PV project developer SPI Solar has been selected by a subsidiary of KDC – for whom SPI is preferred EPC services provider – for the construction of a 6.8MW ground-mounted solar project in Middlesex County, New Jersey. SPI will deliver construction management services and project financing as set out in the companies’ provider agreement of June 2011, as well as 26,000 of LDK Solar’s PV modules.
Construction on the park is scheduled to start in early 2012, subject to the granting of all legal permissions, and the project is anticipated to be fully operational in the third quarter of 2012. Middlesex County will reap savings from the project in the region of US$1.15 million per annum over the 15-year term of the power purchase agreement.
This marks the third project undertaken by the partners; SPI won two contracts from KDC in June this year. The first project is a 4.4MW fixed ground-mount solar power plant located in Evros, Greece, while the second project is a 9.7MW fixed ground-mount solar power plant for a pharmaceutical company’s New Jersey corporate headquarters. As with this 6.8MW park in New Jersey, both of these projects will be equipped with LDK Solar’s PV modules.
“We are excited about the opportunity to provide the County of Middlesex and the citizens of Middlesex with clean, low cost, long-term solar energy,” said Hal Kamine, KDC Solar's CEO. “This solar facility is another example of Middlesex County’s commitment to clean energy in which it has been a leader and is likewise consistent with KDC Solar’s commitment to “behind-the-meter” solar electric systems for businesses, governments and institutions in New Jersey.”