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Samsung Moves Forward in Ontario

By ReNew Canada 10:59AM February 17, 2010

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According to CNW, the Korean Consortium which signed a green energy investment agreement with the province of Ontario this January hasn’t wasted any time in getting started. Samsung has begun negotiations with several established wind and solar power manufacturers to expedite the development of a wind tower, solar inverter, solar module assembly and wind blade manufacturing facility.

Development of this new infrastructure could generate more than 16,000 jobs for both green-collar workers and consultants and architects—that’s according to the consortium’s estimates.

According to consortium estimates, the $7 billion investment in Ontario will result in the following employment opportunities:

  • 3,140 jobs including KC and its partners manufacturing and other related jobs as well as in engineering, operations, maintenance and other spin-off employment
  • 7,800 construction jobs
  • 5,660 spin-off jobs (for example: architects, software development, legal services, trucking, steel-making, facilities management, accounting and financial services)

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