Ontario’s Independent Electricity Systems Operator (IESO) has awarded 140 MW-AC of solar PV among 455 MW-AC of renewable energy overall in its latest auction for large-scale renewable energy projects.
The biggest solar winners in this round of the Large Renewable Procurement (LRP) program are BluEarth Renewables, which has been awarded a contract for its 54 MW-AC Loyalist Solar project in Lennox and Addington County, and SunEdison, which will build a 44 MW-AC solar project in Haldimand County. BluEarth expects to being construction of the Loyalist Project in 2017, and for the plant to be operational in 2018.
Other developers who won solar project contracts include:
- EDF – 22 MW-AC in two projects
- Sky Solar – 12 MW
- Invenergy – 6.7 MW
- Skypower – 1.4 MW
Among the 455 MW-AC of renewable energy projects awarded, 2/3 of the capacity went to wind projects. IESO notes that more than 80% include participation from one or more First Nations communities, including five with more than 50% participation.
The LRP is Ontarios new process for awarding large-scale renewable energy projects, and replaced the provinces feed-in tariff for projects above 500 kW in 2013. As explored in an article in the February edition of pv magazine Canadian Solar has estimated that the latest round of the LRP was 12 1/2 times oversubscribed.
Canadian Solar has also described LRP pricing as very competitive. The average price for solar projects in this round came in at around CA$160 (US$120) per megawatt-hour, within a range of CA$141-$178 (US$107-$135)
Correction: This article was corrected at on March 14 at 8:50 AM EST (U.S.) time. The original version of this article listed prices for these projects that were off by a factor of 10 – a price of CA$141 was listed as CA$14.15. We have changed all of the prices to the correct figures.