Atlantic Completes Another Utility Scale Solar Project in Canada - Launches New YieldCo

The power will be sold under the province's Feed-In-Tariff program.

TORONTO, May 28, 2015 -- Atlantic Wind & Solar, Inc. (OTC: AWSL) is pleased to announce it has completed construction on a 160 KW utility scale solar project in Canada and announces the launch of a newly formed Yieldco.


The $1.0 million commercial rooftop installation is expected to produce 3,300 megawatt hours of power over the next 20 years supplying Ontario with clean reliable energy. The power will be sold under the province's Feed-In-Tariff program.

Atlantic has received Commercial Operation Notice from Ontario's Independent Electricity System Operator (IESO) - formerly the Ontario Power Authority (OPA).

The solar power plant was developed by our Canadian subsidiary Atlantic Solar Inc.

Power 1=
Atlantic is also pleased to announce the formation of Power 1 Inc. The new wholly owned subsidiary is intended to be the off-taker of Atlantic developed projects.

Power 1 would purchase and hold projects developed by Atlantic and other developers if conditions warrant. The aim is to provide a reliable yield generated from ongoing power sales.

Financing of Power 1 would be direct with no dilution to Atlantic Wind & Solar shareholders. Management is in discussion with potential financiers and advisors and expects to announce more details in the near future.

About Atlantic Wind and Solar Inc:
Atlantic is a developer of utility scale renewable energy plants with over 650 MW's of projects at various stages of development in Canada, South America, South Asia and the Caribbean.

To learn more and/or sign up for news alerts and updates visit the company's web site at: www.AtlanticWindandSolar.com.

Featured Product

TRA SNOW AND SUN - SOLAR TILE MOUNT

TRA SNOW AND SUN - SOLAR TILE MOUNT

You haven't installed a tile mount that is easier to install than the Solar Tile Mount manufactured by TRA Snow and Sun. Solar Tile Mount is used on all tile roof profiles: flat, mid, and high. It is made in the USA of aluminum alloy for strength and excellent corrosion resistance. Solar Tile Mount is built to allow more ease in installation with more rise from the tile surface to the rail for better air flow below panels. The adjustable base is longer than most allowing attachment 6" to the left or right to have the bracket in the base of the pan of the tile and still fasten to the rafter. Solar Tile Mount is adjustable for counter batten systems from ¾" to 3". The horizontal rail is directly above base fasteners giving greater uplift resistance than any other system. For superior waterproofing apply TRA Snow and Sun's butyl backed VersaFlash aluminum flashing. No tile flashing is needed on top of the tile for greater labor and material cost savings.