Photowatt Ontario has entered an agreement, which will see it supply 24MW of its solar PV modules to a global supplier of solar power serving the Ontario solar market. Photowatt Ontario did not disclose the name of its customer, or the financial details of the supply deal, but did advise that the supply agreement is a two-year commitment between the two companies.
As part of the contract, Photowatt Ontario will manufacture and deliver 24MW of its PV modules to its customer and hold the potential to provide an additional 24MW. The modules will be marketed under the customer’s brand name and meet all requirements of the Ontario FiT and Micro FiT program.
“We are happy to be working with a proven international renewable energy supplier and help fulfill their significant distribution and development activity in Ontario,” said Chris Waters, vice president and general manager of Photowatt Ontario. “Our ready capacity, ability to ramp capacity quickly, well established local presence backed by international experience and product quality are a good match with the customer's needs, and will enable the customer to meet market demand on a very timely basis.”