The Community Power Fund, based in Toronto, has launched a new $3 million fund to support community-owned renewable energy projects in Ontario. Eligible renewable energy projects will include wind, solar photovoltaic, solar thermal, microhydro, geothermal and biogas technologies. Corporations, farmers, community groups and First Nations tribal entities are eligible to apply.
The fund will operate two grant programs: the Small Grant Program for feasibility studies and strategic opportunity exploration, which will provide up to $25,000 in funding, and the Large Grant Program to support project development, with the possibility of up to $300,000 in funding.
‘I am delighted that there is now a financial mechanism to support the start-up and development of community-based renewable energy projects,’ says Deborah Doncaster, executive director of the Community Power Fund. ‘We look forward to receiving some robust proposals.’
For more details on the new fund, go to www.cpfund.ca.