MATTAWA, ON -- (Marketwire) -- 05/27/11 -- BioSila Canada Corp. announced today they have entered into an agreement with Toronto based, Atlantic Wind & Solar Inc. (PINKSHEETS: AWSL), to incorporate a 500kW solar energy system on the rooftop of one of their biomass fuel manufacturing plants.
BioSila Chairman, Mr. John Mumlek, comments, 'As part of our commitment to preserving the environment, utilizing our 200,000 square foot Mattawa plant rooftop for a solar energy park was an obvious choice, and is right in line with our overall business model.'
Under the terms of the agreement, the energy produced from the solar plant will be sold to the Ontario Power Authority, as part of the provinces Feed In Tariff program.
Over the next 20 years, the system is expected to generate enough solar electricity to power approximately 100 local homes, and will offset the emissions of over 10,350 tons of harmful CO2 gases into the earth's atmosphere. (The equivalent to planting 50,000 trees.)
The BioSila Complex, located in Northeastern Ontario, will produce 252,000 tons of European-standard, power-plant grade, wood pellet fuel for the industrial, commercial and residential biomass energy markets using state of the art production systems. The new production facility is scheduled to open in 2012.
The company plans to incorporate a 10-megawatt co-generation facility on the site, which will also be part of the Province's green energy initiative program.
For more info, please visit; http://biosilacorp.com/