SunEdison, GE Capital Real Estate commission first Ontario Solar PV rooftop systems

  • A previous SunEdison solar installation.
    A previous SunEdison solar installation.

Financials

  • WFR
    NYSE
    7.45
    +0.24 (3.33%)
    4:01PM EDT
  • GE
    NYSE
    23.53
    -0.13 (-0.55%)
    4:00PM EDT

GE Capital Real Estate and SunEdison flipped the switch on the first two of fifteen solar rooftop systems, which fall under the Ontario FiT program. The solar projects are part of GE Capital Real Estate’s environmental sustainability initiative with SunEdison agreeing to build and operate all fifteen of the PV systems.

"The adoption of solar energy in installations like this will help transform how we build and manage our cities, our businesses and even our homes," said York Region Chairman and CEO Bill Fisch. "It will add to major investments The Regional Municipality of York is making in public transit and transportation, community services and security and will help ensure our businesses and communities are competitive, prosperous and sustainable."

GE Capital will host the solar installations at its commercial buildings in the Toronto area, including Vaughan, Brampton, Burlington, Markham, Mississauga and London. The first two systems commissioned will produce over 3.2 million kWh of energy, with all fifteen projects accumulating to a 2.3MW capacity.

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 19th Edition

    For manufacturers who had their heads in the bunker during 2012, fighting falling ASPs and eroding margins, the nineteenth edition brings you details of what lies in store for this coming year. Wright Williams & Kelly return in this issue with their popular analysis of payback on technology buys; crucially they analyze n-type wafers, Al2O3 passivation and copper metallization. SERIS shows us how to achieve 18.7% efficiencies using low-cost etching techniques on diffused wafers. We also have two important technology roundups: CIGS from Helmholtz Berlin, and PV module encapsulation techniques from Fraunhofer ISE.

  • Manufacturing The Solar Future: The 2013 Production Annual

    In the ever-changing global solar markets, cost reduction and measures to increase cell efficiencies are the key tools available to PV manufacturers to create new opportunities and drive your business to the next level. Manufacturing the Solar Future 2013 is the third in the Photovoltaics International PV Production Annual series, delivering the next instalment of in-depth technical manufacturing information on PV production processes designed to help you gain the competitive edge.

Partners

Acknowledgements

Solar Media