SunEdison completed its acquisition of two ground-mounted solar PV development project sites in Ontario from TransAlta, a Canadian generator and marketer of electricity and renewable power. The agreement will see SunEdison owning over 300 acres of land across two sites near Sandhurst, Ontario. One site will develop and construct a 10MW renewable energy standard offer program while the other will be kept for development of Ontario’s FIT program.
“We are excited to have purchased these solar photovoltaic development projects,” said Jason Gray, Canada Country Manager for SunEdison. “SunEdison has a successful record of utility-scale solar PV system installations. We have the proven ability to bring solar energy projects to fruition and to do so quickly, so that we can all enjoy a cleaner, greener Ontario.”
SunEdison will finance, build, own, operate, monitor and maintain the PV systems allowing the Ontario Power Authority to purchase the energy produced under the terms of Ontario’s RESOP and FIT programs. In addition, Hydro One, Greater Napanee officials and the local community will be partners in the construction of the RESOP project, which is scheduled to begin construction in 2011.