WALNUT, Calif., Oct. 12, 2011 /PRNewswire/ -- Sunvalley Solar, Inc. (OTC Bulletin Board: SSOL.ob), a leading provider of solar power technology and solar integration systems, announced that it has signed a 220 kilowatt commercial solar installation contract with Ken Vong Farms in Thermal City, California.
Sunvalley has had several large solar installations in the Palm Desert area. With its high quality design, professional installation, technical field management representatives and outstanding customer service, Sunvalley has established both a well recognized brand and a loyal customer base. More and more solar power users, such as Ken Vong Farms, look to Sunvalley for their solar needs.
Ken Vong Farms has contracted with Sunvalley for the installation of a 220 kilowatt solar power system, comprised of 938 PV panels from Tianwei and one 260KW solar inverter from PV Powered. The total contracted value of the system is close to $1M, which is supported in part, by solar incentive rebates offered through the local utility company and Federal Tax Cash Grants.
This solar system is expected to generate 351,919 kilowatt hours of electricity annually. During the peak months of May through October the system will generate surplus power and earn credits with Imperial Irrigation District Utility, offsetting the less sunny winter months.
The installation for this contract will begin in early 2012.
About Sunvalley Solar, Inc.
Sunvalley Solar, Inc. is a leading solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipments, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities that assist them in lowering of utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy. Located in Los Angeles, California, Sunvalley Solar, Inc. is committed to reducing the world's carbon foot print from traditional energy sources to make renewable sources such as solar the nation's mainstream source of power.
To learn more, visit www.sunvalleysolarinc.com.
Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
SOURCE Sunvalley Solar, Inc.