Scottsdale 9/17/2010 2:07:24 AM
Sunvalley Solar, Inc. (SSOL.OB) Signs $3.69M Solar Installation Contract
QualityStocks would like to highlight Sunvalley Solar Inc. (OTCBB: SSOL), a leading solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipment, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities.
In the company’s news yesterday,
Sunvalley Solar announced the signing of the biggest commercial solar installation contract in the company’s history today.
With a contract value in excess of $3.69M, the proposed 804 kW installation will be comprised of three systems containing 8,460 solar panels, and will be installed at one of the biggest farms in the US, Long Life Farm in Thermal City, California, near Palm Springs.
The four-decade old Long Life Farm has a huge operation in CA, with over 172 acres of organic vegetables and some 5 acres of fisheries, making it an ideal location for such a forward-thinking clean energy project, which is estimated to generate 1,446,464 kWh annually.
President of Long Life Farms, Ken Ka Vong, noted how important it was to be on the “cutting edge of a green revolution” to both the farm and its green/organic customers.
The system will provide most of the electricity required by the farm’s irrigation system and fresh fish/vegetable storage infrastructure, even generating a surplus during peak months (May-October), which will help to offset the less sunny months.
Projections indicate the ability to offset some 55M lbs of CO2 over the lifetime of the farm, the equivalent of planting some 26.6k trees or taking almost 200 cars off America’s roads.
CEO of SSOL, James Zhang, called this installation particularly meaningful to the Company as it is both the largest one to date and also the first chance to utilize the thin-film solar panels.
Zhang pledged that SSOL will work hand in hand with the City of Thermal, Long Life Farms, PV Powered and Tianwei Solarfilms to ensure that the project is able to achieve its full potential.
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