JCM Capital today announced that it has sold an 850kW portfolio of rooftop solar PV projects in Ontario to BrightRoof Solar
JCM Capital today announced that it has sold an 850kW portfolio of rooftop solar PV projects in Ontario to BrightRoof Solar.
The projects were originated, developed and financed to commercial operation by JCM.The portfolio consists of systems located on three commercial buildings, in Mississauga, Guelph and Kitchener. All systems are scheduled to be in service by the end of the year, and the electricity they generate will be sold to the Ontario Power Authority under 20-year feed-in tariff (FIT) contracts.
The projects are the first to be built under JCM’s strategic partnership with Panasonic Eco Solutions Canada, which is the EPC contractor, and is supplying 3,160 Panasonic SCI 250M/300M crystalline solar modules that were manufactured in Don Mills, Ontario.
The projects will provide enough clean energy to power 110 homes, while offsetting 675 metric tons of CO2 from being released into the earth’s atmosphere each year.