 | ||
 | | |
 | ||
| | |
November 9, 2009 – Vol.14 No.34 Energy Conversion Devices (ECD) and MP2 Capital Collaborate to Develop 10MW of Solar Projects in Ontario, Canada. ECD and MP2 Capital will partner with Rumble Energy, an Ontario-based renewable energy developer, to install a series of rooftop solar projects throughout Ontario, Canada under the province's new feed-in-tariff program. By also partnering with other Ontario-based suppliers and contractors, the projects will meet the local content requirements set forth by the Ontario Power Authority. The companies expect to complete construction of approximately 10MW of projects by October 2010. ECD, through its wholly owned subsidiary, United Solar Ovonic, will provide UNI-SOLARĘ brand photovoltaic laminates for the projects. MP2 Capital will lead the financing and development efforts for the projects. Mark Morelli, ECD's president and CEO, said, "The Ontario Power Authority has demonstrated an impressive commitment to the promotion of renewable energy development and ECD intends to be a major player in the province in the years to come." Mark Lerdal, MP2 Capital's CEO, stated, "We are pleased to partner with ECD on this exciting development effort. The feed-in-tariff structure in Ontario promotes this distributed generation rooftop model, and UNI-SOLAR laminates are ideal for solar rooftop installations."
Energy Conversion Devices, of Rochester Hills, Michigan, manufactures, sells and installs thin-film PV solar laminates. Through its Solar Integrated Technologies business, the company also designs, manufactures and installs rooftop photovoltaic systems which enable customers to transform unused space on the rooftop into a value-generating asset. MP2 Capital, of San Francisco, California, develops, finances and invests in renewable energy projects worldwide. (11/9/09)
Links: Energy Conversion Devices MP2 Capital Rumble Energy
Related: --- Energy Conversion Devices to Supply PV Systems for 4.8-Megawatt Spanish Solar Project.
Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: Yes
| Front Page | Events | Archives / Resources | Publications | About / Contact | Subscriptions / RSS | Products / Services | Requests for Proposals / Funding Opportunities | Copyright 1996 - 2009 Green Energy News Inc | ||
| | |
