Kevin O'Neill
Toronto, ON (CAN)
Role(s):
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Canada Solar Consortium
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Startup
Location:
Toronto
Industry:
Energy
Year Founded:
2009
Number Employees:
1-10 people
Description:
Our firm has designed the Canada Solar Consortium Power Station to take advantage of the Ontario Feed In Tariff program for Renewable Energy Projects. Our 250kW stations generate upwards of $300,000 in yearly gross revenue, with an expected CAPEX per station of $1.9M to 2.5M, depending on location, size and type of roof, etc. There is some 1 Billion square feet of roof space in Ontario, most of which is suitable for our Power Station.
Our system is desiged to ELIMINATE all roof penetrations, preserve the existing roof, and generate consistent returns from year to year. Contracts with the Province of Ontario are for 20 years.
Our 2010 program is aimed at 40 projects, totalling 10MW of installed power. Our system is compliant with the Ontario Content provisions of the FIT program.
ROI for each individual project with full equity funding is 10.5%+, and for 25/75 Equity/Debt is 20%+, depending on the system design.
We would be pleased to meet with any serious investors looking to capitalize on a long-term opportunity in the "Green Energy" space, with essentially a government guaranteed revenue stream.
Please e-mail us at (URL removed)