AWSL solar parks receive gov approval

The Ontario Power Authority (OPA) has formally approved three of Atlantic Wind & Solar Inc.’s (AWSL) initial Capacity Allocation Exempt (CAE) Power Purchase Agreement (PPA) applications, allowing the advancement of its first Ontario-based, rooftop solar energy parks. These first three, fully processed, wholly owned, Feed In Tariff (FIT) contracts represent approximately USD 13 million in secured gross revenues for the Company and its financial partners. They are the first of approximately 150 large, utility scale, rooftop solar energy projects the Company has been working for the past two years. AWSL is currently in the process of completing final engineering and procurement for each of the projects and will announce construction commencement dates shortly. It is expected that all three projects will be completed in 2011.

 

Previous articleNGL link from Midcontinent to Texas Gulf Coast
Next articleLE expands POWER MIG® line
Stainless Steel World Americas Publisher
Stainless Steel World Americas is part of the KCI Group of Companies. We are a leading knowledge, communication and information company connecting business-to-business professionals by building and sustaining global communities, solving their information needs and helping them to develop their professional life and friendships.