ARISE Awarded Contract to Install Rooftop Solar System on University of Waterloo's Faculty of Environment Building

Friday, Jul 08, 2011

ARISE Technologies Corporation ("ARISE" or "the Company') (TSX: APV and Frankfurt: A3T), a leader in high-performance, high-quality, cost-effective solar technology, today announced that its Systems Division has been awarded a contract to supply a 70 kilowatt ("kW") photovoltaic ("PV") rooftop solar system to the University of Waterloo's newly expanded Faculty of Environment building, named ENV3.

"This flagship building is on track to achieve LEED Platinum certification, displaying the latest in sustainable design, material, process and technology," said Bill Cooper, CEO of Cooper Construction, the building's contractor. "ARISE's photovoltaic system is an integral part of realizing this goal as it allows us to optimize energy performance and aligns with best practices in creating sustainable, green buildings."

"This project represents an opportunity for ARISE to showcase our best-in-class PV systems," said Dan Shea, President and CEO of ARISE. "Our solar energy solution will aid in the achievement of the LEED Platinum certification by improving energy efficiency."

ARISE's solar power system will span a large section of ENV3's roof and will generate 60,000 kilowatt hours per year. The $20 million, 57,000-square foot ENV3 building is scheduled to open in fall, 2011.

Source: Canada Wire