Earlier today, Siemens announced it will be opening Ontario’s first wind turbine blade manufacturing facility. The deal with Samsung C&T and Pattern Energy includes 600MW of Siemens turbines for Ontario’s renewable energy market.
Siemens management credit Ontario’s new Feed-in tariff (FIT) with the decision to open the new plant. The FIT guarantees the price paid for different types of renewable power, including wind power.
This announcement is part of the $7 Billion dollar deal with a consortium of Korean companies, including Samsung C&T, that was finalized in January 2010 to anchor Ontario’s renewable energy manufacturing sector and create 1,400 manufacturing jobs while opening at least four manufacturing facilities for wind and solar power.
While it is not yet clear where the facility will be located, all eyes will be focused on Burlington and Hamilton where Siemens owns or has owned plants.
skip to main |
skip to sidebar
Posts
