Atlantic Wind & Solar receives Notice to Proceed (NTP) from Ontario Power Authority on 3 utility scale rooftop projects

Jun 18, 2021 ·   Company News

April 19, 2013

Toronto, Canada, Atlantic Wind & Solar (OTC: AWSL) and its wholly owned Ontario subsidiary, Atlantic Solar Inc., is pleased to report they have received Notice To Proceed (NTP) letters on 3 utility scale rooftop projects.

Located in the Greater Toronto Area, the 3 projects have a name plate capacity of 600 KW AC and will be constructed for total costs of approximately $3,000,000.

The projects are expected to generate 12.3 million kilowatt hours of clean electricity over the next 20 years. The energy produced will be sold to the Ontario Power Authority under the province’s Feed-In-Tariff at a rates of $.635/kWh for one project and $0.713/kWh for the other two.

The approval follows the successful completion of all technical connection studies and reports required by the local distribution company as well as the Domestic Content Plan plus proof of financing as required by the OPA.

Construction is expected to commence shortly.

Looking Ahead
Additional NTP’S are expected over the coming weeks. Management looks forward to announcing updates on construction and on the development of our renewable energy pipeline in Ontario and abroad.

Keep current with our progress by joining our mailing list. Visit the company’s web site, at: www.AtlanticWindandSolar.com

SOURCE Atlantic Wind & Solar Inc.

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.



Categories

Company News
Renewable Energy News
Stock News

Recent posts:

Nov 04, 2021
Company News
Atlantic Power and Infrastructure (API) Contributes to the Reduction of Carbon Emissions, a Critical Issue Being Discussed at the UN Climate Change Conference UK 2021
API technologies contribute to the reduction of Green House Gas Emissions through its utilizing of scrap tires in the manufacture of API's proprietary technologies, further benefiting the environment through the reduction of CO2.

Nov 04, 2021
Company News
Atlantic Power and Infrastructure (API) Invited to the UN Climate Change Conference UK (COP 26 Summit) in Glasgow, Scotland
World leaders concerned about Climate Change will have the opportunity to learn about the environmentally beneficial proprietary technologies offered by API

Nov 01, 2021
Company News
Atlantic Power and Infrastructure Appoints Thomas F. Alfredo to the Board of Directors
Highly respected entrepreneur and recognized leader in many charitable organizations, Mr. Alfredo brings further momentum to the substantial growth and recognition of Atlantic P&I

Sep 08, 2021
Company News
Sacramento CA's College of Continuing Education invites API’s Chairman/CEO to speak in a 2021 California Tire Recycling Workshop Series

Aug 17, 2021
Company News
Atlantic Power and Infrastructure acquires controlling interest in K.B. Industries UK Ltd
K.B. Industries UK Ltd, sellers and installers of KBI’s Flexi®-Pave since 2010 agrees to join the ever-expanding API portfolio of rapidly expanding international entities.

 

(OTC: AWSL)
4600 140th Ave N Ste 200, Clearwater, FL 33762
Tel: +1 (727) 723-3300 

Powered by: