AES Distributed Energy Announces Completion of 700 kW Rooftop Solar Project at Golden 1 Center in California
October 27 2016 - 11:05AM
Business Wire
AES Distributed Energy, Inc. (AES DE), a subsidiary of The AES
Corporation (NYSE: AES), today announced the completion of a 700
kilowatt (kW) rooftop solar system in Sacramento, California
located at the Golden 1 Center, the world’s first LEED Platinum
Indoor arena and the home of the National Basketball Association’s
Sacramento Kings. AES DE co-developed the project with SPI Solar,
Inc., a wholly owned subsidiary of SPI Energy Co., Ltd. (“SPI
Energy”) (Nasdaq: SPI).
“We are excited to be a part of this innovative project that
showcases how our nation’s sports and entertainment venues can
offer environmentally sustainable solutions,” said Woody Rubin,
President of AES Distributed Energy. “Our team is honored to
partner with the Sacramento Kings and SPI Energy to deliver the
benefits of renewable energy.”
AES DE entered into a 20-year power purchase agreement with the
Sacramento Kings to own and operate the projects. The solar system
utilized SunGrow inverters, SPI Energy panels and AET racking and
was completed prior to opening night of the new arena.
This rooftop array, in conjunction with the Rancho Seco solar
array located in Herald, CA, will supply the stadium with 100% of
its electricity demands. The Golden 1 Center is expected to be the
first indoor arena in the world to receive its entire power supply
from solar energy sourced within 50 miles of the facility.
“The successful development and completion of the Sacramento
Kings project is another strong testament to our reliable and high
quality products,” said Xiaofeng Peng, Chairman and CEO of SPI
Energy. “We are delighted to witness the Golden 1 Center become the
first indoor arena in the world to utilize all solar energy. We are
pleased to be working with AES DE on this project, and we expect
the partnership to continue as we develop more rooftop solar
projects in the region and throughout the nation.”
About AES Distributed Energy, Inc.
AES Distributed Energy brings reliable and affordable solar
power to schools, municipalities, utilities, and private-sector
commercial entities. We develop, own and operate distributed
generation solar PV projects. Our partnerships with EPC
contractors, equipment manufacturers and project financiers enable
us to build and structure turnkey, distributed solar PV solutions
that require no upfront capital outlay. AES Distributed Energy has
over 100 MW of distributed generation solar PV projects in
operation or under construction in the US with an additional 100+
MW in development.
To learn more, please visit www.aesdistributedenergy.com.
About SPI Energy Co., Ltd.
SPI Energy Co., Ltd. is a global provider of photovoltaic (PV)
solutions for business, residential, government and utility
customers and investors. SPI Energy focuses on the downstream PV
market including the development, financing, installation,
operation and sale of utility-scale and residential solar power
projects in China, Japan, Europe and North America. The Company
operates an innovative online energy e-commerce and investment
platform, www.solarbao.com, which
enables individual and institutional investors to purchase
innovative PV-based investment and other products; as well as
www.solartao.com, a B2B e-commerce
platform offering a range of PV products for both upstream and
downstream suppliers and customers. The Company has its operating
headquarters in Shanghai and maintains global operations in Asia,
Europe, North America and Australia.
For additional information visit: www.spisolar.com, www.solarbao.com or www.solartao.com.
Safe Harbor Statement
This release contains certain “forward-looking statements.”
These statements are forward-looking in nature and subject to risks
and uncertainties that may cause actual results to differ
materially. All forward-looking statements included in this release
are based upon information available to the Company as of the date
of this release, which may change, and the Company undertakes no
obligation to update or revise any forward-looking statements,
except as may be required under applicable securities law.
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version on businesswire.com: http://www.businesswire.com/news/home/20161027006173/en/
AES Distributed Energy, Inc. (AES DE)Media Contact:Brandi
Davis-Handy, 317-261-8423brandi.davishandy@aes.com
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