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Ninety companies have expressed an interest in producing renewable energy for Ontario totalling 4,400 megawatts — 15 times the amount asked for, Energy Minister Dwight Duncan said today.
"The response to this call has been no less than astounding," Duncan told the legislature.
"This strong interest shows that by encouraging renewable energy we are attracting new participants to the electricity-supply business who are innovative and environmentally conscious and can improve the quality of our air with greener sources of power," he said.
In April, for this first time in its history, the Ontario government put out a call for proposals for private companies to put in bids to produce up to 300 megawatts of renewable energy such as small hydro, wind, solar and bio-gas.