In 2010, following the launch of Ontario’s Green Energy Act the previous year, Samsung revealed a blockbuster deal with the provincial government to build 2.5GW of wind and solar capacity in the province – as well as four manufacturing sites to comply with Ontario’s erstwhile domestic-content rules.
In exchange, Ontario pledged to spend C$9.7bn ($9.35bn) buying electricity from Samsung’s projects at generously subsidised rates.
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