Yolo County, SunPower Corp. and the Bank of America have together announced about the installation of a solar energy system with 1 MW capacity at the Yolo County by SunPower.
The design as well as the construction of this solar power system was completed at the Yolo County Justice Campus situated in Woodland, California. This solar power system is anticipated to avoid CO2 emissions to the extent of 2.2 million pounds annually.
Yolo County, which happens to own the solar power system as well as the renewable energy credits associated with it, has financed this purchase by making use of multiple funding sources that include energy conservation bonds and renewable energy bonds as well. Apart from these subsidized bonds, SunPower has helped Yolo County by way of securing a loan issued by California Energy Commission with a loan period of 15 years. This solar system will result in a savings of $8.8 million for the Yolo County residents as well as its businesses. The system makes use of SunPower solar panels enabled with Sunpower Tracker System.
Source: http://www.sunpowercorp.com
