GUELPH and HAMILTON, Ontario, June 7, 2012 /PRNewswire-Asia-FirstCall/ -- Canadian Solar Inc. (NASDAQ: CSIQ), one of the world's largest solar power companies, announced that its subsidiary, Canadian Solar Solutions Inc. and Horizon Energy Solutions Inc., have entered into an Engineering, Procurement and Construction (EPC) agreement to construct commercial rooftop solar electricity generating facilities. The initial projects under this agreement are expected to commence construction by July 2012 under Ontario's Feed-In-Tariff Program.
With the largest Solar Panel production facility in Ontario, Canadian Solar provides bankable photovoltaic modules and complete turnkey solutions to its customers.
Horizon Energy Solutions Inc. is a highly successful developer of renewable energy projects and provider of a suite of energy management, metering and conservation services to commercial clients and local distribution companies (LDCs). Horizon Energy Solutions Inc.'s significant investment in Ontario's renewable power infrastructure will create jobs consistent with the objectives of the Green Energy Act and the clean energy produced will benefit the environment.
"We are committed to developing sustainable energy solutions that provide long-term benefits using the best equipment available. Canadian Solar is a respected and acknowledged leader in this field and we are excited to enter into this agreement," said Scott Knapman, Vice President, Horizon Energy Solutions Inc.Dr. Shawn Qu, the Chairman and Chief Executive Officer of Canadian Solar, commented, "We are pleased to be partnering with Horizon Energy Solutions, given its experience and success in developing renewable energy projects. This latest agreement builds on the considerable momentum we have in Canada and the broader global solar energy market. We continue to leverage Canadian Solar's global brand, proven track record and cost effective quality solar solutions as we pursue new growth opportunities in Canada and worldwide." About Horizon Energy Solutions Inc. Horizon Energy Solutions Inc. is dedicated to providing commercial and LDC customers across Ontario with utility grade renewable energy solutions, a complete range of metering services for generators, residential, commercial/industrial, utilities and wholesale customers, and energy management and conservation services that create benefits for customers and the environment. Horizon Energy Solutions Inc. is wholly owned by Horizon Holdings Inc., an investment company owned by Hamilton Utilities Corporation and St. Catharines Hydro Inc. Horizon Holdings also owns Horizon Utilities Corporation, a local electric distribution utility serving 237,000 customers. For more information, please visit www.horizonenergysolutionsinc.com .
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV