Tioga Energy, Energy Finance commission 473-kW solar plant in New Jersey
Jul 24, 2012 - US solar power retailer Tioga Energy Inc and Energy Finance, a provider of financing for solar power systems, today inaugurated the completion of a 473-kW solar power system for the Wildwoods Convention Centre in New Jersey.
Tioga developed the project, while Energy Finance provided the financing and will own and operate the system. The Wildwoods Convention Centre will buy the output of the system under a power purchase agreement (PPA) at rates below the local utility's prices, Tioga Energy said in a statement today.
The solar system is expected to produce enough power to meet 24% of the power needs of the convention centre and save 179 tonnes of greenhouse gas emissions a year, according to the statement.
US energy consultancy Gabel Associates supported the convention centre during the project's development. Local renewable energy and energy efficiency solutions provider Pro-Tech Energy Solutions was the engineering, procurement and construction (EPC) manager for the project.