Ontario – The Best place for Wind Energy

Executives from the Ontario Technology Corridor, attending WINDPOWER 2010 in Dallas this week, are showcasing Ontario as the best place in North America to expand or relocate a wind energy business. A $7 billion wind and solar project with Samsung C&T Corporation and the Korea Electric Power Corporation (KEPCO) has already been announced and will be the largest of its kind in the world.

Heather Pilot is a Director of Business Development with the London Economic Development Corporation which is an Ontario Technology Corridor partner:

“For the wind industry, our most compelling attraction is the Ontario Power Authority’s feed-in tariff, or FIT Program. It features North America’s first comprehensive guaranteed pricing structure for renewable electricity production, offering stable prices under long-term contracts for on-shore and off-shore wind, solar photovoltaic, biomass, biogas, landfill gas, and waterpower energy.”

To get the latest please visit Ontario’s clean technology incentives.