acquired Solar Power Partners, and by extension, the JCM portfolio.
Subject: NextEra Energy buys Ontario solar projects from First Solar -
POWERGRID International/Electric Light & Power
NextEra Energy buys Ontario solar projects from First Solar
Juno Beach, Fla., March 12, 2012 - NextEra Energy Resources purchased two
solar photovoltaic projects totaling 40 MW in Ontario, Canada from First
Solar.
The projects, located in St. Clair, were designed, developed and constructed
by First Solar, using its advanced thin film PV modules, and began
commercial operation in February, 2012.
The two projects are owned and operated by subsidiaries of NextEra Energy
Resources' Canadian unit, NextEra Energy Canada, ULC, and provide enough
power to serve about 6,440 homes.
Each year the solar generation is expected to help avoid nearly 45,000 tons
of carbon dioxide, which is the equivalent of removing nearly 8,600 cars
from the road every year for the life of the projects. The power is being
sold to the Ontario Power Authority via long-term contracts under its
Renewable Energy Standard Offer Program.
Source: POWERGRID Inte
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