads each year.

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