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PHOTOWATT ONTARIO TO PRODUCE ONTARIO MADE PV MODULES FOR HANWHA SOLARONE

Jun. 1, 2011 (Canada NewsWire Group) -- TSX: ATA CAMBRIDGE, ON, June 1, 2011 /CNW/ - AT...

articleAts CorporationJune 1, 20115/company/ats-corp/news/photowatt-ontario-to-produce-ontario-made-pv-modules-for-hanwha-solarone
PHOTOWATT ONTARIO TO PRODUCE ONTARIO MADE PV MODULES FOR HANWHA SOLARONE

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[{"type":"text","content":"\n\n\n Jun. 1, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX: ATA\n\n\nCAMBRIDGE, ON, June 1, 2011 /CNW/ - ATS Automation Tooling Systems Inc.\n ("ATS") today announced that its subsidiary, Photowatt Ontario Inc.,\n has entered into a supply agreement with Hanwha SolarOne  (Qidong) Co.\n Ltd., a subsidiary of Hanwha SolarOne Co., Ltd., to produce Hanwha\n SolarOne photovoltaic modules for the Ontario marketplace.\n\n\nThe agreement is for Photowatt Ontario to produce and deliver\n approximately 160 megawatts of modules over four years, using cells\n supplied by Hanwha SolarOne with the potential for the parties to\n increase the volumes by up to another 160 megawatts over the four-year\n period.  The modules, which are intended to serve demand in connection\n with the Ontario Feed in Tariff ("FIT") program, will be fully\n compliant with FIT and Micro FIT Program domestic content\n requirements.  The agreement is subject to Photowatt Ontario satisfying\n itself with respect to certain technical information to be provided by\n Hanwha SolarOne.  Shipments are currently expected to begin in October.\n\n\nPhotowatt Ontario will produce the modules at its photovoltaic module\n facility in the Green Wing of the ATS campus in Cambridge, Ontario. \n The "Made in Ontario" production facility, designed and built by the\n ATS Automation Systems Group's Cambridge division, serves Ontario's\n rapidly growing demand for solar energ...

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