BERMUDA REGULATORY AUTHORITY APPROVES SATURN POWER’S OPERATING LICENSE

BERMUDA REGULATORY AUTHORITY APPROVES SATURN POWER’S OPERATING LICENSE

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Saturn Power Inc., a Canadian renewable energy developer, through its affiliate, Saturn Solar Bermuda 1 Ltd. was recently awarded a Bulk Generation License by Bermuda’s Regulatory Authority for their 6 MW Solar Power project. Saturn’s project, which is located on “The Finger” at the L.F. Wade International Airport on St. David’s Island in Bermuda, began construction in 2019 and is nearing commercial operation with the prospect of generation in the near future. Along with government-owned Tynes Bay Waste-to-Energy and local electricity supplier BELCO, Saturn Solar Bermuda 1 Ltd. is now one of only three organizations that hold a generation license in Bermuda.
Saturn PowerSaturnPower is the leading Canadian renewable & energy storage developer based in Baden, Ontario that brings >15yrs of experience in successfully developed >200 MW of operating solar, wind and energy storage projects of a total market value of $350M+ CAD. With the early involvement in the Ontario energy storage market SaturnPower has played an instrumental role in delivering some of the most significant battery energy storage (BESS) projects in Ontario including a behind-the-meter BESS at the largest nuclear plant in the World and grid-connected BESS which is currently the largest BESS in Canada. SaturnPower is currently working with several mining companies in Ontario, towards a deployment of large-scale behind-the-meter BESS solutions.

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