Carmanah Technologies: $550,000 Order

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A City of Toronto parking facility is getting a green upgrade with solar power technology from Carmanah Technologies. Valued at more than $550,000, the grid-tie system will help the multilevel parking facility to control energy costs, while reducing its reliance on the Toronto Hydro distribution system.

Starting with a structural upgrade to strengthen existing rooftop supports, the project will include a web-based performance-monitoring system that tracks system status, power production and environmental variables to ensure optimal operation. While helping the City of Toronto meet its renewable energy goals, the integrated solar power system can also generate revenue through contract-based incentives such as the Ontario Power Authority's proposed Feed-in Tariff (FIT) program.

While offering immediate benefits in the form of reduced energy consumption, lower monthly electricity bills and ongoing revenue generation, the system's rooftop array will serve as a highly visible symbol of the City of Toronto's commitment to a sustainable future powered by clean and efficient renewable energy technology.

Based in Victoria BC, Carmanah Technologies is a leading provider of solar power systems for grid-tie applications across Canada. Other recent grid-tie applications include the Toronto Parking Authority, and the Jean Canfield Government Building in Prince Edward Island - named Canada's 2008 Solar Project of the Year by the Canadian Solar Industries Association (CanSIA).

For more information on this or other solar grid-tie applications within Canada, contact Richard Wayte at [email protected], or visit Carmanah at www.solarforbuildings.com.


About Carmanah Technologies Corporation
As one of the most trusted names in solar technology, Carmanah has earned a reputation for delivering strong and effective products for industrial applications worldwide. Industry proven to perform reliably in some of the world's harshest environments, Carmanah solar LED lights and solar power systems provide a durable, dependable and cost effective energy alternative. Carmanah is a publicly traded company, with common shares listed on the Toronto Stock Exchange under the symbol "CMH". For more information, visit carmanah.com.

Contact:
Investor Relations
Roland Sartorius, Chief Financial Officer
Toll-Free: 1.877.722.8877
[email protected]
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