Dec 10 2010
Spark Solar, an Oakville Ontario-based company, which has been in the solar business for just over 12 months, has already earned a reputation for providing end-to-end solutions, and speedy implementation of solar projects.
The company is also engaged in the discussion processes with local and provincial energy companies in working along with the provisions of the Green Energy Act.
According to Andrew Clark, Spark Solars CEO, the solar industry in Ontario is undergoing a total change and it is slowly moving up from the basic level of planning the projects, receiving permissions and executing the projects for the users because the clients demand more than that. He explained that his company foresees and redresses the problems of its clients during the development of a project itself and does not hesitate to opt for strategic partners where it lacks expertise in addressing the particular problem of a client. He added that to address the issues such as funding and supply chain management his company has entered into a strategic alliance with Brookfield Financial, a fully owned auxiliary of Brookfield Asset Management, to receive strategic and fiscal guidance and assistance with regard to the stipulations of debt and equity raising. He explained that his company has drawn the attention of Lockheed Martin Canada for engineering, procurement and construction (EPC) services. He said that the business model and the transaction flow followed by his company draws attention from a number of regional and global construction companies.
Gregory Smith, Brookfield Financial’s Managing Partner, expressed happiness to partner with Spark Solar and said that the solar segment has reached the transition stage where the production suppliers and financial companies have become choosy. He clarified that the approach of the company and their focus on executing the projects makes Spark Solar a dependable company.