The Toronto District School Board has struck an “historic” handle a green energy developer to location solar panels on hundreds of schools, even though offsetting the expense of badly required roof repairs.

The agreement with Amp Solar Limited will see photovoltaic panels go on as much as 450 roofs more than the following twenty years. The board says that there isn’t any cost towards the TDSB, and Amp will pay for all the project charges.

Amp makes funds by promoting the power back towards the grid, while the TDSB gets roof repairs, plus a share of long term income, all worth about $120-million for the school board. Sixty one schools with tarps on their roofs get first dibs on repairs, which are expected to start out next spring.

“This is really a historic deal that will lead to green energy for the community at no price, plus a long term technique for millions of square feet of roof replacement for the Toronto District School Board,” said TDSB Chair Chris Bolton.Once totally installed, the panels are expected to create in between 58 and 66 megawatts of electrical energy every year, which can be adequate to power six,000 households in Toronto.

“This is a win-win for everyone involved,” stated TDSB director of education Chris Spence. “I am enormously proud to say at the TDSB we walk the talk and we are top the way to a greener community.” The amount of roofs that get repairs is contingent on the number of applications the provincial government approves for its Feed-in Tarif system, which pays people or institutions for the renewable energy they create.