Executives from the Ontario Clean Technology Alliance are attending Munich, Germany's Intersolar 2011 this week to attract trade and investment to the province. The tradeshow is now in its 20th year and is the world’s largest gathering for the solar industry, with 75,000 visitors and 2,200 exhibitors.
Regional members of the Ontario Clean Technology Alliance want to show solar energy companies from around the world that Ontario is the best place in North America to expand or relocate their businesses. Ontario's pitch is that it offers "targeted alternative energy and clean technology incentives, a deep talent pool, and strong and stable economy."
Recent examples of solar industry progress in Ontario include: Germany's Algatec Solar AG announced a facility in Windsor-Essex, Ontario and an investment of CDN $10 million in the province; Germany's KACO Inc. opened KACO Canada in London, Ontario; and a variety of major plants and facilities including ones by Enbridge, First Solar, and Canadian Solar.
“For the international solar industry, our most compelling attraction is the Ontario Power Authority’s feed-in tariff, or FIT Program," says Catharine Gerhard, Business Development Officer with Waterloo Region’s Canada’s Technology Triangle Inc., an Ontario Clean Technology Alliance member. It features North America’s first comprehensive guaranteed pricing structure for renewable electricity production, offering stable prices under long-term contracts for solar photovoltaic, on-shore wind, biomass, biogas, landfill gas, and waterpower energy."
Ontario passed the Green Energy Act in May 2009, making it an early adopter in targeted cleantech.