First solar acquires 15-Megawatt solar project Helios Amherstburg (II) Energy Inc.

Sale, Ariz. & TORONTO–First Solar Inc. (Nasdaq: FSLR), and the Helios Energy Inc. announced today that the First Solar energy has been carried out at the Helios II Solar project in Amherstburg, consists of two separate spaces, which, together with a total of 15 megawatts (MW).

With this event, at the same time, the First Solar and Enbridge Inc. announced they have entered into an agreement with Enbridge to acquire from First Solar Amherstburg-II solar project. First Solar continues to develop spaces and provides engineering, procurement and construction services, as well as operations and maintenance services of long-term contracts. The construction of the project is expected to begin March 2011.

Peter Carrie, first Solar, Vice President of business development in Canada “, Amherstburg (II) continue to expand Ontario’s supply of clean, affordable, sustainable solar energy,” said. “We are pleased to have worked with Helios energy and look forward to bringing the implementation of the project this summer.”

Amherstburg II solar project between 300-400 construction jobs will be created, follow these steps to create different levels of tax revenue, and create economic benefits for local businesses. The power of the project to sell its 20-year power renewable energy Standard offer program for the Ontario Power Authority, subject to the terms and conditions.

“This project demonstrates that Ontario’s leadership for the development of renewable energy and green economy,” said Jarret Stuart, principal, Helios energy. “We are very proud, has worked in First Solar, North America’s leading utility-scale solar project developer.”

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