Day4 Energy sells 23,000 modules in Ontario
Thursday, January 7th, 2010Having been battered by the economic downturn, Burnaby, B.C.-based solar manufacturer Day4 Energy is on the upswing again. Today it announced it has sold 5.1 megawatts of its modules to Ontario’s Hybridyne Power Systems Canada, which designs and constructs utility-scale solar parks and is 47.5 per cent owned by Atlantic Wind and Solar Inc.
Atlantic and Hybridyne plan to use the panels for a 2 MW energy park in Newmarket Newcastle, about an hour east of Toronto, and Atlantic will use the rest for a variety of rooftop solar installations, part of its plan to take advantage of Ontario’s new feed-in tariff program. Hybridyne makes its own inverters in Ontario, so the projects are expected to qualify under the province’s local content rules. That said, the combo of Hybridyne and Day4 makes this an all-Canadian solar partnership, which is good to see.
Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.
