SunPower Corp. and Bank of America have announced that SunPower will design and construct a 1 MW solar power system at the Yolo County Justice Center in Woodland, Calif. The solar power system, which is expected to be complete by September, will utilize SunPower solar panels and the SunPower Tracker system.
Yolo County, which will own 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 the county in securing a 15-year loan from the California Energy Commission.
SOURCE: SunPower Corp.