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Solar Flow-Through Raises $2.85M
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Applies for 126 solar projects in Ontario
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Solar Flow-Through raised more than $2.85M in Q4 2012 through a private placement financing. These funds will be used to develop and operate solar power generation projects in Ontario under the Ontario Power Authority's (OPA) Feed-in-Tariff (FIT) program. FIT contracts provide fixed purchase rates for solar power and are guaranteed by the OPA for 20 years. We submitted 126 project applications for OPA contracts in January 2013. The applications totaled approximately 37 MW DC.
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Deutsche Bank Forecasts 30GW Solar Demand in 2013
Germany's Deutsch Bank has raised its 2013 global solar demand forecast to 30GW, representing a 20% year-on-year increase. The bank is basing its bullish forecast on suggestions of strong demand in key markets like India, the U.S., China, the U.K., Germany and Italy.
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 Solar Power May Eclipse Oil in 50 Years: Shell Royal Dutch Shell reports that solar energy could overtake oil as the world's dominant energy source by 2060. Renewables could also make up as much as 30% to 40% of the global energy mix by 2060. |
An Innovative Way to Invest in Canada's Growing Solar Industry
Solar Flow-Through Limited Partners offers Canadian Accredited Investors an innovative vehicled for investing in Canada's burgeoning solar power industry. Based on the Flow-Through concept for mineral exploration, Solar Flow-Through Limited Partnerships provide the same income tax deduction benefits as those of mineral exploration in Canada. Please contact me directly or visit us at www.solarflowthrough.com
Matt Wayrynen President & CEO mattw@solarflowthrough.com
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