Carmanah Awarded $5.9 Million Contract to Build Rooftop Solar Systems

VICTORIA, BC, CANADA (June 8, 2015)

Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) today announced that Hydro Ottawa Holding Inc. (“Hydro Ottawa”) has awarded Carmanah a $5.9 million CDN ($4.8 million USD) contract for the design, supply, install and commissioning of eight rooftop solar systems. These systems are being installed under the Feed-In Tariff Program (“FIT”) based on contract offers to Hydro Ottawa by the Independent Electricity System Operator (“IESO”) in the Province of Ontario.

“As one of the longest tenured and most experienced providers of rooftop solar EPC services in Canada, we are proud to include Hydro Ottawa on the long list of partners we’ve worked with to realize the benefits of the Ontario FIT Program,” said John Simmons, Chief Executive Officer of Carmanah. 

Carmanah was awarded the contract following participation in a competitive RFP process with Hydro Ottawa which included several industry competitors.

Carmanah will begin implementation of the projects immediately including detailed design and engaging in regulatory processes with construction expected to commence this fall.

 

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About Carmanah Technologies Corporation

Since its founding in 1996, Carmanah has become one of the most trusted names in solar technology, delivering reliable and cost-effective solar powered products and systems for industrial applications worldwide. To date, Carmanah's solutions for marine navigation, airfield ground lighting, aviation obstruction, roadway illumination, parking lot lighting, as well as on and off-grid power generation, have been successfully deployed in over 400,000 installations in 110 countries with proven performance in conditions ranging from desert heat to arctic cold.

 

 

Contact
Carmanah Technologies Corporation:
Evan Brown, (250) 380-0052
Chief Financial Officer/Corporate Secretary
investors@carmanah.com

 

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