Conergy has completed a 583 kW photovoltaic power plant on a commercial building in Prince Edward County, Ontario. The solar array consists of approximately 2,500 Conergy ON solar modules and is expected to produce more than 700 MWh of electricity for the commercial office and storage building annually.
Conergy served as engineering, procurement and construction (EPC) contractor for the project. The company says the installation represents part of its effort to enter the EPC services market in Canada to compete under Ontario's revised feed-in tariff (FIT) program for large-scale PV installations.
‘The new FIT3 rules and pricing are requiring companies in Ontario to find innovative ways to find cost efficiencies in order to effectively compete,’ says Anthony Fotopoulos, CEO for the Americas of the new Conergy holding company. ‘Ontario remains a very attractive market where Conergy expects continued growth despite the changes in Ontario's FIT rates.’
In August, Kawa Capital Management Inc. acquired the North American assets of Conergy AG.