News
Canadian provincial government provides funding for community groups pursuing renewable energy
March 6, 2008 by Manure Manager
The provincial government of
Ontario, Canada, recently announced a new $3.0 million fund to help
support community-owned renewable energy projects in the province. The
fund is the first of its kind in Canada.
The provincial government of
Ontario, Canada, recently announced a new $3.0 million fund to help
support community-owned renewable energy projects in the province. The
fund is the first of its kind in Canada.
Eligible renewable energy projects include those involving bio-gas technologies, wind, solar photovoltaic and solar thermal, small scale hydro and geothermal. Incorporated groups, including farmers, First Nations and community groups, can apply. The
fund is operating two grant programs. The first is a Small Grant Program for feasibility studies and strategic opportunity exploration. Eligible applicants may receive up to $25,000 toward their projects. The second is a Large Grant Program to support project development, with the possibility of up to $300,000 in funding.
The intention of the fund is to attract additional capital in order to transition the fund into a long-term, sustainable financial organization that provides a combination of grants, loans and investment opportunities.
Visit: www.cpfund.ca
