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Several OSEA members are the first medium-size power generators to be awarded contracts under the provincial feed-in tariff program. They are among 510 new green energy projects announced on March 10 by the Ontario Power Authority at a press conference held at a Loblaw store in Toronto. Loblaw has obtained FIT contracts to install solar panels on over 100 of its stores throughout the province. Everybody is participating, from everywhere in Ontario, from farmers, schools and hospitals to large scale retail and commercial operations," said Brad Duguid, Minister of Energy and Infrastructure. Most of the 500 projects announced are solar, although several are for wind, hydro and biogas

Solar rooftop

OSEA is excited to announce two new low-interest financing choices that support the Community Power sector. Our two newest members, the Italian Canadian Savings and Credit Union and the Canadian Mortgage and Housing Corporation, are offering special financing that can assist with the development of sustainable energy projects. We are pleased to welcome both the Italian Canadian Savings and Credit Union and the Canadian Mortgage and Housing Corporation on board, and we look forward to working together to further the growth of the sector. To find out more about these programs click here.

Crops on farm, biogas setup in background

Farm Credit Canada has announced a new FCC Energy Loan to aide farmers and agribusinesses move towards producing their own green energy. Beginning March 1st, Canadian farmers and agribusiness owners interested in producing their own renewable energy will have a new federal financing option to do so. The loan will help farmers purchase and install on-farm energy sources like biogas, geo-thermal, wind or solar power. With interest in renewables amongst the agricultural sector increasing across the country, Agriculture minister Gerry Ritz affirmed that, "this initiative is good for the environment and it's good for the bottom line on farms across Canada."

Funding Organizations:
Funding Organizations - March 3, 2009 - width 635
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