Folium Energy signed a deal with Aide Solar, a subsidiary of Panjit Group, to buy 150MW of its solar PV modules for use in 710 ground-mounted solar projects throughout California. The agreement was signed under California’s PPA for Small Renewable Generation “Feed-in Tariffs” program, which allows each solar site in the program to generate a minimum of 100kW, but not surpass 1.5MW of solar power.
“The projects will be broken into phases based on the pre-construction development work required at each site,” said Brad Stutzman, vice president of operations for Folium Energy. “The first phase of the project will total 15MW of power with development activities beginning immediately.”
Folium will install the 710 solar projects in locations located throughout 35 different counties in California. Work will begin in Q4 2011, with the project expected to be complete in one year. “Our agreement with Folium Energy for this distributed generation project in California is a big first step in establishing a long term relationship,” said Raymond Wiley, director of Aide Solar. “We are discussing a pipeline of solar projects throughout the U.S. as well as a wind project which involves our storage technology.”