Solar Research Park Slated for Toronto Waterfront

The University of Toronto (U of T), ARISE Technologies and The Portlands Energy Centre (PEC) have joined forces to create Canada’s largest solar research facility, which will be located on the PEC site on Toronto’s waterfront.

Under the agreement, PEC will provide land worth about $2.4 million. ARISE will design and install a power system using high efficiency photovoltaic (PV) cell technology developed by ARISE and U of T. The solar park will create between 500 kilowatts (kW) and 1 megawatt (MW), representing an investment between $5 to $8 million. U of T students and staff at ARISE will use the facility to conduct research on renewable energy systems and technologies. This will help develop the utilization of photovoltaics (PV) systems for commercial and utility scale systems. “We expect that the cells used in modules for this project will be produced by one of our partner companies. This project will provide an opportunity for our systems group to study and optimize implementation of large scale systems for deployment in Ontario,” said Ian MacLellan, President and CEO of ARISE. ARISE will issue a community-based share offering that will allow residents to participate in the project. Standard Offer Contract details with the Ontario Power Authority and government officials regarding permits have not been finalized. The project is expected to be installed in late 2008 or early 2009.
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