Sunvalley Solar, Inc. (OTC Bulletin Board:http://finance.yahoo.com/q?s=ssol.ob – http://finance.yahoo.com/q/h?s=ssol.ob), a leading provider of solar power technology and solar integration systems, announced that it has signed a commercial solar installation contract with Vessey & Co in Holtville, California.
Vessey and Company, Inc, a 4th generation produce grower and shipper, is located in the Imperial Valley. This 10,000 acre family farm grows over 25 different types of fruit, and vegetables both conventionally and organically. Vessey & Co., formerly located in Wisconsin, has been a highly regarded produce grower since the early 1900s.
The Vessey contract consists of 572 solar panels from Tianwei Solarfilms and one 50KW solar inverter from PV Powered. The total contracted value is approximately $249,964. The contract is supported by ~$120K of solar incentive rebates from the local utility company and ~$75K of Federal Tax Cash Grants from the Federal Treasury Department.
This solar system is expected to generate 93,435 Kilowatt hours of electricity annually. During the peak months of May through October the system will generate surplus power and earn credits with Imperial Irrigation District Utility, offsetting the less sunny winter months.
The installations for the Vessey & Co Inc. 54.34KW solar systems will begin in the middle of 2011.
About Sunvalley Solar, Inc.
Sunvalley Solar, Inc. is a leading solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipments, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities that assist them in lowering of utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy. Located in Los Angeles, California, Sunvalley Solar, Inc. is committed to reducing the world’s carbon foot print from traditional energy sources to make renewable sources such as solar, the nation’s mainstream source of power.
To learn more, visit http://us.lrd.yahoo.com/SIG=116p8o0gt/**http%3A/www.sunvalleysolarinc.com/.
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