http://www.renewableaccess.com/rea/news/story?id=50149DT Solar, a Turner Renewable Energy company, and Hall's Warehouse Corporation, a family-owned refrigerated and frozen food storage and distribution company, announced an agreement to build a 2-megawatt (MW) solar electric power system to supply electricity to their facility in South Plainfield, New Jersey. The companies say that when completed, this project will be the largest rooftop solar electric system serving a private company in the United States.
The solar power system in South Plainfield, NJ will consist of approximately 13,500 solar modules.
Hall's will make no up-front investment in the solar project. Instead, Hall's will purchase all of the electricity produced by the system under a long-term agreement at rates below what they would pay the local utility for electricity.
DT Solar will design, build and operate the system, and work with an investment partner to finance the cost of the installation. Revenue from electricity sales to Hall's, and the sale of Solar Renewable Energy Certificates (SRECs) to New Jersey electric utilities, will pay for the investment over time. <more>
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