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Clarington project one of many for Ontario Power Generation
Durham Region    Share    Share on FacebookTwitterShare on LinkedinE-mail article
These are exciting times for Ontario Power Generation as the company is undertaking dozens of projects around the province, said a senior vice-president. "We'll build a clean and more prosperous future for those to come," said Frank Chiarotto, senior vice-president of hydro thermal operations. More

TransCanada profit falls on lower earnings from power business
Financial Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
TransCanada reported a 19 per cent fall in fourth-quarter profit due to lower earnings from its power business and reduced contributions from some natural gas pipelines. Net income attributable to common shares fell to $306-million, or 43 cents per share, from $376-million, or 53 cents per share, a year earlier. More

Ontario's Samsung green energy deal ripens slowly
Toronto Star    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ontario's controversial $7 billion deal with Samsung Renewable Energy is running late. And delays in the initial stages of the deal are likely to cascade into further deferrals, the company says. But in a rare interview, Samsung's top man in Canada defended the company's agreement with the province, which has become a lightning rod for critics of the Liberal government's renewable energy policies. More

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Solar panel makers grapple with hazardous waste problem
Financial Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Homeowners on the hunt for sparkling solar panels are lured by ads filled with images of pristine landscapes and bright sunshine, and words about the technology's benefits for the environment and the wallet. What customers may not know is that there's a dirtier side. More

Feds won't fund new energy project
Northern News Services    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The federal government has shot down a request from city hall for up to $12.5 million in funding for a smaller scale district energy system to heat city-owned facilities only. This is just the latest bad news to add to a long list of troubles the city has had trying to get some type of district energy system off the ground, starting with plans to borrow up to $49 million toward a district energy plan partly powered with geothermal heat from Con Mine, which voters rejected in a referendum in March 2011. More

Wind farms, family farms not the best of neighbours
The Chronicle Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When you're driving north from Kincardine to Inverhuron in Ontario, you can see a skyline of red warning lights atop the wind turbines flashing against the night sky. This is farmland. There is a lot of dairy in Bruce County, and even more beef. And over the last four years, there's been a lot of wind farming, too. More

Renewable energy debt issuers abound
Financial Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
If the fixed income analysts at BMO Capital Markets have got it right, investors can expect another crop of issues by companies whose business is renewable energy, a move, they suggest will generate a gust of income for your portfolio. In a recent report, Mark Laing wrote that he expected more than $772-million of project finance bonds. More

Alaska brewery to use spent grain to power its production plant
Vancouver Sun    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Alaskan Brewing is going green, but instead of looking to solar and wind energy, it has turned to a very familiar source of beer. The Juneau-based beer maker has installed a unique boiler system to cut its fuel costs. It purchased a $1.8 million furnace that burns the company's spent grain. More

Metso to supply biomass power plant to Bioenergeticheskaya Kompaniya in Russia
Market Wire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Metso plant will enable utilization of sawmill residue for sustainable heat and power production. Metso will supply Bioenergeticheskaya Kompaniya with a complete biomass-fired combined heat and power plant in Syktyvkar, the Komi Republic, Russia. The power plant is scheduled to be in operation in 2014. The value of the order will not be disclosed. More

Sprott Power finalizes transition agreement
Canada Newswire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Sprott Power a developer, owner and operator of renewable energy projects, announced that following the giving of notice of termination of its Management Services Agreement with Sprott Power Consulting. It has entered into a transition agreement with Sprott Consulting. More


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Frank Humada, Director of Publishing, 289.695.5422
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