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


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...