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  • OSEA: Canadian Tire store in Ontario is the First to Install an Electric Vehicle Charging Station
    now have access to electric vehicle charging at a retail store location Graham Keene s Canadian Tire has just installed the first of several charging stations at Canadian Tire stores in Niagara catering to retail auto service customers and travelers Canadian Tires stores are found within 90 of the Canadian population making for very convenient stops for people to charge up their electric vehicles while shopping or traveling the area EV charging is being offered as novel amenity for customers much like Free Wi Fi or block heater plugins more commonly seen in northern regions Charging is completely FREE for electric vehicle owners visiting our store says Graham Keene of Canadian Tire on Welland Ave St Catharines We expect most people will stay and shop a little longer while they charge up Sun Country Highway is pleased to partner with Keene s Canadian Tire store and FRESCO Ltd on the installation side for Niagara EV station installs energy efficient lighting and solar installations to support a more environmental social and economically sustainable tomorrow This initiative showcases the next step for Niagara Area Canadian Tire stores committing to our environment eco tourism and emission free travel Combined with Keene s on

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  • OSEA: The Decision-Maker's Guide to Long-term Financing
    clear understanding of the gaps that exist in your operation and business plan and how to mitigate them It may be beneficial to your fundraising efforts to perform a due diligence investigation on your own company or project before approaching financiers Offer full disclosure of the gaps you uncovered and have a frank Q A with your financier about them and how to mitigate them Most transactions are ultimately decided by the perceived quality of the management team and the trust the financier has in you and your team Your forthright approach and willingness to hear their suggestions and take steps to implement them will serve you well 3 Have a clear understanding of your ask What would you like to receive from financiers Communicate this ask early on in your conversation with or presentation to a financier Often times entrepreneurs and businesspeople prepare presentations outlining who they are what their technology is about their company s strengths market potential etc before unveiling what they actually want from a financier Financiers however will be able to listen much more constructively if they know early on what is being asked of them For standard due diligence checklists by type of transaction equity project debt corporate debt and more information on how to win over financiers and negotiate the financing terms you want see The Decision Maker s Guide to Long Term Financing available here See what some experts are saying about the book Kathrin Ohle has masterfully distilled the complex art of long term financing into a practical hands on guide for business owners and managers Keep it on your desktop it s a must have for any serious entrepreneur Steve Parry Managing Director NGEN Partners Board Chair and Founding Investor Grenville Strategic Royalty Corp Too often books on finance are

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  • OSEA: Ontario '10 years behind' in First Nations consultation process
    process Horizon Wind expresses frustration over lack of clear rules of engagement CBC News Posted Jul 30 2014 10 59 AM ET Last Updated Jul 30 2014 10 59 AM ET The Norwester Mountains in Thunder Bay Ont are the site of a proposed wind farm project by Horizon Wind Horizon Wind is taking the province to task over its framework for consultation with Aboriginal communities Horizon s vice president of development said other provinces make the consultation process easier and faster We ve done business in other provinces and Ontario in our experience is basically a decade behind in the other provinces and really needs to catch up Nhung Nguyen told CBC News As an example Nguyen said the Saskatchewan government will make a decision in 30 to 90 days on whether First Nations have been properly consulted So far it s taken Ontario three years to do the same thing she said Everybody s frustrated Nguyen noted that in Quebec the government takes the lead in consultation while in Ontario it s up to the companies What we re lacking in Ontario is a clear rules of engagement with processes timelines and expectations for all sides she said She pointed to Cliffs stopping work in the Ring of Fire as another example of the consequences of the issue Everybody s frustrated The chief of Fort William First Nation could not be reached for comment on this story The First Nation s application for an injunction against Horizon s Big Thunder Wind Farm was recently dismissed The First Nation maintained the crown and Horizon failed to adequately consult affected First Nations and didn t sufficiently respond to concerns that were raised The judge dismissed the injunction application on the basis it was premature Horizon is also dealing with news

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  • OSEA: ETHOSOLAR COMPLETES THE FIRST OF 33 SOLAR PROJECTS WITH SIMCOE COUNTY COMMUNITY ENERGY CO-OP
    Heron Stables in Minesing Ontario This photovoltaic PV solar system involved the installation of 100 kW AC of solar panels on two buildings through the Ontario Feed In Tariff FIT Program Farmers business owners and church groups alike are quickly realizing the benefits to participating in the Province s incentive programs An increasing number of residents throughout Simcoe County and beyond are opting to go solar The Blue Heron Stables Solar Project is part of a portfolio of 33 FIT contracts with Simcoe County Community Energy Co operative SCCEC The co op was developed with the intent to promote environmental awareness while also creating solid investment opportunities within clean energy SCCEC enables members and communities to generate revenues that are designed to remain local and improve the overall wealth of the municipality EthoSolar is working with SCCEC to complete several projects within Simcoe County and throughout other regions of Ontario We are thrilled to see this first project with Simcoe County Community Energy Co op come together quickly while serving another satisfied customer shares Jeremy DeSota CEO of EthoSolar Inc Our experience with all facets of project development design and installation has contributed to our success in bringing the Blue Heron Stables Solar Project to realization Collaborating with world class partners has enabled EthoSolar to move swiftly and provide a top quality solution for yet another FIT installation The PV system included 475 Hanwha Poly Can Am 250 watt panels totaling 119 kW DC The design utilizes Fronius IG Plus inverters and an HB Solar Canada mounting system that required no roof penetrations Engineering services were provided by Steenhof Building Services Group and C C Tatham Associates EthoSolar is currently working with businesses farms and community organizations to apply for the next round of FIT Contracts for both roof and

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  • OSEA: EfstonSolar is helping FIT projects secure financing – including Co-ops
    projects secure financing including Co ops When it comes to securing financing for FIT 1 0 or 2 0 solar projects co operatives face unique challenges that differ from other FIT contract holders such as developers and corporations with similar projects Unlike corporations community based solar co ops members of such co ops typically put up 51 of their own money towards their projects and then require financing for the remaining 49 It s this community based equity structure that often causes complications among institutional lenders because it s considered to be a risky investment since the bank typically will want the majority of the equity holding This difficulty in securing debt and construction financing led to the demise of many co op based solar projects approved under the first version of the Ontario Power Authority s OPA Feed In Tariff Program FIT 1 0 Fast forward to today the application process for FIT 2 0 has already been completed and contracts have been awarded and applications for FIT 3 0 being awarded this year Many of these contracts are for solar co ops Some private lenders have recognising this as an opportunity to service this segment of the FIT contract holders They have created unique funds to specifically address the challenges of financing a co op community based project under the current OPA rules These private funds have very competitive rates and will negotiate the terms for construction equity as well as debit loans They are willing to be flexible and take the risk that banks wouldn t even look at and not at loan shark rates How do the coops find these private lenders To apply for financing through this unique fund co ops need to be approved for a FIT contract and must have already taken the

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  • OSEA: A New Look for a Growing Power in the Energy World – Leader Resources
    Resources Kincardine Ontario Leader Resources of Kincardine Ontario is launching a new look reflecting the Ontario company s expanding portfolio and markets The new logo website and social media presence coincide with the addition of solar energy and an expansion beyond the borders of Ontario We know the future relies on clean healthy renewable energy Leader Resources has a strong foundation in energy mostly in healthy and reliable wind energy and now we are expanding into solar says Leader Resources Executive Vice President Kathryn Freimanis This growth is reflected in our new brand and logo and our new tag line Growing Power for Generations to Come The new company colours include a spring like green reflecting new growth and healthy energy while the blue combines the values of clean air and corporate responsibility The tag line Growing Power for Generation to Come tells the story of a local company focusing on its core work in green and renewable energy which are intrinsic to the future health of our planet The staff complement at Leader resources is growing and work with contractors increasing We are simultaneously growing our business and healthier sources of energy for the benefit of our communities now and in the future We wanted our name and our new look to reflect that reality that commitment adds Freimanis who spearheaded the branding effort There are many ways communities can benefit from renewable energy projects Having renewable sources of power can make communities more independent in the long run municipalities and shareholders in local cooperatives can enjoy part ownership of the projects and earn revenue and farmers become more financially viable by simultaneously raising animals growing crops and generating a healthy energy supply Farmers really can feed cities and power them at the same time by hosting renewable energy

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  • OSEA: Carpenters Annual Apprentice Competition Comes to Toronto
    event to be held at Roundhouse Park will run from August 21 to 23 and offers a packed schedule The practical part of the exam in which the apprentices will be evaluated on their trade skills should also be the fun part and that will be open to the public photo of a contestant participating in the 2013 Competition image courtesy of National Apprenticeship Competition Comp The competition began in the early 90s as a way of showcasing the good training that the UBC one of North America s largest building trades unions provides its apprentices while unifying their Canadian members through friendly competition The primary goal of the competition however is to expose the public to the work that their members do and to get youth interested in pursuing a trade career The UBC does this by hosting their competitions in a different province each year at a great public venue photo of a contestant participating in the 2013 Competition image courtesy of National Apprenticeship Competiti Each Canadian province and territory sends four apprentices who are typically nearing the end of their training and on their way to becoming joureypeople to represent them at the competition Each apprentice is trained in one UBC trade carpentry drywall floor covering or millwright The apprentices are tested on their knowledge of the trade by taking a written test and a Transit Level and Layout Exam These parts of the competition although important for evaluating the participants will not be open to the public The practical component of the event will be open to the public from 8 AM to 4 PM on the 22nd A group of contestants from the 2013 competion in Newfoundland image courtesy of National Apprenticeship Competition The event is judged by a variety people in the trade industry

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  • OSEA: Senvion CEO North America Helmut Herold receives distinction of Quebec wind industry
    2014 Tuesday night Helmut Herold Senvion s CEO for North America was awarded Personality of the year by the Quebec wind industry The award gala and ceremony were part of the 4th Conference of the Quebec Wind Energy Industry in Gaspé Québec With the award the industry recognizes Mr Herold s achievements as CEO North America in the past five years His work was instrumental in establishing the head office of Senvion Canada Inc in Montréal which became the hub of the company s North American business A German native Mr Herold has been deeply involved in the Quebec wind energy sector and has led the company to the Top 2 of most important turbine manufacturers in Canada in 2013 Always eager to see local communities benefit he developed long term partnerships with a number of manufacturers of the Quebec supply chain Senvion Canada Inc currently counts about 250 employees and has opened additional offices in Toronto and Vancouver I am very honored to receive this distinction It is also a great acknowledgement of the company s work as a whole and the highly motivated team we have here in Quebec says Helmut Herold CEO North America Senvion Canada Inc I am very grateful for the trust our clients and business partners have put in me and in Senvion I am especially grateful to EDF EN Canada Innergex and our community partners They enabled the successes we had and I hope we can make the Quebec wind industry strive further in the next years With the installation of two MM92 type turbines in a special cold climate version at TechnoCentre s cold climate test site in Rivière au Renard Senvion started its Canadian operations in Québec s Gaspésie region 2009 Only two years later in 2011 Senvion began delivery of

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