Contract to Install Solar PV in Waterloo Region

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Contract to Install Solar PV in Waterloo Region

posted on Aug 16, 2011 09:35AM

ARISE Co-recipient of Contract to Install Solar PV on Region of Waterloo Rooftops

Press Release Source: ARISE Technologies Corporation On Tuesday August 16, 2011, 8:00 am EDT

WATERLOO, ON, Aug. 16, 2011 /CNW/ - ARISE Technologies Corporation ("ARISE" or "the Company') (TSX: APV and Frankfurt: A3T), a leader in high-performance, high-quality, cost-effective solar technology, today announced that its Systems Division is the co-recipient of a contract to supply several buildings owned by the Region of Waterloo with rooftop solar photovoltaic ("PV") systems totaling 310 kilowatts (kW), following a public tender process. The total value of the contract is approximately $2.5 million.

In response to the Region of Waterloo's Request for Proposal, and in partnership with one of Canada's leading construction companies, ARISE submitted a joint proposal to design, supply, install and commission six rooftop PV systems. Both companies are currently in discussions with the Region of Waterloo to determine project rollout and installation schedules.

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