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Carmanah awarded $1.5 million solar PV contract by Town of Markham |
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British Columbia's Carmanah
Technologies Corp. has been awarded a $1.5 million (CAD) contract by
the Town of Markham, Ontario to supply, install, and commission a 250 kW
solar photovoltaic grid-tie system.
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The system will be installed on the Town’s newly re-located Emergency
Operation Centre.
The project is being
funded by a combination of Markham’s own capital budget money and
infrastructure stimulus funds provided through a funding partnership
with the governments of Canada and Ontario. Once operational, the new
solar photovoltaic grid-tie system will generate revenue through the
contracted sale of energy from the Ontario Power Authority (OPA) under
the Feed-In-Tariff (FIT) program at a rate of $0.713/kWh.
From
the annual revenue received by the system under the OPA FIT contract,
Markham will pay down its capital budget investment portion within the
first five years of operation, the remaining 15 years of the contract
revenues are proposed to be reinvested in future Markham energy
projects. In concert with the revenue generation, the new system will
also support Markham’s long-standing commitment to renewable energies
and sustainable technology.
In selecting a solar
grid-tie provider for the project, Carmanah Technologies was chosen over
four competing candidates. Markham’s Manager of Climate Change and
Energy and bid evaluation team member, Graham Seaman, comments that the
decision to choose Carmanah Technologies was based on the company’s
experience and success in similar commercial rooftop solar grid-tie
system installations.
“Carmanah earned their selection by
scoring more points than its competitors making it the highest ranked
proponent. Based on their past experience in similar projects and by
having a more qualified design and project management team than the
other bidders, the choice was clear,” said Seaman.
Markham
believes that implementing a large-scale solar project such as this will
help to demonstrate its leadership in renewable energy generation and
serve to increase its profile in the renewable energies field. Markham
is already home to the head offices for high-tech giants Avaya, IBM,
Motorola, Toshiba, Lucent, Sun Microsystems, Apple and AMEX.
Carmanah CEO Ted Lattimore says that the Company’s
established credibility in the Canadian solar grid-tie market has marked
Carmanah as a prime contender for Ontario FIT project inclusion. “The
new OPA FIT program presents a great opportunity for renewable energy
companies. Carmanah’s long-standing history of successful solar
installations across Canada and full-service design-build capabilities
position us well to support FIT projects of any scale. With more than 50
completed grid-tied solar projects across Canada, Carmanah has been at
the forefront of the domestic industry for nearly 10 years.” Recommended for you
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carmanah.com
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