Recurrent Energy construing 7-MW solar project in Ontario

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    A 7 MW solar photovoltaic (PV) facility is being developed by Recurrent Energyin Ontario.

    Recently, Fengate Capital Management Limited announced the financial close of aninvestment in the Sunningdale Solar Project, located about 5 km northeast of the city of London in theMunicipality of Thames Centre in Middlesex County.

    The project has a 20-year power purchase agreementunder the Ontario Power Authority’s (OPA) Feed-in Tariff program. Upon commissioning, the facility will generate 12,213 MWh of clean solar power in the first year of operation, enough to support the annual needs of 1,200 Ontario homes.

    The solar project is expected to reach its commercialoperation date in May 2014.

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