Atlantic Wind & Solar Inc. (OTC: AWSL) announced April 21 the receipt of a Notice To Proceed (NTP) on a utility-scale solar power plant in Ontario, Canada.
The notice was from the Ontario Power Authority (OPA) and marks the point at which construction can begin. This is a major milestone as it confirms that the local grid studies have been completed and accepted and that the grid is capable of accepting this power, the company noted. This is also the point at which many projects in Ontario have failed and were abandoned despite having OPA power purchase agreements in place. Construction has commenced on the estimated 60-day project.
The project is located in the Greater Toronto Area (GTA) of Ontario. It is sized at 240 kW (ac) and will supply power to the grid over a 20-year period. The plant was developed by its Canadian subsidiary Atlantic Solar Inc.
Atlantic is a developer of utility scale renewable energy plants with over 650 MW of projects at various stages of development in Canada, South America and the Caribbean.