Scott Stinson, National Post
TORONTO — One of the country’s largest solar energy firms has served the Ontario government with a legal notice that seeks to reverse changes to one of the key elements of its signature Green Energy Act, the National Post has learned, arguing that the revisions have wiped out years of work and cost SkyPower Ltd. millions of dollars.
The move signifies growing problems between the McGuinty Liberals and its allies in the renewable energy sector, who jumped into business at the prospect of massive subsidies and found out in the spring that the rules had changed.
SkyPower has also served notice that it intends to seek damages in excess of $100-million.
The application filed in Ontario Superior Court asserts that the Ontario Power Authority “has a legal duty to process in good faith” applications that were submitted to the feed-in-tariff (FIT) program prior to April 5 under the old rules. Read article