Secure Futures LLC, a solar energy developer, has signed an agreement with Eastern Mennonite University (EMU) to install a solar photovoltaic array on the roof of EMU's main library.
The system, scheduled for installation in October and November, will have the capacity to generate 104 kW, making it the largest solar project in Virginia, according to Secure Futures. During construction of the library array, Secure Futures will seek investors to complete the financing for a second solar array consisting of 300 kW of solar panels on raised solar canopies above the north parking lot of EMU's University Commons.
EMU has entered into a 20-year power purchase agreement to buy the solar-generated electricity at grid-parity pricing paid by EMU to its current provider, the Harrisonburg Electric Commission.
SunPower is supplying over 300 solar modules for the project. With assistance from local contractors, the entire system – solar panels, inverters, conduits and monitoring equipment – will be installed and maintained by Southern Energy Management, based in Morrisville, N.C.
SOURCE: Secure Futures LLC