Sunvalley Solar, Inc. (OTC Bulletin Board: SSOL), a leading provider of solar power technology and solar integration systems, announced that it has signed a commercial solar installation contract with Seaview Packing in Coachella, California.
Seaview Ranch, one of the largest kumquat and sweet lime suppliers in the US, has been operated by Ron Jensen and his family since 1983. The ranch, originally owned by a long-since defunct produce company in the Los Angeles Wholesale Produce Market, has a rich farming history with the first kumquat trees being planted in the late 1950's.
Sunvalley was awarded a contract to design and install a solar power system to provide alternative energy to this historical Ranch. The 145.16 Kilowatt solar power system is comprised of 1,528 solar panels from Tianwei Solarfilms and one 100KW plus one 35KW solar inverters from PV Powered with a total contracted value of approximately $663,381. The contract is supported by nearly $318K of solar incentive rebates from the local utility company and about $200K of Federal Tax Cash Grants from the Federal Treasury Department.
The solar system is expected to generate 224,364 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 installation for Seaview Packing Inc. will begin in February of 2011.