News
Solar companies form joint venture

SkyPower Limited and Conergy, Inc. have formed a landmark international joint venture. The two companies plan to lease space from—or partner with—real estate companies, big box retailers, property owners and governments to design, finance, build, own and operate rooftop solar systems

“The intention of this partnership is to bring the best technical solutions possible to building owners so they can enjoy the benefits of clean, renewable energy with confidence,” said Conergy Canada's Managing Director Jared Donald. “We are bringing a track record of experience and quality engineering to Canada's burgeoning marketplace to optimize Ontario's investment in this important energy realm—and to help the government meet its target of 100,000 solar rooftops across the province.”

The joint venture aims to save building owners time, effort and money by procuring solar (PV) panels compliant with the new domestic content requirements set out by Ontario's Feed-in Tariff (FIT). The Conergy-SkyPower team says they are currently in active negotiations with many of the world's leading manufacturers of solar panels to make this happen.

“It is reassuring to see companies such as SkyPower and Conergy working with the Green Energy Act and the FIT program to continue developing renewable energy projects across the province,” said Dave Levac, parliamentary assistant to the Minister of Energy. “Working together, we will achieve our objectives to build a cleaner and brighter future for Ontario.”

May 21, 2010  By Newswire