Energy Conversion to co-develop solar project
Ontario launched North America's most comprehensive and generous set of feed-in tariffs in October, which guarantee sellers of electricity produced from the sun, wind, water and biomass fixed, above-market prices for 20 years.
Energy Conversion said Enfinity will lead the rooftop acquisition and will arrange construction debt and take-out equity financing for the projects.
The projects portfolio will be sold to the permanent equity owners on completion, the companies said in a joint statement.
Several firms have recently said they are considering production in the country, including South Korea's Samsung Group.
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While May saw an improvement in new unemployment claims over March and April, the findings represent the sector's third straight month of significant job losses across solar, wind, energy efficiency, clean vehicles and other industries. With coronavirus cases once again…
