Results of Two-Year FIT Review Announced

On March 22, 2012, the Ontario government announced the results of the scheduled two-year FIT Program Review. The objective of the review was to ensure the long-term sustainability of the program. The government’s announcement and the FIT Program Review Report are available on the Ontario government website.

The OPA is currently developing draft Program Rules and draft Contracts to implement the report recommendations. These materials will be posted shortly on the microFIT and FIT websites for review and comment.

The full report can be found here: http://www.energy.gov.on.ca/docs/en/FIT-Review-Report.pdf 

The new FIT rates are posted below:

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NorthGrid Solar Announces Commercial Operation of Hamilton’s First FIT Rooftop Solar Project

Vaughan, December 16, 2011 /CNW/ - NorthGrid Solar Inc. ("NorthGrid"), an Ontario-based  Engineering, Procurement and Construction (EPC) company is pleased to announce that its West Village Suites project is the first building in Hamilton to have achieved Commercial Operation under the Ontario Power Authority’s (OPA) Feed In Tariff program.  West Village Suites, an 88 kW DC rooftop solar system,  features NorthGrid’s unique elevated truss system (ETS) thus providing ongoing roof access to the building owner as well as greater module density along with improved performance to the system owner.  The ETS system is best suited for industrial, commercial or institutional buildings with little or no roof deck support for solar energy systems. "NorthGrid is excited to have achieved this important milestone at West Village Suites, a showcase LEED® Platinum building in the City of Hamilton." said Carlo Di Gioacchino, President and CEO of NorthGrid Solar Inc.  "We are extremely pleased with the response our ETS solution has received in the Ontario market..” said Mr. Di Gioacchino, “We have also extended our product line to include an in-house ballast system as part of the turn-key EPC solutions NorthGrid is able to offer building owners .”

NorthGrid Solar is scheduled to complete additional ETS and ballast mount projects throughout Ontario ranging from 40kW DC up to 700kW DC.

About NorthGrid Solar Inc.

NorthGrid Solar (www.northgridsolar.com) is a leading provider of turn-key rooftop solar PV systems. Leveraging a combined 60+ years of photovoltaic experience in Ontario, NorthGrid Solar provides full project services to FIT contract holders from concept to completion. Customers benefit from a multidisciplinary team of professionals who manage feasibility studies, structural and electrical engineering, permitting and LDC interaction, procurement, construction, commissioning, OPA contract management and long-term operational support. In addition to traditional mounting systems, NorthGrid Solar also offers a proprietary Elevated Truss System option to address concerns with roof capacity, density, maintenance, and thermal losses.

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For Media Contacts                                                                                 For EPC information:

Carlo Di Gioacchino                                                                                Eric Kalmbach

President and CEO                                                                                   Chief Operating Officer

NorthGrid Solar Inc.                                                                                NorthGrid Solar Inc.

905-265-7699 x 232                                                                                905-265-7699 x 226

carlo@northgridsolar.com                                                                eric@northgridsolar.com