Construction is underway at Enfinity's 36-MW Stardale solar installation in East Hawkesbury, Ontario; company to announce additional projects later this month
January 26, 2011
– Enfinity, a leading international solar power project developer, begins the new year by announcing that construction is underway at its 36 megawatt (MW) Stardale installation in East Hawkesbury, ON. The company is also primed to announce additional projects later this month.
“It’s a good start to the year”, says Enfinity’s managing director Chris Young, “But Ontario is still facing challenges when it comes to completing solar projects.”
Young describes a scenario where global experience in financing and development can make the difference between a solar installation moving from the planning phase to actual construction.
He continues, “For many solar developers in Ontario, the problem is that once they have a project permitted, they often lack the technical expertise to effectively execute, and this limits the ability to finance a project and can delay its progress by months, if not years.
Enfinity’s international track record is proving to be very attractive to financing institutions in Ontario – we believe our approach and experienced team can bring many projects to fruition in a very short period of time. Accordingly, we are looking throughout our province and North America to acquire commercial solar projects from 500 kW to 25 MW and above. ”
Founded in 2005, Enfinity is now an established leader in the field of commercial solar photovoltaic (PV) energy, with operations in North America, Europe and Asia-Pacific. The company finances, develops and builds solar PV projects and also owns its own portfolio of renewable energy installations. Enfinity has been selected to build some of the largest renewable energy projects across the globe, with 200 MW installed and operational worldwide. Further information is available at www.enfinity.ca.