Ontario has chosen the companies that will build the next round of renewable energy projects in the province, in a competitive-bidding process that will see wind and solar power generated at much lower prices than in the past.
Eleven companies will be offered 16 contracts to build five new wind projects, seven solar projects and four hydroelectric projects, for a total of 455 megawatts of new power capacity, Ontario’s Independent Electricity System Operator (IESO) said Thursday.