Clear Skies Group, a wholly-owned subsidiary of Clear Skies Solar Inc., has partnered with SGFP 2 LLC to provide solar power to the real estate investment fund's active-living community project in DeKalb County, Ga., located outside of Atlanta.
Under the $6.5 million agreement, Clear Skies will provide a 900 kW solar power generation facility, which is expected to save community residents approximately 80% on their anticipated utility costs.
Contingent on obtaining financing, the project is in the final stages of permitting. Construction, anticipated to commence in early 2009, will consist of two phases. The first phase will include construction of a 330 kW installation with the capacity to serve 55 ranch-style town homes. Phase two will incorporate another 570 kW to serve an additional 95 town homes.
