Sunvalley Solar won a US$2 million contract for the deployment of a 405kW commercial solar project with All Fortune Group in Long Beach, California. The solar project will use solar panels supplied by Tianwei New Energy and solar inverters from PV Powered.
“The All Fortune Group contract, following closely on the heels of the 336kW system we signed in June of this year, represents our largest single contract to date. It will bring in over US$2M in revenue and provide a significant profit…,” said James Zhang, CEO of Sunvalley Solar.
The 405kW solar project will generate 577,140kWh of electricity per year and is supported through solar incentive rebates from the area’s local utility company and Federal Tax Cash Grants from the Federal Treasury Department. Installation for the project is set to begin in late December.