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Quebec’s new energy strategy includes large-scale solar

The Canadian province’s first pilot solar park will be built by local hydropower producer and utility Hydro-Quebec. The region is also preparing to support solar distributed generation through net metering.


Alberta launches $36 million solar rebate scheme

Rebates can cover up to 30% of the costs for buying and installing a residential or commercial PV system. The program is expected to enable the deployment or around 50 MW of solar capacity.


UGE secures $15 contract to install 9 MW in Ontario

The Canadian developer will build 15 ground-mounted solar plants in Peterborough. The projects are owned by the local utility and the town’s government.

UGE completes acquisition of Carmanah Solar, secures contract for 17 MW solar facility in Alberta

The Canadian renewable energy company has taken full control of the joint venture that acquired the solar unit of Carmanah Technologies Inc. in April. Furthermore, the company has secured a contract to build a 17 MW ground-mounted solar plant near Calgary.

Ontario improves rules for net metering

Under the new rules, which will come into force on July 1, the size limit of 500 kW for power generators installed under the scheme will be removed.


Canada: Newfoundland and Labrador launches net metering

Renewable energy power generators installed under the scheme will sell power surplus to local utilities Labrador Hydro and Newfoundland Power starting from July 2017.

Sky Solar posts $3 million net profit in 2016

Net income hit $3.3 million in the 12 months to the end of December, from a net loss of $1.6 million a year earlier, although the Hong Kong-based PV independent power producer recorded a net loss of $8.7 million in the fourth quarter, from $7.4 million in the final three months of 2015.

China key to growth of green bond market in 2016

Global issuance soared 60% year on year to $113 billion in 2016, with Chinese and Indian banks playing a critical role in driving growth by issuing debt securities to back the development of PV projects and other climate-related initiatives, Fitch Ratings said in a recent report. The total value of outstanding green bonds had reached $280 billion by the end of March 2017.

Kontrol Energy Corp to purchase 20 MW of solar power assets

The Canadian provider of energy efficiency and technology solutions has signed a letter of intent to acquire a number of solar power generation sites across Ontario.

Canada’s Potentia Renewables secures $78 million financing from La Caisse

Quebec’s investment fund has agreed to provide Ontario-based rooftop solar specialist with CA$ 107 million ($78.0 million) in debt financing.

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