The new solar plants will create 18.7 MW AC of energy, according to the statement. That’s the same as powering 2,600 homes, while taking out 432,000 metric tons of carbon dioxide over a 20-year period.
Meanwhile, the new farms should be up and running by the summer of 2013, as construction will start later this year.
According to the release, the project is expected to create more than 100 new jobs.
“We are committed to developing and operating utility-scale solar PV projects that provide clean, infinitely renewable solar energy to the homes, businesses and schools in the communities that we serve,” said Sean McCloskey of Penn Renewables in a statement.
“As a developer and long-term investor in solar PV projects, we were impressed with Canadian Solar’s full array of offerings, which include modules manufactured in Ontario, EPC services and the provision of long-term operations and maintenance services.”
Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar also echoed his excitement in the statement:
“We believe strong companies, like Penn Energy, want to work with Canadian Solar because of our track record, expertise, bankability, photovoltaicpanel reliability, and global brand name. As a result, we have built an impressive portfolio of projects and have a very robust pipeline of attractive projects in Canada, the U.S. and Asia. We believe that we have a strong position in Ontario and each project that we complete builds on our lead as the most experienced and dependable developer in Ontario to take a project from development stage to full operation.”