Launch of Micro-fit Solar Energy Investment
GREAT LAKES ENERGY,ESEI SOLAR INC. AND SOLAR INCOME FUND PARTNER TO BUILD AND FINANCE 370 kW OF MICRO-FIT SOLAR ENERGY PROJECTS -Supporting the continued growth of the province's solar energy industry-
May 4, 2011: Markham, ON - Solar Income Fund, ESEI Solar and Great Lakes Energy are pleased to announce the launch of their first joint venture in Ontario, which will support the continued growth of the province's solar industry. Solar Income Fund has entered into an agreement to finance 370 kW of solar PV projects in Ontario and will act as the portfolio owner and manager. Engineering and construction firm ESEI Solar, together with racking manufacturer Great Lakes Energy, will build and maintain the solar systems.
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"We are expanding our portfolio of solar energy projects to include Micro-fit groundmounts as we continue to develop our commercial rooftop and large groundmount assets," says Paul Ghezzi, President of Solar Income Fund. The 37 mircoFIT projects are located throughout Fort Erie and Essex County. "We are thrilled to be working with these industry leaders, at a time when other countries are limiting the growth of their renewable energy sectors, while we are powering ahead,"
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