TORONTO, September 24, 2015 /PRNewswire/ --
Atlantic Wind & Solar, Inc. (OTC: AWSL), is pleased to announce it has received notice from Ontario's IESO (Independent Electricity System Operator) that its previously announced 500 KW Utility Scale (603.90 KW DC) solar power plant in Mississauga, ON, Canada is now in full operation, generating power to the grid, and producing revenues for its stakeholders.
The $3 million commercial rooftop installation, consisting of 1,980 panels, is expected to produce 12,600 megawatt hours of power over the next 20 years supplying Ontario with clean reliable energy. The power will be sold under the province's Feed-In-Tariff program.
The installation used 1,980 panels from Canadian Solar Inc. (CSIQ) rated at 305 watts. The inverter was from Advanced Energy (AEIS).
President and CEO Mr. John Wilkes commented, "Each project completion further confirms our ability to convert established relationships of like-minded people and organizations into positive revenue-oriented projects that benefit our shareholder base and the environment. We continue to ensure that our product offering is competitive and have aggressive expansion plans, including strategic acquisitions and Joint Ventures in areas that fit our business model."
For photos of the installation and previous release click here:
The solar power plant was developed by our Canadian subsidiary Atlantic Solar Inc.
About Atlantic Wind and Solar Inc:
Atlantic is a developer of utility scale renewable energy plants with over 1 GW of projects at various stages of development in Canada, South America, South Asia and the Caribbean.
To read the full report and/or sign up for news alerts and updates visit the company's web site at: http://www.AtlanticWindandSolar.com.
Disclaimer: Shareholders and investors are strongly cautioned against placing undue reliance on information set forth within this website and these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the Company's periodic reports filed with the OTCMarkets.com including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements. Nothing within this site is meant to be a solicitation to buy or sell our securities. Investing in over the counter (OTC) securities often carries a high degree of risk. Please contact your financial advisor before investing in our securities.
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