Under an agreement with Remington, SunEdison will finance, build, own, operate, monitor and maintain photovoltaic solar energy systems hosted at Remington facilities, and the Ontario Power Authority (OPA) will purchase the energy produced under the terms of Ontario's Feed-in Tariff Program.
The 14 roof-top PV systems will all be located in the Greater Toronto Area, and will be launched using a phased rollout plan starting in the summer of this year. Over 20 years, the systems will generate sufficient energy to avoid the emission of over 42,000 tonnes of carbon dioxide into the atmosphere, says SunEdison.
Christopher Bratty, President of the Remington Group, said: ‘We chose SunEdison based on their track record of successful solar PV system installations. They have tailored a solar program for Remington that will drive revenue from rooftop space that would otherwise be unused. It's a win-win for everyone.’