Carmanah Technologies Corporation (CMH.V) announced it has received a letter of intent confirming a forth-coming contract in the amount of $1,000,196 from the City of Toronto for a 100 kW solar power system to be installed on the roof of the Horse Palace at Exhibition Place. Located ten minutes from downtown Toronto, along the shores of Lake Ontario, Exhibition Place holds grand-scale world-class events on its 192 acres of parkland including the annual Canadian National Exhibition, the Molson INDY, the Caribana Parade, the Royal Agricultural Winter Fair and World Youth Day. Annually, Exhibition Place welcomes 5.2 million visitors to the site.
Said Art Aylesworth, Carmanah’s CEO, “This project represents the first RFP response by the merged forces of Carmanah and Soltek Powersource Ltd., and is indicative of the synergies created through the Soltek acquisition.”
Carmanah will install a state-of-the-art 100 kW solar power system on Exhibition Place that is tied to the conventional electricity grid. The system uses high efficiency solar modules and a unique penetrationless racking system. An educational display in the lobby will show the public how much power is being produced, environmental conditions as well as historical system performance data. It is estimated this system will reduce the annual carbon dioxide emissions of this facility by approximately 94.7 tonnes per year.
Carmanah, headquartered in Victoria, British Columbia, is focused on three technology groups: solar power systems & equipment, solar-powered LED lighting and LED illuminated signage.
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