Solar photovoltaic panel purchase agreement signed

Northland Power Inc. signed a Master Module Supply Agreement with MEMC Singapore Pte. Ltd, a unit of MEMC Electronic Materials Inc. (NYSE: WFR), to purchase solar photovoltaic (PV) modules that will be manufactured in Ontario for its 130 MW Ontario solar portfolio.

Financial terms of the deal were not disclosed, but the modules will be used as part of an approximately $600 million investment by Northland to build ground-mounted solar projects in Ontario.

MEMC is currently manufacturing solar PV panels in Ontario for SunEdison, MEMC’s solar energy unit, to help the company meet the 60 percent domestic content requirements of the Feed in Tariff program.

Read more contracts and projects news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...