05.02
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Opportunities for Land/Building Owners and Investors |
| The advent of Ontario's Feed In Tariff Program provides a significant income opportunity for owners of vacant land or large rooftops. Under this program, the Ontario Power Authority will buy Renewable Energy at a premium price . | |
For example, a 50-acre plot of land, with a mixture of wind turbines and solar PV panels installed could yield in excess of $10 Million per year. This is a "cash crop" which can utilize marginal land with no environmental degradation. Because HPG uses high-efficiency turbines and solar panels, married to Hybridyne Power Electronics 'best in class' Conversion/Inversion technology, efficient generation is possible in areas deemed 'marginal' by the installers of older technology turbines. | |
Rooftops in Ontario have become 'fertile ground' for the conversion of sunshine into cash - turning a liability into a significant asset by using the high rates which the Ontario Power Authority is willing to pay for Renewable Energy. A typical rooftop with a 250 kiloWatt HPG solar array will earn the owner of that array in excess of $300,000 per year. Please see this document for a description of the steps involved in having a Mini Energy Park constructed on your roof. You will notice that the process is more involved that you may have been led to believe. There are companies running around Ontario advocating methods which we regard as 'quick and dirty' - those companies don't believe ( as we do ) that any structure on your roof should be built under solid engineering principles. We believe in those principles for two reasons :
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| Rooftop owners who do not want to also own the generating facility, but who do want to earn money for their otherwise unproductive rooftop real estate, can lease the rooftop space - a typical rooftop with a 250 kiloWatt HPG solar array can earn the building owner up to $175,000 as an up-front lease payment. | |
Several of HPG's Energy Park© customers are choosing to fund the projects by the incorporation of a 'funding consortium'. This private corporation raises the capital required by offering "Investment Units", each of which carries a very significant Capital Cost Allowance. Please contact us so we can explain the very advantageous financial position available to investors. | |