TORONTO, Apr. 21, 2015 /PRNewswire/ -- Atlantic Wind
& Solar, Inc. (OTC: AWSL) is pleased to announce the
receipt of a Notice To Proceed (NTP) on another utility scale solar
power plant in Ontario Canada. The NTP was received recently
from the Ontario Power Authority (OPA) and marks the point at which
construction can begin. This is a major milestone in the
project development as it confirms that the local grid studies have
been completed and accepted and that the grid is capable of
accepting this power. This is also the point at which many
projects in Ontario have failed
and were abandoned despite having OPA power purchase agreements in
place.
Construction has commenced on the estimated 60-day project.
The $1.2 million utility scale
project is located in the Greater Toronto
Area (GTA) of Ontario . It
is sized at 240 KW AC and will supply power to the grid over a 20
year period.
The solar power plant was developed by its Canadian subsidiary
Atlantic Solar Inc.
About Atlantic Wind and Solar Inc:
Atlantic is a developer of utility scale renewable energy plants
with over 650 MW's of projects at various stages of development in
Canada, South America and the Caribbean.
To read the full report and/or sign up for news alerts and
updates visit the company's web site at:
www.AtlanticWindandSolar.com.
Disclaimer: Shareholders and investors are strongly cautioned
against placing undue reliance on information set forth within this
website and these communications in making any investment decisions
concerning our securities. The matters set forth in this press
release are forward-looking statements within the meaning of the
"safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are subject to
risks and uncertainties that may cause actual results to differ
materially. These risks are detailed from time to time in the
Company's periodic reports filed with the OTCMarkets.com including
the company's Annual Report, Quarterly Reports and other periodic
filings. These forward-looking statements speak only as of the date
hereof. The Company disclaims any intent or obligation to update
these forward-looking statements. Nothing within this site is meant
to be a solicitation to buy or sell our securities. Investing in
over the counter (OTC) securities often carries a high degree of
risk. Please contact your financial advisor before investing in our
securities.
Atlantic Wind & Solar Inc.
Main: +1-416-900-0380 ext 321
Toll Free: +1-800-891-1657
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/atlantic-commenced-construction-following-notice-to-proceed-from-the-ontario-power-authority-300069186.html
SOURCE Atlantic Wind & Solar, Inc
