SunPower, Colorado Springs Utilities to establish 6 MW PV factory
(ADPnews) - Nov 3, 2010 - US photovoltaic (PV) equipment maker SunPower Corp (NASDAQ:SPWRA) and Colorado Springs Utilities on Monday announced that they will jointly develop a 6 MW solar power system at the US Air Force Academy in Colorado.
Under the agreement, SunPower and Springs Utilities will each hold 50% of the renewable energy credits (RECs) and environmental benefits associated with the system, which will be funded by the American Recovery and Reinvestment Act of 2009 (ARRA).
The partners will kick off the construction works this month. The facility, located on a 30-acre (12.14 hectare) site, is expected to come on stream by summer 2011.
The project is planned to utilise SunPower's PV panels with the SunPower Tracker system, which follows the sun's movement during the day, increasing sunlight capture by up to 25% over conventional fixed-tilt systems.
The US Environmental Protection Agency estimates that the system at the Air Force Academy will avoid over 9,400 tonnes of carbon dioxide (CO2) emissions each year.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.