Wednesday, November 14, 2007

Santa Cruz City School System Awards 950 kW Solar Project to UPC Solar

CHICAGO--(BUSINESS WIRE)--UPC Solar, a leading solar power development company, today announced an agreement to build solar crystalline PV systems for seven Santa Cruz City Schools totaling 950 kW of installed capacity. Won in a competitive bidding situation, UPC Solar was awarded seven of the 9 schools on which Santa Cruz City Schools will have solar power systems built.

The project will be designed, installed, owned and operated by UPC Solar under a long-term Power Purchase Agreement (PPA) with the Santa Cruz City Schools District. The systems will provide 90% of each schools total annual electricity requirements and 100% of the most expensive peak demand requirements. Importantly, the projects will avoid annual greenhouse gas (CO2) emissions by 1,774,008 pounds, Nitrogen Oxides (NOx) emissions by 613 pounds and Sulfur Dioxide (SO2) emissions by 91 pounds.

This agreement represents an important contribution to the environment as well as an important cost savings to the school system, noted Richard C. Moss, Assistant Superintendent, Business Services Santa Cruz City Schools. The Santa Cruz City School system is also providing an important leadership message regarding the environment to the students, parents, school staff and the local community. Were excited to have the Santa Cruz City School system as one of our long-term green energy customers, said Morten Sissener, President and CEO, UPC Solar.


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