Partnerships with Community Power Project Developers
Speaker: Jeff Dennis, President, COU Solar (One World Energy)
Part of the 2010 Community Power Finance Forum at MaRS:
http://www.marsdd.com/communitypower
9. Ontario FIT Program Domestic Content Percentages Minimum Ontario Content level for FIT Contracts for Projects greater than 10 kW: Operational in 2010 – 50% Ontario content* Operational in 2011 – 60% Ontario content* NOTE: Banks will lend only if fully satisfied that a project meets the Ontario content requirement * - Ontario content for projects less than or equal to 10 kW is 40% and 60% respectively
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12. Contact Information Jeff Dennis President & CEO COU Solar 191 The West Mall, Suite 1015 Toronto, ON M9C 5K8 T: 416-622-7007 M: 416-540-2596 [email_address]
Editor's Notes
Thank you Oneworld Energy Inc., a Toronto based diversified renewable energy company
Diversified: Energy resource – wind and solar Geographically – Germany, Spain, Italy, Denmark, Canada and the US Development and Operation and Maintenance
Growth track record: 2007 $5 million 2008 $10 million 2009 $25 million 2010 $70 million
Team has 20 years experience developing solar projects in Europe Operations in both Europe and North America Focus is developing turnkey projects for passive investors Strategic relationships with financial, construction and component manufacturers around the world
Ontario challenges Domestic content Financing – construction, long term debt and equity
Ontario challenges Domestic content Financing – construction, long term debt and equity
Ontario challenges Domestic content Financing – construction, long term debt and equity