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Solar Flow-Through's Network Awarded 52 Contracts in Ontario
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Solar Flow-Through has had another exciting month of progress toward becoming a significant player in the development of Ontario's clean energy economy. In July, our network of solar developers was awarded 52 contracts under the Ontario Power Authority's (OPA) Small Fit 2.1 program.
In June we announced that 70 out of 126 initial applications to the program submitted by our solar power development partners had advanced to the final approval stage. On July 3, the OPA published the list of projects awarded contracts, of which 52 were projects submitted by Solar Flow-Through's partners.
The contracts are for commercial rooftop projects totaling 12.8 MW AC under fixed purchase rates that are guaranteed for 20 years. Two First Nation bands and a community co-op are our partners on the projects which are expected to undergo development starting this year and continuing into 2014.
Solar Flow-Through plans to submit new applications for the Small FIT 3 procurement window which will begin in the fall of 2013. The OPA has said it expects to award approximately 123.5 MW AC in contracts in this next round.
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Push for Affordable Residential Rooftop Solar Installation in Arizona
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Recent reports show a growing number of Arizona residents are turning to solar panels to meet their energy needs. Tens of thousands have bought or leased rooftop solar panels over the past six years. Yet, for many low-income families the upfront costs pose a major financial hurdle. Some utilities company and advocacy groups are coming up with creative solutions to help lower-income families harness the power of the sun and dramatically reduce their energy bills.
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Solar Powered Cars: Innovation Labs on Wheels
Solar-powered cars in every day use on the world's highways remains a Jetsonian Fantasy for most. But competitors at this year's World Solar Challenge in Australia are hoping to quicken the pace of innovation toward efficient, yet practical solar powered vehicles. University of Calgary Solace Car Team has designed a two-door coupe with twice as much storage as a standard Honda Civic.
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An Innovative Way to Invest in Canada's Growing Solar Industry
Solar Flow-Through Limited Partners offers Canadian Accredited Investors an innovative vehicle 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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