WALNUT, Calif., June 17, 2014 /PRNewswire/ -- Sunvalley Solar, Inc. (SSOL), a leading turnkey
solar energy solution provider in the commercial and agricultural
industries, announced today that it has been awarded a new 676.5 KW
solar system installation contract for Raven Farms in Selma, CA.
"We understand growers have high and variable energy needs.
Unexpected increases in electricity prices have a costly impact on
their bottom line. With California's drought, most farmers may have to
turn to wells to pump water. This, in turn, will increase their
demand for electricity and thereby increase the overall cost of
doing business. In addition, the new NEMA (Net Energy Metering
Aggregated) program, skyrocketing electric bills and low interest
rates have created an opportune environment for adopting solar
power solutions. Raven Farms, by switching to solar power has
effectively removed the variability of cost of goods due to
fluctuating energy costs and demands. With NEMA, we are able to
build a single central solar power system to offset multiple
meters," said Mehmet Cercioglu,
Director of Business Development of Sunvalley Solar.
Once completed, the system will generate more than 1.1 million
kWh of clean energy to offset 75% of the facility's electric bill.
The system is expected to pay for itself in roughly 4 years
and reduce the plant's carbon footprint by over 1.6 million pounds
of CO2 per year.
Raven Farms is but one of the many growers, packers, dairies and
cold storage facilities throughout the state that Sunvalley Solar has helped since 2007.
About Sunvalley Solar, Inc.
Sunvalley Solar, Inc. is a
leading solar system solution provider that offers comprehensive
solar energy technology, system design, installation, equipments,
and technical support for electrical contractors, builders,
homeowners, businesses/commercial buildings, and government
entities that assist them in lowering of utility bills, reducing
environmental impacts, and increasing energy reliability and
independence through solar energy. Located in Los Angeles, California, Sunvalley Solar, Inc. is committed to reducing
the world's carbon foot print from traditional energy sources to
make renewable sources such as solar the nation's mainstream source
of power.
To learn more, visit www.sunvalleysolarinc.com.
Forward-Looking Statement: The statements in the press release
that relate to the Company's expectations with regard to the future
impact on the Company's results from acquisitions or actions in
development are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The
statements in this document may also contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
When used in this press release, the words "anticipate," "believe,"
"estimate," "may," "intend," "expect" and similar expressions
identify such forward-looking statements. Forward-looking
statements are subject to risks, uncertainties, and other factors
that could cause actual results to differ materially from those
contained in such statements. Such risks, uncertainties, and
factors include, but are not limited to, future capital needs,
changes, and delays in product development plans and schedules, or
market acceptance.
SOURCE Sunvalley Solar, Inc.