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Enfinity Canada Makes Progress at 36 MW plant, Looks to Acquire Delayed Ontario Solar Rooftop Projects
OTTAWA, ON - (Jan. 26, 2011) - Enfinity, a leading international solar power project developer, begins the new year by announcing that construction is underway at its 36 megawatt (MW) Stardale installation in East Hawkesbury, ON. The company is also primed to announce additional projects later this month.
"It's a good start to the year", says Enfinity's managing director Chris Young, "But Ontario is still facing challenges when it comes to completing solar projects."
Young describes a scenario where global experience in financing and development can make the difference between a solar installation moving from the planning phase to actual construction.
He continues, "For many solar developers in Ontario, the problem is that once they have a project permitted, they often lack the technical expertise to effectively execute, and this limits the ability to finance a project and can delay its progress by months, if not years. Enfinity's international track record is proving to be very attractive to financing institutions in Ontario - we believe our approach and experienced team can bring many projects to fruition in a very short period of time. Accordingly, we are looking throughout our province and North America to acquire commercial solar projects from 500 kW to 25 MW and above."
Last Updated: Tuesday, February 01, 2011 at 11:28:46 AM
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