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PowerStream Named Solar Industry –Developer of the Year–

TORONTO, ONTARIO — (Marketwire) — 12/04/12 — The (CanSIA), a national trade association that represents approximately 650 solar energy companies in Canada, has named PowerStream as the industry–s solar generation –Developer of the Year–.

The award, which was presented to PowerStream at the 2012 CanSIA –Game Changer Awards– held Monday evening at the acknowledges demonstrated excellence in the responsible development of solar generation projects through such practices as meaningful stakeholder engagement, strong project management, predicted output and project returns.

In honouring PowerStream with this award, CanSIA also recognized the utility as being an industry leader in advancing solar generation projects and for pursuing initiatives that assist in protecting the environment through the development and use of clean sources of energy.

PowerStream is currently generating electricity with a rooftop solar generation portfolio comprising 30 projects that have a total installed capacity of approximately 4.5 megawatts (MW) AC. The utility has additional projects under construction and plans to implement further projects over the next number of years. When their initial phase of approximately 28 MW is completely built, these projects will power the equivalent of 3,200 homes each year.

The current and planned PowerStream solar generation projects are located in several municipalities including Vaughan, Markham, Barrie, Collingwood, Lindsay, London, Toronto, and Windsor. The utility also has an additional 36 solar projects awaiting approval from the (OPA).

QUOTES

ABOUT CanSIA

CanSIA is a national trade association that represents approximately 650 solar energy companies throughout Canada. Since 1992, CanSIA has worked to develop a strong, efficient, ethical and professional Canadian solar energy industry with capacity to provide innovative solar energy solutions and to play a major role in the global transition to a sustainable, clean-energy future.

ABOUT POWERSTREAM

PowerStream is a community-owned energy solutions company that provides power and related services to more than 355,000 customers residing or owning a business in communities located immediately north of Toronto and in Central Ontario. It is jointly owned by the Cities of Barrie, Markham and Vaughan.

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Contacts:
PowerStream Inc.
Eric Fagen
Director, Corporate Communications
Media Line (24/7): 905-532-4400

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