OTTAWA (Reuters) - Spanish solar equipment maker Siliken S.A. said on Friday it will open a manufacturing plant in Windsor, Ontario, to capitalize on an Ontario provincial government program that pays high rates for green energy but requires local content in installations.
The plant, which will manufacture up to 50 megawatts of solar modules annually and employ about 175 people, is expected to be in full production by the second quarter of 2011.
Ontario last year unveiled a green energy feed-in tariff (FIT) plan that offers rich incentives to renewable energy developers producing clean energy in the province.
A key plank in the program, which aims to create jobs and help eliminate coal-fired generators, is a “made-in-Ontario” quota. It requires up to 50 percent of all green energy project inputs be manufactured in the province.
“Attracting investment like Siliken’s manufacturing plant is precisely what the ... government set out to do through the Green Energy Act and FIT program,” Ontario Minister of Energy Brad Duguid said.
A number of big-name companies that produce wind turbines and solar equipment have announced they will open plants in Ontario, including Germany’s Siemens AG and South Korea’s Samsung C&T.
Siliken also manufactures solar equipment in Spain and San Diego, California.
Reporting by Susan Taylor; editing by Peter Galloway