Solar Flow-Through FIT2 Rooftop Portfolio: Aggregate of 6.379 MW DC completed
Starting in 2013, Solar Flow-Through and its partners worked closely with developers to build and install 23 FIT 2 Projects. In Q4 2015, all FIT 2 projects were completed and connected to Ontario’s electrical grid. All FIT 2 Projects are now operational and generating revenue from the production of electricity. Management of Solar Flow-Through is managing all projects to maximize return for its unit holders.
A summary of FIT@ project locations and details is available here.
Solar Flow-Through FIT3.1 Rooftop Portfolio: Aggregate of 9.2 MW DC completed
In Q2 2014, Solar Flow-Through and its partners were awarded an aggregate of roughly 9.9 MW DC of Small FIT 3.1 ground-mount contracts.Construction of the FIT 3.1 rooftop projects is complete, and all are now generating revenue from the production of electricity into Ontario’s electrical grid. Engineering and development of the FIT 3.1 ground mount projects continued through Q3 2017. Construction of the first FIT 3.1 ground mount project began in the summer 2017, with all expected to achieve commercial operation in 2018.
A summary of FIT 3.1 project locations and details are available here.
Solar Flow-Through FIT4 Portfolio: 35 MW DC Awarded & Under Development
In Q3 2016, Solar Flow-Though and its partners were awarded approximately 35 MW DC of FIT 4 Contracts. A large majority of the FIT 4 projects are ground mount projects, with a small number of these projects being rooftop. Initial development of the FIT 4 projects began during Q4 2016.Permitting, engineering and development of the FIT 4 projects continued through Q3 2017. The majority of the FIT 4 projects are ground mount projects. Management has determined that the small number of rooftop projects were uneconomical to construct. Management expects that most of the ground mount FIT 4 projects that are expected to become operational will be completed by the end of 2018 and the remainder by end of 2019.
Solar Flow-Through FIT5 Portfolio: ~100 MW DC Awarded & Under Development
In September 2017, it was announced that entities within the SFT Group were awarded 159 FIT 5 contracts for 83.8 MW DC. Management has started its review of these projects to assess their feasibility and develop a plan to build the portfolio. The development of the FIT 5 projects will continue to be funded by the 2015 LP and subsequent Solar Flow-Through LPs.