Photowatt Ontario to Supply Modules to Leading European-Based Renewable Energy Supplier


CAMBRIDGE, ON - Photowatt Ontario today announced that it will supply Ontario-made modules to the Canadian subsidiary of a leading global supplier of solar power serving the Ontario solar market.

The supply agreement is a two-year commitment for the manufacture and delivery of approximately 24 megawatts ("MWs") of modules with the potential for volumes to increase by an additional 24 MWs. The Photowatt-designed and manufactured modules will be marketed under the customer's brand name and will be fully compliant with Ontario FIT and Micro FIT program local content requirements.

Photowatt Ontario is producing photovoltaic (PV) modules at the ATS campus in Cambridge Ontario. This "Made in Ontario" production serves the rapidly growing Ontario demand from residential, commercial and industrial markets as well as large-scale solar fields. The world-class line was designed and built by the ATS Automation Systems Group's Cambridge division.

"We are happy to be working with a proven international renewable energy supplier and help fulfill their significant distribution and development activity in Ontario," said Chris Waters, Vice President and General Manager of Photowatt Ontario. "Our ready capacity, ability to ramp capacity quickly, well established local presence backed by international experience and product quality are a good match with the customer's needs, and will enable the customer to meet market demand on a very timely basis."

About Photowatt Ontario

Photowatt Ontario has been established as part of the Photowatt group to serve the Ontario solar market. Working closely with its parent ATS Automation Tooling Systems Inc. of Cambridge Ontario, Photowatt Ontario is uniquely positioned, with Ontario-based manufacturing, substantial automation and project expertise and extensive global solar energy capabilities and experience to be a natural domestic solar market leader. The module line is one element of Photowatt Ontario's investment in Ontario to serve the Ontario solar market with module manufacturing and turnkey solar project development and installations. Photowatt Ontario is also developing solar projects directly, including 64 megawatts of large-scale renewable energy projects in Northern Ontario with a joint venture partner and is actively pursuing partnerships with developers/building owners/operators and municipalities for roof-top solar installations.

The Photowatt group is a turnkey solar project developer and integrated manufacturer. Photowatt designs, manufactures and sells solar modules, and installation kits, and provides solar power systems' design and other value-added services, principally in Western Europe and Ontario. Photowatt France has a well-established and ongoing research and development program, alliances with energy industry leaders through the PV Alliance joint venture and 30 years of experience in processing silicon and making ingots, wafers, cells and modules. Visit the Photowatt website at www.photowatt.com and the Photowatt Ontario website at www.photowattontario.com

For further information:

Chris Waters, Vice President and General Manager, Photowatt Ontario

519 650 6535

Carl Galloway, Vice President, Treasurer, ATS Automation Tooling Systems Inc.

519 653 6500

All Topics