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Ameresco Secures $7.7 Million Solar Project Financing

Ameresco Secures $7.7 Million Solar Project Financing

Ameresco Canada Inc. announced today that it has finalized a $7.7 million senior secured credit facility for two of its Ontario based rooftop solar projects aggregating 2,069 kilowatts. The senior secured credit facility was arranged and structured through Travelers Capital Corporation,  a unit of Travelers Financial Corporation. The power generated from the projects will be sold [...]
$20 billion in renewable energy investments power Ontario Clean Technology Alliance at the Solar Power International tradeshow in Dallas, Texas

$20 billion in renewable energy investments power Ontario Clean Technology Alliance at the Solar Power International tradeshow in Dallas, Texas

Dallas, Texas (TechWire.ca) – October 18, 2011 – In the same month Forbes Magazine rated Canada as the world’s top country for business, executives from the Ontario Clean Technology Alliance are attending Solar Power International in Dallas to invite environmental technology companies from around the world to participate in the Province of Ontario’s clean technology revolution. [...]
Innergex Secures Stardale Solar Project Financing

Innergex Secures Stardale Solar Project Financing

Innergex Renewable Energy Inc. (TSX: INE) has secured $117.3 million in non-recourse project financing, including a $5.6 million facility for the issuance of a letter of credit, for its Stardale solar project located in East-Hawkesbury, Ontario, Canada. The Bank of Tokyo Mitsubishi UFJ, Ltd. acted as the Lead Arranger and Administrative Agent and the financing is expected to be [...]
QSolar Starts Shanghai Operations

QSolar Starts Shanghai Operations

QSolar Limited (CNSX: QSL) said it has started its own manufacturing and research and development operations in Shanghai, China. QSolar has leased facilities and hired a workforce to initially manufacture one pilot line with an annual production capacity of 15 megawatts (MW) of QSolar’s Kruciwatt product line. The near term objective for this manufacturing facility will be [...]
Qsolar Business Updates

Qsolar Business Updates

Qsolar Limited (CNSX: QSL) said the pilot solar installations of QSolar 230W frameless Spraytek panels in Verona, Italy and Valencia, Spain have been completed. and they will be used as demonstration models for customers Qsolar currently is in sales discussions with. QSolar also announced that Beijing Nandu Trade. Its Chinese distributor is currently evaluating the Spraytek panels [...]
Infinia Corporation Completes Convertible Debenture Financing

Infinia Corporation Completes Convertible Debenture Financing

Infinia Corporation has secured a US $31 million round of convertible debenture financing with nine investors. Infinia’s investors include Black Pearl Capital Limited, EQUUS Total Return, Inc., Foxconn Technology Group, GLG Partners, Inc., Idealab, Power Play Energy, LLC, Vulcan Capital, Wexford Capital LLC. Infinia has also issued unspecified amount of worth of its equity shares [...]
BrightRoof Solar Announces Over $50 Million FIT Applications

BrightRoof Solar Announces Over $50 Million FIT Applications

BrightRoof Solar LP said it has submitted more than 40 applications to the Ontario Power Authority for solar Feed-In Tariff (FIT) contracts. The projects will together create more than $50 million of equipment sales and installation work in Ontario, and will add more than 12 megawatts of clean electricity generating capacity to Ontario’s power grid. The project sites are located [...]
Photowatt Ontario Signs 24 MWs Supply Agreement

Photowatt Ontario Signs 24 MWs Supply Agreement

ATS Automation Tooling Systems Inc. (TSX: ATA) announced today that Photowatt Ontario Inc. has signed a supply agreement to supply Ontario made modules to the Canadian subsidiary of an unnamed global supplier of solar power serving the Ontario solar market. The supply agreement is a two-year commitment for the manufacture and delivery of approximately 24 MWs of modules with the [...]
Enbridge to Transfer 3 Renewable Energy Projects to Enbridge Income Fund for $1.3 Billion

Enbridge to Transfer 3 Renewable Energy Projects to Enbridge Income Fund for $1.3 Billion

Enbridge Income Fund Holdings Inc. (EIFH) (TSX: ENF) and Enbridge Income Fund (EIF) said it has received a proposal from Enbridge Inc. (TSX/NYSE:ENB) to transfer three renewable energy assets, Ontario Wind, Sarnia Solar and Talbot Wind energy projects, to the fund for an aggregate price of $1.3 billion, to be paid in part by the issuance of additional ordinary trust units of EIF [...]
SolarEdge Technologies Opens Newmarket Ontario PV Inverter Production Line

SolarEdge Technologies Opens Newmarket Ontario PV Inverter Production Line

SolarEdge Technologies, Inc., a provider of end-to-end distributed solar power harvesting and PV monitoring solutions, today officially announced the opening of a brand new production line for North America at the Flextronics factory in Newmarket, Ontario, Canada. The production launched earlier this month. The SolarEdge inverter includes PV power optimizers and module-level monitoring. [...]
Carmanah Technologies Announces US $190,000 Sale of EverGEN 1710 for Parking Lot Illumination

Carmanah Technologies Announces US $190,000 Sale of EverGEN 1710 for Parking Lot Illumination

Carmanah Technologies Corporation (TSX: CMH) today announced the sale of EverGEN 1710 solar powered lights for a federal government agency parking lot facility in a deal worth almost US $190,000. This installation was the first parking lot to be illuminated using solar powered lights by this particular government agency. The project used Advanced Occupancy Sensing (AOS),  Carmanah [...]
SunReports Partners with Latitude51

SunReports Partners with Latitude51

SunReports, Inc., a provider of performance monitoring solutions for residential and commercial solar thermal and PV installations, has entered into a distribution partnership with Latitude51 Solar, a provider of water heaters to the Canadian market. Specializing in high power evacuated tube collectors perfectly suited to the Canadian climate, Latitude51 will now offer SunReports’ [...]
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