Power Group Online Article |  | |
12 April 2006 -- EPOD International Inc. announced the company's intent to construct a 5-MW solar panel manufacturing facility in Kelowna, British Columbia. An estimated 2 MW of production capacity is anticipated to be available within six months, with the annual capacity of the plant projected to be 5 MW upon completion.
With the addition of solar panel manufacturing capacity, EPOD plans to further vertically integrate its solar power operations and increase the company's solar panel output. This manufacturing capacity and increased solar panel output will also enable EPOD to maximize its solar power system sales and integration in the Province of Ontario, where the Ontario Power Authority and the Ontario Energy Board recently announced the creation of the Standard Offer Program, a renewable energy feed-in tariff initiative. The Standard Offer Program will pay EPOD and other solar power generators CAD$0.42 per KWh (approximately USD$0.37), under what is anticipated to be a 20-year power purchase agreement. Given the Ontario government's increased support of solar energy through the Standard Offer Program, EPOD intends to aggressively pursue solar system sales in the Ontario market effective immediately.
EPOD International Inc. develops advanced energy management technologies with real-world market applications. The company's patent-pending 'Energy Pod' technology manages and manipulates electrical energy such that utilization of DC-electric battery power becomes significantly more efficient. EPOD's patent-pending and proprietary technologies are applicable to a wide variety of industries and applications, and are available through licensed OEM's and directly to end-users.
|
Return to Previous Page
Power Engineering Webcasts | |
|
Sponsored White Papers Library | | |
|
|
|
|
Articles 
| View all PennWell sites | View all PennWell events
Add RSS Feed
