A project of the
In development for two years now, SolarShare is a co-operative that will build multiple rooftop solar- electric projects of up to 250kW in size, which it will finance, develop, maintain and operate. All Ontarians will be able to invest in the SolarShare projects, which are aimed at generating up to 8% return on investments. The first projects wil hopefully be launched in late 2010.
Revenues from its energy sales will be at set rates guaranteed under 20 year contracts with the Ontario Power Authority (OPA), under Ontario's new Feed-In Tariff (FIT) Program, a part of the new Green Energy and Green Economy Act.
Revenues from its energy sales will be at set rates guaranteed under 20 year contracts with the Ontario Power Authority (OPA), under Ontario's new Feed-In Tariff (FIT) Program, a part of the new Green Energy and Green Economy Act.