EWING, N.J.--(BUSINESS WIRE)--WorldWater & Solar Technologies Corp. (OTC BB: WWAT.OB), developer and marketer of proprietary high-horsepower solar systems, today announced that it has completed installation of a 1.1 MW solar power system for the Valley Center Municipal Water District (VCMWD) of Valley Center, California. The system, which was financed and will be owned, operated, and maintained by Solar Power Partners, Inc. (SPP) of Mill Valley, California, will provide 2.1 million kWh per year of electricity for the district, offsetting up to 20% of the electricity required by their largest pumping station.
The project was developed using a solar Power Purchase Agreement, which required no cash outlay from VCMWD, who will purchase the generated power from SPP for the twenty-five year life of the agreement.
“I am pleased to announce the successful completion of our flat-plate solar installation at Valley Center, on schedule and to the client’s specifications,” said Frank Smith, CEO, WorldWater and Solar Technologies. “This is another example of our ability to deliver ‘best in class’ solar technology to large commercial clients, as we did for Denver International Airport and Fresno Yosemite International Airport. The experience gained from these installations will serve us well as we look to bring our ENTECH CPV and CPVT modules to the market this year.”
“Solar Power Partners is proud to partner with WorldWater and Valley Center on this exciting solar solution. This facility is a wonderful example of what can be accomplished when water districts adopt solar and support renewable energy,” said Alexander v. Welczeck, President and CEO of Solar Power Partners.
“After almost three years of negotiating, planning, and implementation, it is very rewarding to finally see this 'double green' project come to life,” says Gary Arant, General Manager, Valley Center Municipal Water District. “This will provide long-term financial benefits for our agency and community, as well as a reduced carbon production environment - thus double green.”
Additional partners on this project included Sharp Solar, which supplied the panels for the project, and Xantrex Technology Inc., a subsidiary of Schneider Electric, which provided the inverters.
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