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Jan 3
2020
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Solar Provider Group Plans to Invest USD 250m in Brazil

TORONTO & ST JAMES, Barbados & RIO DE JANEIRO--Solar Provider Group (SPG), a Toronto, Canada based global solar development company, has arranged a team to enter the Brazilian solar market with the goal to complete investments totaling USD 250 million over the next five years.

The solar market in Brazil is growing exponentially, with 3.3 GW deployed in 2019 alone, 44% growth since 2018, and an estimated 126 GW by 2040. Public opinion and support have been essential for this substantial growth. In a recent survey by Ibope Inteligencia, 93% of Brazilians want to produce their own renewable electricity at home. Additionally, in a 2015 survey done by DataSenado, 85% of Brazilians supported more public investments in renewable energies, such as solar and wind. The Government’s goal is to attract US $8 billion in private direct investments, generating more than 160,000 new jobs.

SPG believes that the Brazilian market has the right set of opportunities that fit perfectly into the company’s global strategy. With a track record that spans 11 countries and over a dozen US states, the company excels at executing in young, fast-growing solar markets.

To achieve its ambitions goals, SPG is looking for local development partners in Brazil, as well as corporate buyers of energy. The SPG team is led by Cesar Frota, a veteran executive in the renewable power industry. “I am excited at the opportunity the Brazilian market represents, for both Solar Provider Group, and the global solar industry. We look forward to building strong partnerships and providing clean, sustainable energy to my home country of Brazil,” said Frota.

With its financing, structuring, engineering and development expertise, SPG is looking to build relationships with Brazilian solar companies that excel at permitting and development on a local level. SPG has the experience in forming strong partnership and executing at scale, thus increasing deployment speed and adding value. Having applied this strategy successfully in various emerging economies across the globe, SPG’s approach benefits all parties involved, including helping local developers to scale faster and more profitably while minimizing project attrition.

SPG is also looking to build relationships with corporations with significant energy costs that are interested in buying solar power at a discount compared to current retail prices. SPG’s one-stop solution enables companies to switch a substantial portion of their energy consumption to cheaper and cleaner power in a simple, sustainable fashion.

About Solar Provider Group
Solar Provider Group Ltd. is an international solar development and investment company, focusing on ground mounted and large-scale rooftop solar projects. SPG specializes in the development, financing, engineering, construction as well as operations and maintenance of solar installations and has completed over 200 projects accumulating in an annual reduction of more than 70,000 tons of CO2 emissions globally. To learn more about Solar Provider Group, please visit www.www.solarprovidergroup.com

Dec 13
2019
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Solar Provider Group provides a Nieuweweg (New Way) for Dutch people to buy electricity.

Solar Park Nieuweweg, which is in late stage development, provides clean energy and a special place for members of the community to connect with nature.

AMSTERDAM, Nov. 28, 2019 – Solar Provider Group is currently developing a 6MW solar array in the Netherlands. This project would supply clean and renewable electricity to around 2747 Dutch households. Solar Park Nieuweweg is applying for the The Netherlands’ renewable energy program, The Stimulering Duurzame Energieproductie (“SDE+”), which aims to help nation reach its goal of generating 14% of its electricity from renewable sources by 2020.

Solar Provider Group has partnered with a local couple, who operate a day care and on-site living for individuals with disabilities. Their motivations align with Solar Provider Group and focus on establishing a connection with the natural environment. Harnessing the power from the sun is the perfect way to round out their mission. The proposed Solar System fits in perfectly with the landscape of the property, with the design being a collaboration between Solar Provider Group and the neighbors of the site, which ensures everyone feels good about the plans. Solar Provider Group is known to go the extra mile to ensure the local communities will benefit from the new solar development. The social value of this project will serve to protect the natural environment, stimulate biodiversity, and provide dual land use with a picking forest and for sheep. There is even an opportunity for financial participation for the community.

The photovoltaic system will be the first project of Solar Provider Group’s in the Netherlands. The Netherlands, alongside other European countries, such as Germany, Ireland, and the United Kingdom, are part of Solar Provider Group’s global portfolio expansion. Solar Provider Group Ltd. is an international solar development and investment company, focusing on ground mounted and large-scale rooftop solar projects. SPG specializes in the development, financing, engineering, construction as well as operations and maintenance of solar installations and has completed over 200 projects accumulating in an annual reduction of more than 70,000 tons of CO2 emissions globally. To learn more about Solar Provider Group, please visit www.www.solarprovidergroup.com

Oct 31
2018
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Solar Provider Group to add 2 MW of community solar energy in Minnesota

Toronto, Canada – Today, Solar Provider Group has partnered with Syncarpha Capital, to help bring 2 MW of solar energy to Minnesota. The Community Solar projects are expected to reach commercial operation in December 2018 and will produce green energy for the next 20 years.

The two projects, located in Dodge County, Minnesota were developed under the Solar Rewards Community program. The Community Solar projects will benefit the community in Dodge County, as residents will be able to subscribe to the projects for green, sustainable, and affordable energy. The community will have the opportunity to subscribe to approximately 5,700 solar modules across two projects within Dodge County. The 2 MW of capacity will be enough to take approximately 250 homes off the grid in Minnesota.

“We started developing community solar in the United States about two years ago and these are the first of many projects we are executing on. Our team here at Solar Provider Group is excited about bringing a lot more community solar online in several other states, and we are thrilled how it lowers power prices and carbon foot print for communities.” – Sebastian Seyfarth, CEO

Community Solar is an easy, more affordable way to share the benefits of renewable energy by building large solar sites rather than installing solar on individual rooftops. This method gives utility customers the opportunity to participate in the benefits of solar without having to put panels on their homes or properties. Local homes and businesses can benefit by subscribing to a portion of the energy produced to receive net metering credits from a single clean energy project. Community Solar means savings on the electricity bill and a healthier, stronger community.

About Solar Provider Group
Solar Provider Group Ltd. is an international solar development and investment company, focusing on ground mounted and large-scale rooftop solar projects. SPG specializes in the development, financing, engineering, construction as well as operations and maintenance of solar installations and has completed over 200 projects accumulating in an annual reduction of more than 70,000 tons of CO2 emissions globally. To learn more about Solar Provider Group, please visit www.www.solarprovidergroup.com

About Syncarpha Capital
Founded in 2009, Syncarpha Capital is a New York-based private equity firm dedicated to developing, acquiring, financing, owning and operating distributed- and utility-scale photovoltaic (PV) solar and other renewable energy systems across North America. Partnering with experienced developers, installers, engineers, and EPC contractors, and working closely with its customers, Syncarpha Capital designs and builds on-site solar systems for municipalities, utilities, and businesses – as well as developing community shared solar solutions for consumers and commercial customers. Syncarpha currently owns and operates over 92 MW of solar assets throughout the United States in 9 different states. To learn more about Syncarpha, please visit www.syncarpha.com

Jun 19
2017
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Solar Provider Group continues its global expansion by establishing an office in the Netherlands.

Amsterdam, Netherlands; London, United Kingdom; St James, Barbados; and Toronto, Canada May 8th, 2017– Solar Provider Group continues its global expansion by establishing an office in the Netherlands. The country’s solar market is touted to become one of the largest continental hubs for new solar capacity, with local experts estimating 5 to 15GW growth in the PV market over the next 10 years.

With a wealth of international experience spanning across Canada, the United States and Europe, Solar Provider Group is well positioned to equip the Dutch market with fresh ideas and an industry-leading track record in delivering state-of-the-art solar solutions both on rooftops and utility-scale ground-mount developments. The company is planning to hire between two and ten professionals in business development and engineering over the next two years, as well as create multiple local jobs in installation, electrical services and construction through services agreements.

Solar Provider Group is looking to deploy more than 100 MW, or EUR 100m in solar investments through direct development as well as joint development and partnerships with local solar companies and developers. Tom Helliwell, Head of European Operations says “In addition to carrying out independent solar development across the country, we are looking to partner with local developers in the Netherlands. Collaborating with Dutch solar experts allows us to broaden our development pipeline in parallel to providing partners with extensive global experience and financing solutions which may otherwise be difficult to secure.”

The Stimulering Duurzame Energieproductie (“SDE+”) state-run renewable energy operating grant is the cornerstone of the Netherlands’ observed success in the deployment of new renewable energy as the nation makes strides towards achieving its ambitious and binding EU target of generating 14% of its electricity from renewable sources by 2020.

“We have been monitoring the SDE+ for over a year at Solar Provider Group, its continued success combined with increased funding and the surge of successful solar applications seen in recent auctions makes this the perfect time for Solar Provider Group to begin operations in the market” said Michal Tvrdon, Head of Project Development, Solar Provider Group. “The Netherlands’ commitment to sticking with its demanding EU obligations paves the way for foreign solar developers to enrich the market with pioneering and progressive development methods which can allow the country to hit its targets”.

Solar Provider Group already has a wealth of experience in the European solar space, with successful development in Germany, Ireland and the United Kingdom and will replicate its established business model upon entry to the Netherlands.

“At Solar Provider Group we have always taken extra measures to ensure that local communities can benefit from solar development. The Dutch are rightly proud of their agriculture and countryside and so it’s paramount that any new solar development will benefit the local community and wildlife,” said Guido Visser, Business Development Consultant, Solar Provider Group. Christian Wentzel, President of SPG further explains: “By way of example, our development of Vine Farm Solar Park in the U.K. consisted of over 200 acres of land, equating to 47MW of solar capacity to be installed, one of the largest developments to date in the country. We were able to create a beautiful nature park surrounding the development inclusive of public walkways, additions to the ecosystem, including bird boxes and badger setts and a wildflower and grassland meadow surrounded by 50,000 newly planted trees and hedges. We aim to implement a similar model in the Netherlands. This is just one example of Solar Provider Group demonstrating that when solar is done right, everybody wins”.

Solar Provider Group Ltd. is an international solar development and investment company, focusing on ground mounted and large-scale rooftop solar projects. SPG specializes in the development, financing, engineering, construction as well as operations and maintenance of solar installations and has completed over 200 projects accumulating in an annual reduction of more than 70,000 tons of CO2 emissions globally.

Dec 12
2016
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Solar Provider grabs top spot for the Fastest-Growing Energy Company in the 2016 Profit 500

Toronto, December 12, 2016 – Solar Provider Group (SPG) is pleased to announce that it has been ranked as the #1 fastest-growing energy company in Canada by Profit 500, and ranked 32nd out of the top 500 companies overall, after taking the top spot in 2015 for Toronto’s fastest growing company.

Profit 500 ranks companies based on the percentage increase of revenue over a five-year period, SPG made the list with a five-year revenue growth of 2,454%. SPG also beat the average of the Profit 500 list, with posted revenues in excess of Ten Million Dollars. All this was accomplished by a team of just over 50 innovative and dedicated people.

“Our team has been working diligently over the past year to make this achievement a reality” said Christian Wentzel, Chairman of Solar Provider Group. “We are thrilled to have been at the top of the Profit 500 for two years in a row and this shows our dedication and leadership within the solar industry.”

Solar Provider Group is one of the world’s leading, fully integrated solar PV companies. SPG specializes in the development, financing, engineering, construction, as well as operations and maintenance of commercial and utility scale solar installations. Solar Provider Group has completed over 200 projects globally, including over 50 MW of commercial scale solar projects in Ontario.

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Oct 5
2016
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Solar Provider Group builds seven solar facilities on school rooftops in partnership with Hamilton-Wentworth District School Board

Toronto, October 5th, 2016 – Today, Solar Provider Group, a vertically integrated global leader in the development, construction and operation of solar PV electrical generation assets, is announcing a partnership with Hamilton-Wentworth District School Board (HWDSB) to bring nearly 1 MW of rooftop solar generation to fruition atop seven schools in the district. Construction of the seven projects was completed diligently within 10 weeks with interconnection to the local electricity grid and power production scheduled for late September.

“Solar Provider Group is proud to partner with HWDSB to bring clean, renewable electricity to these schools and their surrounding communities.” said Sebastian Seyfarth, CEO, Solar Provider Group. “This will mark the second School Board that Solar Provider Group has partnered with and we applaud HWDSB’s leadership on the environment.”

HWDSB is making the solar power generation projects possible by leasing roof space to Solar Provider Group at these seven schools. Developed under Ontario’s Feed-In-Tariff program, the seven projects have peak output capacity of 923 kilowatts. Together, the seven systems employ 2,979 solar modules which are expected to produce a combined total of approximately 1,093 MWh of clean, pollution-free electricity annually. Apart from their environmental benefits, the projects have generated a number of engineering, construction and project management jobs, boosting local economic growth.

KB Racking Inc., an Ontario-based manufacturer of best-in-class mounting systems for solar installations, supplied their EkonoRack 2.0 mounting solution – a lightweight, non-penetrating system designed for rapid installation. The solar systems will provide an added benefit of protecting the school rooftops from the sun and elements, extending the lifetime of the roof on all seven buildings.

Solar Provider Group has completed over 100 commercial-scale solar projects under Ontario’s Feed-In-Tariff program, in addition to the development of many more commercial, utility-scale and community solar projects across the United States, the United Kingdom and the European Union.

About Solar Provider Group

Solar Provider Group is one of the world’s leading, fully integrated solar PV companies. SPG specializes in the development, financing, engineering, construction as well as the operation and maintenance of commercial and utility-scale solar installations. With more than 10 years of experience in solar spanning multiple continents, Solar Provider Group has completed hundreds of solar projects globally, working with Fortune 500 companies, leading REITs, municipalities and other government entities. Learn more at www.www.solarprovidergroup.com