WALNUT, Calif., Jan. 28, 2011 /PRNewswire/ -- 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 Crop Production Services in Imperial, California..
The 45.6 Kilowatt solar power system is comprised of 480 solar panels from Tianwei Solarfilms and one 50KW solar inverter from PV Powered. The total contracted value is approximately $209,760. The contract is supported by ~$100K of solar incentive rebates from the local utility company and ~$63K of Federal Tax Cash Grants from the Federal Treasury Department.
The solar system is expected to generate 77,673 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 Crop Production Services Inc. will begin in early 2011.