SunPower has completed the design and construction of a 1 MW solar power system at the Yolo County Justice Campus in Woodland, Calif. Yolo County, which owns the system and associated renewable energy credits, is financing the purchase using multiple funding sources, including clean renewable energy bonds and qualified energy conservation bonds available through the American Recovery and Reinvestment Act of 2009.
In addition to the subsidized bonds, which were financed by Bank of America, SunPower assisted Yolo County in securing a 15-year loan from the California Energy Commission.
‘With the funding we secured as a result of the 2009 federal stimulus bill and the California Energy Commission loan, Yolo County has no out-of-pocket expenses to build this project, and will be net-cashflow-positive from the first day of the system's operation,’ says Yolo County Board of Supervisors Chairwoman Helen M. Thomson.
The solar power system, which was completed six weeks ahead of schedule, utilizes SunPower solar panels with the SunPower Tracker system.
SOURCE: SunPower Corp.
