Atlantic Completes Another Utility Scale Solar Project in Canada - Launches New YieldCo

The power will be sold under the province's Feed-In-Tariff program.

TORONTO, May 28, 2015 -- Atlantic Wind & Solar, Inc. (OTC: AWSL) is pleased to announce it has completed construction on a 160 KW utility scale solar project in Canada and announces the launch of a newly formed Yieldco.


The $1.0 million commercial rooftop installation is expected to produce 3,300 megawatt hours of power over the next 20 years supplying Ontario with clean reliable energy. The power will be sold under the province's Feed-In-Tariff program.

Atlantic has received Commercial Operation Notice from Ontario's Independent Electricity System Operator (IESO) - formerly the Ontario Power Authority (OPA).

The solar power plant was developed by our Canadian subsidiary Atlantic Solar Inc.

Power 1=
Atlantic is also pleased to announce the formation of Power 1 Inc. The new wholly owned subsidiary is intended to be the off-taker of Atlantic developed projects.

Power 1 would purchase and hold projects developed by Atlantic and other developers if conditions warrant. The aim is to provide a reliable yield generated from ongoing power sales.

Financing of Power 1 would be direct with no dilution to Atlantic Wind & Solar shareholders. Management is in discussion with potential financiers and advisors and expects to announce more details in the near future.

About Atlantic Wind and Solar Inc:
Atlantic is a developer of utility scale renewable energy plants with over 650 MW's of projects at various stages of development in Canada, South America, South Asia and the Caribbean.

To learn more and/or sign up for news alerts and updates visit the company's web site at: www.AtlanticWindandSolar.com.

Featured Product

U.S. BATTERY RENEWABLE ENERGY SERIES DEEP CYCLE BATTERIES

U.S. BATTERY RENEWABLE ENERGY SERIES DEEP CYCLE BATTERIES

Our RE Series batteries are designed to provide the highest peak capacity, longest cycle life, and greatest reliability for use in industrial or residential renewable energy applications. Renewable Energy Series batteries utilize the company's exclusive XC2™ formulation and Diamond Plate Technology® to create the industry's most efficient battery plates, delivering greater watt-hours per liter and watt-hours per kilogram than any other flooded lead-acid battery in the market. Our Deep Cycle batteries are engineered to work with solar panels as well as other renewable energy applications.