MEMC sells Ontario-made solar panels to Northland
By MEMC Electronic Materials
By MEMC Electronic Materials
Nov. 17, 2011 – Northland Power has announced it has signed a master module supply agreement with MEMC Singapore, an affiliate of MEMC Electronic Materials, to purchase solar PV modules that will be manufactured in Newmarket, Ont., for its 130 megawatt Ontario solar portfolio. The modules will be used as part of an approximately $600 million investment by Northland to build ground-mounted solar projects in Ontario, representing one of the largest investments in Ontario's solar energy sector.
In addition to the 400 workers currently employed at the site which
produces MEMC solar PV modules, Northland's investment is expected to
create another 700 new engineering and construction jobs through the
build-out of the projects.
"Northland's significant investment in ground-mounted solar builds on
our 25-year history of being an innovative and entrepreneurial energy
generator in Ontario," said John Brace, president and CEO of Northland Power.
"We are pleased to be partnering with MEMC because of their commitment
to high quality standards, and their demonstrated willingness to invest
in Ontario for the long-term."
Northland operates over 1,000 megawatts of diversified generation, and is actively developing renewable and thermal projects in Ontario, including wind, run-of-river, co-generation, as well as a 400 megawatt pumped storage facility east of Peterborough, Ont.
"We are proud to be working with a respected energy industry leader such as Northland Power," said Ahmad Chatila,
CEO of MEMC. "As an innovative company with over 50 years of
experience, we are pleased to deliver on our commitment to bring
renewable energy solutions and sustainable jobs to the people of Ontario."
Earlier this year, MEMC began manufacturing solar PV panels in Ontario
for SunEdison, its solar energy subsidiary, in order to help the
company meet the 60 percent domestic content requirements of the Feed in
Tariff program. In July 2011, MEMC announced the expansion of production with its manufacturing partner Flextronics.
Northland Power owns or has a net economic interest in 1,004 megawatts of operating
generating capacity, and 260 megawatts of generating capacity in advanced
construction. Northland is also actively developing 340 megawatts of wind,
solar and run-of-river hydro projects already awarded PPAs and
approximately 2,200 megawatts of additional power generation opportunities.
Northland's assets comprise facilities that produce electricity from clean natural gas and green renewable sources such as wind, solar
and biomass. Electricity generation and capacity is primarily sold under
long-term contracts with creditworthy customers. Northland's operating
thermal power assets are located in the provinces of Ontario and Saskatchewan Canada,
and include the 120 megawatts Iroquois Falls cogeneration facility, the 110 megawatt
Kingston combined-cycle power facility, the 265 megawatt Thorold cogeneration
facility, the 86 megawatt Spy Hill peaking facility and an economic interest
in two natural-gas- and biomass-fired generation facilities as well as a
19 per cent equity interest in the 230 megawatt Panda-Brandywine combined-cycle power
facility located outside Washington,
D.C. Northland's operating renewable power facilities include the 128 megawatt Jardin d'Eole wind farm and the 100 megawatt Mont Louis wind farm both
located in Quebec, two wind farms totalling 22 megawatts of installed capacity located in Germany and several rooftop solar power facilities in Ontario. Northland owns the 260 megawatt North Battleford project, which is currently under construction in Saskatchewan, Canada. Northland's cash flows are diversified over five geographically separate regions and regulatory jurisdictions.
Feed-In-Tariff (FIT) program for renewable energy generation is a
cornerstone of the province's Green Energy Act. Under the program,
participants are paid a fixed-price for the electricity they generate
over a 20-year contract period.
SunEdison is a global provider of
solar-energy services. The company develops, finances, installs and
operates distributed power plants using proven photovoltaic
technologies, delivering fully managed solar energy services for its
commercial, government and utility customers. In 2010 SunEdison deployed
more than 160 megawatts of solar throughout the world.
MEMC is a global supplier of semiconductor and
solar technology. MEMC has designed and developed silicon wafer technologies for more than 50 years, with research and development and
manufacturing facilities in the U.S., Europe and Asia. Through its SunEdison subsidiary, MEMC is also a
developer of solar power projects and a worldwide provider of solar