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$1.5 million awarded to Carmanah for grid-tie system in Markham


July 14, 2010
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Carmanah Technologies Corporation – a provider of renewable and energy-efficient technologies – was awarded a $1.5 million contract by the Town of Markham, Ont. to “supply, install, and commission a 250 kW solar photovoltaic grid-tie system,” says the release.
 

The project is being funded by a combination of Markham’s capital
budget money and infrastructure funds through the governments of Canada
and Ontario. The system will be installed at the town’s Emergency
Operation Centre and will generate revenue through the “contracted sale
of energy from the Ontario Power Authority under the Feed-In-Tariff
program at a rate of $0.713/kWh,” explains the release. The Town of
Markham is said to pay down its investment within the first five years
of operation and the remaining 15 years of the contract revenues will
be for future energy projects.

Of four competing candidates,
Carmanah was chosen “based on the company’s experience and success in
similar commercial rooftop solar grid-tie system installations,”
according to Graham Seaman, Markham’s manager of Climate Change and
Energy. “[They] earned their selection by scoring more points than its
competitors.”

CARMANAH