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Thursday, 06/09/2011 11:41:02 AM

Thursday, June 09, 2011 11:41:02 AM

Post# of 19308
AWSL NEWS.......OPA formally approved three PPA applications...

TORONTO, Jun 09 (MARKET WIRE) --
Atlantic Wind & Solar Inc. (PINKSHEETS: AWSL) is pleased to report that
the Ontario Power Authority (OPA) has formally approved three of its
initial Capacity Allocation Exempt (CAE) Power Purchase Agreement (PPA)
applications, permitting the advancement of its first Ontario-based,
rooftop solar energy parks.

Representing approximately $13 million in secured gross revenues for the
Company and its financial partners, these first three, fully processed,
wholly owned, Feed In Tariff (FIT) contracts are the first of
approximately 150 large, utility scale, rooftop solar energy projects the
Company has been working on over the past two years.

Atlantic Wind & Solar CEO, Mr. Gilles Trahan, comments, "We have waited a
long time by the side of our patient shareholders and channel partners
for these initial contracts to be processed. They represent a long chain
of coming progress for AWSL and its stakeholders... progress that will
help elevate the Company to new levels of future success."

The Company is in the process of completing final engineering and
procurement for each of the projects and looks forward to announcing
construction commencement dates in the near future.

All three projects are expected to be completed in 2011.

For more information about Atlantic, please view the Company's 3 minute
video introduction at:


Disclaimer: Shareholders and investors are strongly cautioned against
placing undue reliance on information set forth in these communications
in making any investment decisions concerning our securities. The matters
set forth in this press release are forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
subject to risks and uncertainties that may cause actual results to
differ materially. These risks are detailed from time to time in the
Company's periodic reports filed with the OTCMarkets.com including the
company's Annual Report, Quarterly Reports and other periodic filings.
These forward-looking statements speak only as of the date hereof. The
Company disclaims any intent or obligation to update these
forward-looking statements.


Investor Relations Contact:
Mr. Brent O'Connor
+1 416-900-0380 ext. 223
ir@atlanticwindandsolar.com

Copyright 2011, Market Wire, All rights reserved.

http://www.reuters.com/article/2011/06/09/idUS127891+09-Jun-2011+MW20110609


***** ADDITIONAL LINKS *****


Ontario Power Authority (OPA) CAE news of 839 FIT project contract offers:

http://fit.powerauthority.on.ca/third-round-mid-sized-renewable-energy-contracts-offered

FIT Contract Offers:

http://fit.powerauthority.on.ca/sites/default/files/FIT%20Program%20List%20of%20CAE%20Contract%20Offers%20-%20Phase%203.pdf

AWSL - Atlantic Solar name shown on FIT Offers; relationship link:

http://www.renewableenergyworld.com/rea/partner/atlantic-wind-solar-inc/news/article/2010/03/awsl-subsidiary-atlantic-solar-inc-has-competitive-technological-advantage-through-its-advanced-cit-intends-to-expand-cit-manufacturing

Recent informative videos on AWSL website:

http://www.atlanticwindandsolar.com/index.html

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