Photon Energy Investments, a subsidiary of Photon Energy Group is expanding its PV project development business into the US and Canadian markets in 2013.
The project developer expects to develop at least 100MW of projects this year with initial projects said to be built in Ontario and New Jersey. Jacob Securities is providing the project financing and deal sourcing, according to the company.
Photon Energy Investments expects to build a range of projects that include grid connected and off-grid systems as well as solar hybrid systems.
Photon Energy NV is not affiliated with the similarly named company Photon Europe GmbH, which is currently operating under administration.