Tuesday, November 29, 2011

Northland Power inks Master Module Supply Agreement to purchase Ontario-made solar PV panels from MEMC

Northland Power Inc. announced that it has signed a Master Module Supply Agreement with MEMC Singapore Pte. Ltd, an affiliate of MEMC Electronic Materials, Inc. to purchase solar PV modules that will be manufactured in Newmarket, Ontario for its 130 MW Ontario solar portfolio. The modules will be used as part of an approximately $600 million CAD investment by Northland to build ground-mounted solar projects in Ontario, representing one of the largest investments in Ontario's solar PV sector.

Earlier this year, MEMC began manufacturing solar PV panels in Ontario for SunEdison, its solar energy subsidiary, in order to help the company meet the 60% domestic content requirements of the Ontario FIT program. In July 2011, MEMC announced the expansion of production with its manufacturing partner, Flextronics.

Northland operates over 1,000 MW of diversified generation, and is actively developing renewable and thermal projects across Canada. Northland's operating thermal power assets include, among others, the 86 MW Spy Hill peaking facility in Saskatchewan as well as 260 MW North Battleford project which is currently under construction in Saskatchewan.


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