The project will provide full financing for the development and construction of the installations, which will be placed on rooftops throughout the state.
The agreement is part of the SPP-JCM Solar Fund, which aims to develop, finance and own 200 MW of solar projects in Ontario. 54 MW of projects have already been initiated, with construction scheduled on some to begin this year.
Speaking of the partnership with Rumble Energy, JCMs Christian Wray said that the agreement will help to add high-quality solar projects to the fund. "This is an experienced solar developer in both FIT (feed-in tariff) and micro-FIT projects. We are pleased to have the opportunity to work with them to grow Ontarios commercial rooftop solar market."
In addition to future projects, the fund is looking to initiate projects to commence construction in 2011.