Written by; Chad Simco / TCCN Staff Writer
Added on: Sat Dec 04 2010
The city of Windsor, Ontario received great news from the Provincial Government of Ontario; up to 700 new jobs will be created as the McGuinty Government will partner with Korean technology giant Sumsung to build a new Wind Tower Plant in the city.
A $7 billion (CAD) investment by Samsung and its partners in Ontario, the Windsor "green energy" wind tower plant promises 300 new full time jobs, and an estimated 400 construction and indirect service jobs to the city of Windsor and southern regions of Ontario.
The power plant will be constructed and operated by a new Ontario based subsidiary of CS Wind.
Additionally, Samsung, it's parterns and the province state that they intend to use 100% Ontario steel to build all of the towers, at an estimated 200,000 metric tonnes and a projected value of $140 million (CAD), this is another positive for the regions economy.
Local families will also benefit as the plan will also introduce an Ontario Clean Energy Benefit that will take 10% off electricity bills every single month.
The main goal of the project is to reduce Ontario's dependency on filthy, smog-producing coal and on to a cleaner alternative and green energy sources like solar, wind, and bio-energy. And in the process the Windsor economy will see a boost.
It is anticipated project will be completed and in full operation by October 2011 and further plans will churn out 200-300 turbine towers per year.
Copyright: 2010 TCCN.ca