Connect with us

Hi, what are you looking for?


Consumer Technology

Ontario Investing $100 Million Into Green Energy Projects

The Canadian province of Ontario will be investing $100 million into “green energy” projects, through its Green Investment Fund, as part of its push to slash greenhouse gas emissions by 37% by the year 2030, according to new reports.

Ontario wind turbine

This ~$100 million figure refers to two different investments — a $74 million investment through a new government program, intended to spur the adoption of energy efficiency measures by large industrial facilities; and a $25 million investment into a “Green Smart” energy efficiency program aimed at getting small and mid-sized businesses to slash the carbon emissions that they’re responsible for.

The new $74 million investment was announced by the province’s premier, Kathleen Wynne, while speaking recently at a facility of the Canadian solar energy technology firm Morgan Solar. During the speech, Wynne also confirmed the $25 million investment program, which is being pursued in partnership with the largest trade and industry association in Canada, Canadian Manufacturers and Exporters.

The new investments will allow the province to cut greenhouse gas emissions while also improving local business prosperity and job growth, according to Wynne.

“Through these two new programs, we will help reduce greenhouse gas emissions, while promoting the innovative and disruptive technologies that will improve productivity and secure our economic future,” she noted.

For some background here, the $325 million Ontario Green Investment Fund — where the new funding is originating — was launched back in November 2015, with the intent of supporting actions meant to address climate change while supporting the local economy as well. The government has already committed $20 million of this to an electric vehicle (EV) charging station buildout, and a further $100 million to the support of home energy efficiency retrofits.

Image via Shutterstock

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.


You May Also Like

Climate Change

Absurdly predictable. Absurdly well predicted. Absurdly impactful. Ignored by virtually everyone. Gray rhino. But climate change isn't a gray rhino risk anymore. 

Clean Power

As Sheikh Zaki Yamani, a former Saudi oil minister, once said, “The stone age came to an end not for a lack of stones,...


Canadian auto parts suppliers are putting their sustainability skills on display with the Project Arrow electric car featuring a 3D-printed chassis.

Clean Power

Canadian Vehicle Reveals With the recent winter megastorm that rolled in from the arctic, I’m sure many of us probably aren’t excited to think...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.