Biogas plan for Canadian zoo receives feed-in tariff boost
A Canadian biogas producer can move forward with building a facility after receiving a feed-in tariff contract.
The Ontario Power Authority has issued the contract meaning ZooShare Biogas Co-Operative (ZBC) can push on its plans to build a 500kw biogas plant at Toronto Zoo next year.
ZBC is funding the project through the sale of bonds to Ontarians who want to aid the environment, support the zoo and potentially make a return on investment. The bonds reportedly pay 7% for seven years but interested parties must be a co-op member to be eligible.
The plant will produce renewable electricity from on-site food waste and animal manure.