Ministry Of Energy, Samsung Issue Statement Regarding Potential Agreement On RE Facility

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Ontario's Ministry of Energy and Infrastructure, and Samsung C&T Corp. have issued a statement concerning the establishment of a renewable energy business in Ontario.

Samsung and the government of Ontario have confirmed that they are working toward a framework agreement. According to the statement, Samsung is proposing to establish a new renewable energy business in Ontario, where the feed-in tariff was recently launched as part of the Green Energy Act.

According to a report in the Toronto Star, the Ontario government is in advanced negotiations with Samsung regarding setting up wind turbines and other green manufacturing operations in the province.

SOURCES: Ministry of Energy and Infrastructure

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