Silfab Ontario has cut the ribbon to inaugurate its new manufacturing facility in Mississauga, Ontario.
Over 300 guests participated in the Italian Styled inauguration, which includes Honorable Sandra Pupatello, Minister of Economic Development and Trade; Member for Provincial Parliament for Mississauga-Brampton South, Honorable Amrit Mangat, Her Worship Hazel McCallion, the Mayor of Mississauga and Italian Consul General, Gianni Bardini.
Minister Sandra Pupatello, has declared the support of the province to the company by sanctioning a loan of $3.3 million for the initial 60 MW production. Provincial government approved the loan after a careful and meticulous due diligence process. Silfab on its part will invest around $13.5 Million CAD for the initial 60 MW solar module production and has taken steps to expand the production capacity.
Silfab Ontario will produce solar modules that comply with the domestic content pre-requisites of the Feed-in-Tariff program of Ontario. The plant by the middle of 2011 will attain the capability to manufacture 370,000 modules annually amounting to a production potential of 180 MW. The solar cells utilized in the modules are designed to achieve 99% conversion efficiency. The manufactured modules will be distributed all over North America. On attaining its full production capability the plant will provide employment to 200 employees.