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Hybridyne Power Systems Canada, Atlantic Wind & Solar's 47.5%-owned Canadian affiliate, will be installing a complete turnkey 2MW ground-mounted photovoltaic energy park with a projected capital expenditure of almost $16.8 million, on the outskirts of Newcastle, Ontario. The Newcastle project was one of the first PV development projects to be planned for Ontario, and has been in development by Hybridyne since January 2007.
The 10-acre solar Energy Park will benefit from Ontarian engineering and construction services and will include 8,900 Day4 Energy Canadian PV panels and eight of Hybridyne's HPE Hyper-Watt 250 XLS (Ontario) inverters. This array will efficiently capture and deliver enough clean energy to power more than 360 homes annually.
Construction of the power plant is expected in Q2 of 2010 and will be complete by the end of the same year.
