Solar Power Inc. (SPI), Roseville, Calif., with its joint venture partner Solar Power Integrators, has received approval from the Santa Rosa City School District's board of directors to contract to convert 10 of the district's schools to photovoltaic solar electric systems – a project worth approximately $23 million.
SPI will provide design and installation services and material for the project and is expected to realize approximately $20 million of the total project revenue for these contributions.
Solar Power Integrators will act as the project construction manager, and SPI will also receive a portion of the construction management revenue through its interest in this joint venture partnership. Individual systems within the district will range from 20 kW to 687 kW.
Preliminary work on the project is to begin immediately, with a targeted completion date of October 2008.
