Solar, Utility Integration

Costs Cut for Facilities that Install PV via PPAs in California

San Jose, California [RenewableEnergyAccess.com] A program for Power Purchase Agreements (PPAs) initiated by Solar Technologies enables large industrial clients to install solar power without all the upfront costs traditionally associated with doing so. PPAs allow investment opportunities in reliable, long-term energy while the host-site enjoys the benefits of solar power by purchasing electricity from the investors at an established lower price. By providing PPAs for the industrial market in California, Solar Technologies provides integrated solar systems in addition to system design, installation and financing. Investors that finance PPA solar projects receive utility company rebates, accelerated equipment depreciation and the 30% federal energy tax credits. Solar Technologies is partnering with Sterling Planet to market the renewable energy certificates resulting from the solar systems installed through the PPA.