Atlantic Wind and Solar Inc. has started construction on its portfolio of 12 rooftop solar photovoltaic assets in Ontario, Canada. The company expects to complete construction on the projects this year.
The projects involve 12 commercial buildings in Mississauga and Brampton representing a total of 1.9 MW. Capital costs on the projects are approximately CAD $9.5 million.
The projects are expected to generate 39.1 MWh 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 rates of $.635/kWh for two of the projects (250 kW) and $0.713/kWh for the remaining 10.