Feed-in tariffs Accelerating renewable energy project development ...
Feed-in tariffs Accelerating renewable energy project development ...
Feed-in tariffs Accelerating renewable energy project development ...
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Approval (REA)<br />
The REA <strong>in</strong>tegrates<br />
prov<strong>in</strong>cial review of the<br />
environmental issues<br />
and concerns that were<br />
previously addressed<br />
through the local land<br />
use plann<strong>in</strong>g process<br />
(e.g., zon<strong>in</strong>g or site<br />
plann<strong>in</strong>g), the environmental<br />
assessment<br />
process and the<br />
environmental approvals<br />
process (e.g.,<br />
Certificates of<br />
Approval, Permits to<br />
Take Water).<br />
Proceed request<br />
try of<br />
the<br />
Environment<br />
TBD<br />
v1.3.2_<br />
Article 2.4<br />
(b)<br />
requir<strong>in</strong>g a great<br />
deal of front-end<br />
preparation. A<br />
tremendous<br />
amount of work and<br />
consultation must<br />
take place before a<br />
FIT application can<br />
be completed. For<br />
more <strong>in</strong>formation<br />
on this process,<br />
please refer to the<br />
report (page 25):<br />
"Work<strong>in</strong>g with the<br />
M<strong>in</strong>istry of Environment"<br />
4<br />
Milestones<br />
Domestic<br />
Content<br />
Plan<br />
The FIT contract<br />
requires w<strong>in</strong>d <strong>project</strong>s<br />
greater than 10 kW and<br />
all solar <strong>project</strong>s to<br />
<strong>in</strong>clude a m<strong>in</strong>imum<br />
amount of goods and<br />
services that come from<br />
Ontario. The Domestic<br />
Content Plan outl<strong>in</strong>es<br />
how to meet the<br />
domestic content<br />
requirements.<br />
Before Notice<br />
to Proceed<br />
request<br />
OPA<br />
All costs <strong>in</strong>curred<br />
are the supplier's<br />
responsibility<br />
FIT contract<br />
v1.3.1_ Article<br />
2.4 (b)<br />
OPA's proposal to<br />
Proposal to Amend<br />
FIT Contract, Exhibit<br />
D, Domestic<br />
Content.<br />
http://fit.powerauth<br />
ority.on.ca/Page.as<br />
p?PageID=122&Cont<br />
entID=10598&SiteN<br />
odeID=1054&BL_Ex<br />
pandID=262<br />
5<br />
Milestones<br />
F<strong>in</strong>ancial<br />
Plan<br />
List all sources of<br />
equity or debt f<strong>in</strong>anc<strong>in</strong>g<br />
for the <strong>development</strong> of<br />
your <strong>project</strong>.<br />
Before Notice<br />
to Proceed<br />
request<br />
OPA<br />
All costs <strong>in</strong>curred<br />
are the supplier's<br />
responsibility<br />
FIT contract<br />
v1.3.2_<br />
Article 2.4<br />
(b)<br />
You must also<br />
<strong>in</strong>clude signed<br />
commitment letters<br />
from sources of<br />
f<strong>in</strong>anc<strong>in</strong>g collectively<br />
represent<strong>in</strong>g<br />
at least 50 % of<br />
your expected<br />
<strong>development</strong> costs.<br />
(FIT contract v1.3.2_<br />
Article 2.4 (b))<br />
6<br />
Contract<br />
Requirements<br />
Notice to<br />
Proceed<br />
(Prerequisites)<br />
Request a notice to<br />
proceed from the OPA<br />
once you have<br />
completed and obta<strong>in</strong>ed<br />
the required approvals<br />
and permits. Your<br />
Notice to Proceed<br />
request must <strong>in</strong>clude:<br />
1) a copy of your Impact<br />
Assessment(s) as<br />
applicable<br />
connection impact<br />
assessment<br />
system impact<br />
assessment<br />
customer impact<br />
assessment<br />
2) a copy of your<br />
<strong>renewable</strong> <strong>energy</strong><br />
approval (REA)<br />
No later than<br />
six months<br />
before the<br />
milestone date<br />
for commercial<br />
operation.<br />
Note: For<br />
capacityallocation<br />
exempt<br />
<strong>project</strong>s, a<br />
completed<br />
Notice to<br />
Proceed<br />
request must<br />
be provided no<br />
later than the<br />
milestone date<br />
for commercial<br />
operation.<br />
OPA<br />
All costs <strong>in</strong>curred are<br />
the supplier's responsibility<br />
FIT contract<br />
v1.3.2_<br />
Article 2.4<br />
(b)<br />
3) domestic content<br />
plan<br />
4) f<strong>in</strong>anc<strong>in</strong>g plan<br />
Notice to Proceed Issued (Beg<strong>in</strong> build<strong>in</strong>g your <strong>project</strong>)<br />
7<br />
Fees and<br />
Securities<br />
Second<br />
Completion<br />
and<br />
Performance<br />
Def<strong>in</strong>ed as the<br />
<strong>in</strong>cremental Notice to<br />
Proceed security.<br />
Due with<strong>in</strong> 30<br />
days of the<br />
Notice to<br />
Proceed be<strong>in</strong>g<br />
OPA<br />
$25/kW for solar PV<br />
$10/kW for all other<br />
<strong>project</strong>s<br />
$5/kW for community-<br />
FIT contract<br />
v1.3.2_<br />
Article 5<br />
FIT Rules
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