Developer to build subsidy-free solar projects in fossil fuel-dependent Canada

first_img FacebookTwitterLinkedInEmailPrint分享Renew Economy:German energy giant Innogy has finalised plans to build two solar farms in Canada that will be built without subsidies, highlighting once again the tremendous potential and growth of the global solar industry over the last few years.It was not that long ago that most every renewable energy project that reached active development and construction did so only with the support of government subsidies. Opponents of renewable energy technologies (and really, any technology that benefits from government subsidies) will often hold these subsidies up as proof that the technology cannot compete on its own – conveniently forgetting that their own preferred technology likely benefited from the same government support.Which makes the speed with which renewable energy technologies have progressed out of needing government subsidisation even more impressive. Clean energy technologies such as wind and solar are being built across the world without government subsidies, revealing a fast-tracked decline in technology costs and a need to stand apart from support in the face of intense opposition.This has been highlighted once again on Monday, this time in Canada, where Innogy, the renewable energy offshoot of utility giant RWE, announced that it had taken the Final Investment Decision (FID) to build two solar farms with a combined capacity of 57 MW (at peak).Innogy expects construction and commissioning to both be accomplished by year’s end and investment is expected to be in the mid-double-digit euro range, according to the company’s press release.The new Canadian solar projects – the 30 MW Hull and the 27 MW Vauxhall – were developed by local Solar Krafte Utilities, who transferred the project rights to Innogy in February, and will be built in Southern Alberta, close to the town of Vauxhall, with construction expected to begin in the second quarter.More: Now, even in Canada unsubsidised solar beats fossil fuels Developer to build subsidy-free solar projects in fossil fuel-dependent Canadalast_img read more