Featured in Brave new world – 01-2012

On the way to implementation

Ontario: Despite significant financial incentives and a large project pipeline, comparatively few photovoltaic systems have been installed in Ontario thus far. The solar industry is now relying on faster approval phases, greater acceptance on the part of the banks and dynamic adjustment of the feed-in tariffs (FITs) to declining prices.

Anyone who intends to build a larger photovoltaic system in Ontario will need patience. On average, approval for solar parks in the megawatt range currently takes two years, according to Jon Kieran, member of the board of the Canadian Solar Industry Association (CanSIA). And anyone who desires a bank loan will likewise have to demonstrate …

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