Roseville’s SPI Solar lands New Jersey resort project
mglover@sacbee.com Published Wednesday, May. 09, 2012
The solar power business pipeline between the Sacramento area and New Jersey continues to produce energy projects and hundreds of jobs.
On Tuesday, Roseville-based SPI Solar said it has an agreement to design and build multiple solar energy facilities in New Jersey.
The deal with a subsidiary of New Jersey-based KDC Solar LLC calls for construction at the Mountain Creek Resort and Grand Cascades Golf Resort in Vernon, N.J.
Specific financial terms of the deal were not disclosed.
KDC will own and operate the three facilities, which will include a mix of fixed ground components and custom-made solar parking canopies. The combined sites will provide more than 8 million kilowatt hours of solar electricity generation per year.
The deal is the latest in a series of New Jersey projects involving Sacramento-area companies lured by Garden State incentives, which are considered some of the most attractive in the solar industry.
El Dorado Hills-based solar power developer Premier Power Renewable Energy Inc. has likewise benefited.
To read the entire article go to: http://www.sacbee.com/2012/05/09/4476216/rosevilles-spi-solar-lands-new.html
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