3G entered the renewable energy industry in 2001 with an agreement to sell 4 MW of wind power “behind-the meter” to DuPont at their lakefront site in Kingston, Ontario. The sale of the facility in 2004 to Koch Industries spelled the demise of that deal, as Koch Industries was an aggressive opponent of renewable energy. At the time the City of Kingston was in favour of this project.
Currently 3G is in discussion with a 20 MW industrial consumer, also a significant GHG emitter, in Ontario regarding a two-turbine 5 M wind farm project on their lands. The value proposition is a combination of reduced peak load charges, reduced GHG emission, as well as a fixed energy price for 20 years.