Having suspended Standard Offer Program (the first North America Feed In Tariff in recent twenty years) in 2008, on September 24, 2009 Ontario made its second attempt to create a green economy. Solar Feed In Tariff with a guaranteed price of 80.2 c/kWh for solar PV projects 10 kilowatts or less in size and 71.3 c/kWh for solar PV projects 250 kilowatts or less in size may trigger a solar boom in the province.
Can Ontario repeat the success of Germany? If so, we can expect installing 200-250 MW nameplate capacity even in the first year.
In the next couple of articles I will try to analyze opportunities created by the new initiative. We start with investment aspects of solar photovoltaics in Ontario.
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