The Ontario Power Authority has awarded 40 new contracts for more than 872 megawatts (MW) of renewable energy under the FIT Program. The latest offers follow the completion of the second phase of the Transmission Availability Test and the Distribution Availability Test.
In the announcement, the OPA said it expects to begin awarding phase three contracts for capacity allocation exempt ("CAE") projects that applied between June 5, 2010, and December 7, 2010 in the coming weeks.
The announcement is some good news on the heels of several recent developments that have shaken industry's confidence in the FIT program, including:
- the suspension of off-shore wind projects under the FIT the program;
- changes to the application rules for CAE and microFIT projects; and
- the rejection of many microFIT applications for want of connection capacity.