Ontario’s Independent Electricity System Operator (IESO) announced on Wednesday that it will offer 936 long-term contracts for 241.430MW of small-scale renewable generation in the latest procurement under the feed-in tariff (FiT) programme, FIT 4.
Under phase 2 of the Large Renewable Procurement (LRP) Scheme, Ontario is opening bidding for 930MW; almost doubling its renewable energy ambitions for solar (250MW), wind (600MW), hydroelectricity (50MW) and bioenergy (30MW).
Ontario’s Independent Electricity System Operator (IESO) has awarded seven solar energy contracts totalling nearly 140MW with a weighted average price of CAD0.1567/kWh (US$0.12).
