Q-Cells and ATS will each hold a 50% stake in the new venture, with both expected to provide project development expertise and engineering, procurement and construction services.
Q-Cells shares jumped 5% on the news, on a day when the wider markets also rose.
Q-Cells says the new project developer, known as Ontario Solar PV Fields, has already received conditional feed-in tariff contracts from the Ontario Power Authority (OPA) for seven ground-mounted projects totalling 64MW.
That
