July 21, 2015 - Toronto, Canada - Atlantic Wind & Solar, Inc. (OTC: AWSL) is pleased to announce the addition of another utility scale solar plant in Ontario Canada now powering the grid.
With the formal receipt of a notice of Commercial Operation (COD) from the Independent Electricity System Operator (IESO) this marks the final step in the construction and connection of this solar plant.
The solar power plant was developed by its Canadian subsidiary Atlantic Solar Inc.
The photovoltaic plant consists of a 220 KW AC / 260.865 KW DC fixed array of 1,023 multi-crystalline modules at 255W each. The power will be sold to IESO at a rate of 71.3 cents per Kwh for 20 years.
Atlantic Solar (Canada)
Atlantic Solar has continued to develop a number of projects in Ontario, Canada connected to the grid and now supplying power to Ontario. As part of a solar development contract this project was purchased and is now owned and operated by an Ontario municipality. Atlantic Solar continues to develop projects to be held within the previously announced Power 1 yieldco and/or sold to other asset funds and managers.
Interested in investing in solar? Contact us today to learn how you can enjoy the financial benefits of participating in power plants designed to last 20 years.
About Atlantic Wind and Solar Inc:
Atlantic is a developer of utility scale renewable energy plants with over 650 MW's of projects at various stages of development in Canada, South America, Asia, and the Caribbean.
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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