The arrangement will combine JCM’s expertise and initial $10 million development capital fund with Panasonic’s construction financing and expertise. By aligning, JCM and Panasonic provide the Ontario solar market with a scalable end-to-end financial and service solution, from application stage to commercial operation date (COD) for commercial scale photovoltaic (PV) projects and/or their associated portfolios.
The agreement is intended to facilitate the deployment of over 120MW of commercial rooftop and ground-mount PV projects across the province over a two-year period, with an initial focus on 5MW of JCM’s FIT contract equipped commercial rooftop projects. Panasonic’s PV modules, which are manufactured in Ontario, will be featured throughout all of the designated projects.
JCM Capital’s CEO Christian Wray said: “We are pleased to align ourselves with a world-renowned corporation such as Panasonic and are confident that their best-in-class PV products and services will provide these associated projects with...JCM, Panasonic to launch end-to-end solar services in Ontario
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