Turning Renewable Energy Projects into a Reality
Rooftop Solar Lease Program
Prompted by the generous Ontario Feed-in-Tariff program, the company entered into strategic relationships with leading Canadian commercial real estate developers and management companies in order to secure commercial rooftops to host large-scale solar energy parks.
Large commercial/industrial rooftops are secured through long-term lease agreements, in exchange for attractive lease payments to the building owners. The program also offers the opportunity for building owners to joint venture on individual projects.
The program has proven to be very effective. The company is currently working on over 100 large-scale commercial Rooftop Solar Energy Parks, with plans of installing over 30 megawatts of projects in 2012/2013.
The company’s ideal Rooftop Solar Energy Park consists of approx 50,000 s/f in size, and generates approx 250Kw of solar electricity.
While maintaining full and/or partial ownership in these Rooftop Solar Energy Parks, the company is guaranteed to secure 20-year Power Purchase Agreements (PPA) through the Ontario Power Authority (OPA), awarding 71.3 cents per kilowatt hour for clean energy generated. (securing a steady stream of revenue over the next 20 years.)
The location details pertaining to most of these advancing projects are confidential under the industry standard Non-Disclosure Agreements.
Rooftop Solar Sales & Installations
In addition to the company’s "Rooftop Solar Lease Program" the company offers complete turn-key Rooftop Solar Energy Systems to landlords who choose to own 100% of the project. These systems are completely designed and installed through Atlantic Wind & Solar's 100% owned Cdn. subsidiary Atlantic Solar Inc.
The below renderings depict a typical 500kW Rooftop Solar Energy Park, designed for a 86,000 sq. ft. industrial facility in Burlington, Ontario. Construction on this project is expected to commence in Spring 2013. |