Ontario Solar Project Upgrades

Identifying and implementing upgrade solutions for Ontario-based utility-scale solar project owners.

Above Market Rates of Return

To date, Zenith Power's project upgrade services have brought two utility-scale solar project owners a forecasted internal rate of return in excess of 20%, well above the industry average for an investment-grade infrastructure asset.

Zero Upfront Capital

In lieu of charging an hourly consulting fee, Zenith Power is willing to work on a success-based arrangement, aligning our compensation with the value that we can create for project owners. Additionally, Zenith can arrange project upgrade financing for project owners with budget constraints.

>30MW of Projects Upgraded

Zenith Power has identified, analyzed, proposed, sourced, and implemented solar project upgrade solutions to over 30MW of utility-scale solar projects for two of Canada's largest solar project owners. This experience provides our customers with a streamlined implementation process.

Ontario Solar Project Upgrades

Is your company an owner or potential investor in an Ontario-based solar project?

Almost all of the utility-scale solar projects in Ontario were constructed between 2008 and 2015. Since then, the combination of rapid developments in technology and declining cost curves have created opportunities for the economics of these projects to be improved, while still complying with their PPA contract terms.

Zenith Power leverages our network of industry specialists to provide a complete turnkey solution. With 20-year power purchase agreements underlying the economics of these projects, there is a finite window for project owners to take advantage of these upgrade opportunities.

Is your company an owner or potential investor in an Ontario-based solar project?

Ontario Solar Project Upgrades

Almost all of the utility-scale solar projects in Ontario were constructed between 2008 and 2015. Since then, the combination of rapid developments in technology and declining cost curves have created opportunities for the economics of these projects to be improved, while still complying with their PPA contract terms.

Zenith Power leverages our network of industry specialists to provide a complete turnkey solution. With 20-year power purchase agreements underlying the economics of these projects, there is a finite window for project owners to take advantage of these upgrade opportunities.

Solar Project Upgrade Process

1

Opportunity Identification

Reviewing the latest technological dvancements in the solar industry to understand the financial benefits of implementing these solutions for project owners.

2

Preliminary Engineering Analysis

Conducting a preliminary analysis to identify any technical restrictions on executing the identified upgrade opportunities for the project.

3

Project Upgrade Proposal

Providing a presentation summarizing the upgrade opportunities identified, along with their corresponding forecasted incremental cost and revenue implications.

4

Component Sourcing & Installation

Sourcing components and installation services from reputable suppliers, providing a single counterparty supply and installation solution to project owners.

5

Implementation Support Services

Providing project management, monitoring, and reporting services on the implementation of the project upgrade solution.

6

Monitoring Industry Advancements

Researching and conducting due diligence on technological advancements that may benefit the project in the future.

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