SunLight General Capital, a solar energy developer and financier, has begun construction on a $1 million, 200 kW solar electric power generating project at Ansonia High School in Ansonia, Conn. Ansonia High School is the city's largest consumer of energy.
The project, which is expected to generate nearly 230,000 kWh of energy each year, will be built at no expense to the City of Ansonia, the company notes. Under a power purchase agreement, SunLight General financed and owns the installation and will sell the power produced to the school.
In addition to the funding provided by SunLight General Capital, the project will receive a grant of more than $400,000 through the Connecticut Clean Energy Fund's Regional Greenhouse Gas Initiative funding pool.
SOURCE: SunLight General Capital