Monday 4 July 2011

Solarsense Completes Development And Financing Of 2 15 Mw Of Allearth Solar Tracker Projects

Solarsense Completes Development And Financing Of 2 15 Mw Of Allearth Solar Tracker Projects
SolarSense announces the commissioning and financing of 2.15 MW of net metering projects utilizing American-made AllEarth Solar Trackers.

SolarSense, a provider of clean, reliable and affordable power for commercial and industrial scale customers in the U.S., announced the commissioning and financing of 2.15 MW of net metering projects utilizing American-made AllEarth Solar Trackers.

The five solar tracking projects, all net metered in Vermont, were commissioned and placed in service in the fourth quarter of 2014.

Among the projects were three, 500 kW projects for the State of Vermont, providing solar energy at below market rates to correctional facilities and state office buildings.

Two additional projects are providing solar energy to three prominent Vermont businesses - Danforth Pewter, Gardener's Supply, and Wake Robin. All projects are retaining the Renewable Energy Credits associated with the energy production.

The five projects were all constructed utilizing AllEarth Solar Trackers, manufactured in Williston, Vt. by AllEarth Renewables, which track the sun throughout the day to maximize energy production. The award-winning trackers are utilized across the U.S. for residential and commercial scale solar projects.

The 24-panel trackers are equipped with SunPower solar panels, the most efficient solar photovoltaic (PV) panel commercially available. SunPower Corp. (NASDAQ: SPWR) is a leading solar technology and global energy services provider based in Silicon Valley, California.

Building on the success of 2014, SolarSense and AllEarth will develop, construct, and finance 6MW of net metering projects in 2015-2016, largely for State of Vermont facilities and their power needs.

"The optimized design pairing of ultra-high efficiency SunPower solar panels with the reliable AllEarth dual axis tracker to harvest the sun has proven to be a winning combination," said Chris Fraga, founder and CEO of SolarSense LLC, the project developer. "We celebrate the State of Vermont's commitment to sourcing solar generated power through long term Power Purchase Agreements, and the commitment to sustainability by the teams at Danforth Pewter, Gardener's Supply, and Wake Robin."

"We are excited to be working with SolarSense as a financing partner. Their expertise in financing renewable energy projects around the country will help us continue our national growth," said David Blittersdorf, president and CEO of AllEarth Renewables. "By utilizing our tracking technology, we can maximize production, boosting the total solar savings for both the off-taking customers and the economic returns for the owners of each project."

The post SolarSense completes development and financing of 2.15 MW of AllEarth Solar Tracker projects appeared first on World Of Photovoltaics.