Reports related to this article:
Project(s): View 6 related projects in PECWeb
Plant(s): View 7 related plants in PECWeb
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Ontario's ambitious renewable energy goals are making the Canadian province a top destination for wind and solar power developers. Across all industries, Industrial Info is tracking $2 billion in active projects that are set to kick off in Ontario in fourth-quarter 2014, with wind and solar way ahead of the pack.
Click on the image at right for a graph detailing active projects scheduled to kick off in the fourth quarter of 2014 in Ontario by industry.
Earlier this year, with the closure of the Thunder Bay Generating Station, Ontario became the first province or state in North America to abandon coal entirely as an energy resource. Although the Bruce A Nuclear Station continues to generate the lion's share of the province's electricity, wind and solar account for more than 75% of the $2 billion in fourth-quarter kickoffs. For more information, see May 20, 2014, article - Ontario's Renewables Buildout Helps Province Transition to Coal-Free Future.
View Plant Profile - 1017414 2000506
Two of the largest projects are windfarms that are to be located in the southwestern area closest to the U.S.: Daniels Power Corporation's (Toronto, Ontario) $550 million Niagara Region Wind Project in Grimsby, and Northland Power Incorporated's (Toronto) $220 million Grand Bend Windfarm in Grand Bend. The Niagara Region Wind Project will use 77 Enercon E-101 wind turbine generators, each 3 megawatts (MW), for a total capacity of 230 MW, while the Grand Bend Windfarm will use 37 Siemens AG (NYSE:SI) (Munich, Germany) wind turbine generator sets, each 3 MW, for a total capacity of 110 MW.
View Project Report - 300061566 53002110
The leading solar power project set to kick off in the fourth quarter is Samsung C&T Corporation's (Seoul, South Korea) $300 million Sol-Luce Solar PV Power Plant in Kingston. The 100-MW station will be located on an 800-acre site and utilize photovoltaic (PV) panels from Canadian Solar Incorporated (NASDAQ:CSIQ) (Kitchener, Ontario).
View Project Report - 300081636
Hydropower also plays a role in Ontario's renewables development, although a much smaller one than wind and solar. One of the largest projects set to kick off in sparsely populated northern Ontario is Ontario Power Generation Incorporated's (Toronto) $30 million New Post Creek Hydro Power Station in Cochrane. The plant is expected to use two 12.5-MW hydro turbine generators to produce 25 MW for the grid.
View Project Report - 300131142
The Metals & Minerals Industry is a distant second to the Power Industry in TIV, with $132.6 million of its $173 million in fourth-quarter kickoffs attributed to Northern Graphite Corporation's (Ottawa) construction of a graphite mine and mill in Petawawa. The project involves constructing an open pit graphite mine and a 5,800-ton-per-day flotation mill to produce 42,700 tons per year of graphitic flakes. The company also plans to build a 5-MW, natural gas-fired power plant for the facility.
View Project Report - 300010295 300084579
All industries other than Power and Metals & Minerals account for just more than 13% of the $2 billion in TIV expected to kick off in Ontario in the fourth quarter.
More than 70% of the region's TIV--a little more than $1.4 billion--is related to 18 projects that are now in the engineering stages. The region also has 10 projects worth $515 million in the planning stages, where plenty of factors could increase, decrease or eliminate the expected spending, while 46 projects worth $74 million already have kicked off the first stage of construction and will kick off the second in the fourth quarter.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
Click on the image at right for a graph detailing active projects scheduled to kick off in the fourth quarter of 2014 in Ontario by industry.Earlier this year, with the closure of the Thunder Bay Generating Station, Ontario became the first province or state in North America to abandon coal entirely as an energy resource. Although the Bruce A Nuclear Station continues to generate the lion's share of the province's electricity, wind and solar account for more than 75% of the $2 billion in fourth-quarter kickoffs. For more information, see May 20, 2014, article - Ontario's Renewables Buildout Helps Province Transition to Coal-Free Future.
View Plant Profile - 1017414 2000506
Two of the largest projects are windfarms that are to be located in the southwestern area closest to the U.S.: Daniels Power Corporation's (Toronto, Ontario) $550 million Niagara Region Wind Project in Grimsby, and Northland Power Incorporated's (Toronto) $220 million Grand Bend Windfarm in Grand Bend. The Niagara Region Wind Project will use 77 Enercon E-101 wind turbine generators, each 3 megawatts (MW), for a total capacity of 230 MW, while the Grand Bend Windfarm will use 37 Siemens AG (NYSE:SI) (Munich, Germany) wind turbine generator sets, each 3 MW, for a total capacity of 110 MW.
View Project Report - 300061566 53002110
The leading solar power project set to kick off in the fourth quarter is Samsung C&T Corporation's (Seoul, South Korea) $300 million Sol-Luce Solar PV Power Plant in Kingston. The 100-MW station will be located on an 800-acre site and utilize photovoltaic (PV) panels from Canadian Solar Incorporated (NASDAQ:CSIQ) (Kitchener, Ontario).
View Project Report - 300081636
Hydropower also plays a role in Ontario's renewables development, although a much smaller one than wind and solar. One of the largest projects set to kick off in sparsely populated northern Ontario is Ontario Power Generation Incorporated's (Toronto) $30 million New Post Creek Hydro Power Station in Cochrane. The plant is expected to use two 12.5-MW hydro turbine generators to produce 25 MW for the grid.
View Project Report - 300131142
The Metals & Minerals Industry is a distant second to the Power Industry in TIV, with $132.6 million of its $173 million in fourth-quarter kickoffs attributed to Northern Graphite Corporation's (Ottawa) construction of a graphite mine and mill in Petawawa. The project involves constructing an open pit graphite mine and a 5,800-ton-per-day flotation mill to produce 42,700 tons per year of graphitic flakes. The company also plans to build a 5-MW, natural gas-fired power plant for the facility.
View Project Report - 300010295 300084579
All industries other than Power and Metals & Minerals account for just more than 13% of the $2 billion in TIV expected to kick off in Ontario in the fourth quarter.
More than 70% of the region's TIV--a little more than $1.4 billion--is related to 18 projects that are now in the engineering stages. The region also has 10 projects worth $515 million in the planning stages, where plenty of factors could increase, decrease or eliminate the expected spending, while 46 projects worth $74 million already have kicked off the first stage of construction and will kick off the second in the fourth quarter.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
