Ecoplexus Undertakes Development of 25 MW of Solar Installations in California

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Jul 06, 2016, 08:45 ET

SAN FRANCISCO, July 6, 2016 /PRNewswire/ -- Ecoplexus Inc., a leading developer of solar photovoltaic (PV) systems, today announced a 25 MW DC portfolio of projects across California. The projects are a combination of carport and ground-mounted installations, connecting behind-the-meter at a number of state facilities. The generating systems will provide clean energy to power the facilities, offset greenhouse gas emissions and reduce energy costs.

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The portfolio will provide approximately 30.5 gigawatt-hours of clean electricity annually. That is enough to annually power almost 2,000 households, or offset roughly 21,000 metric tons of Carbon Dioxide. The first 7 MW will be completed in August 2016, while the remaining projects are scheduled to complete construction in the spring of 2017. The onsite facilities include state hospitals, military bases and a variety of other facilities.

"We are pleased to play a role in satisfying California's growing demand for clean energy," said John Gorman, CEO of Ecoplexus. "California has set a great example for other states to follow, and we are eager to support its efforts going forward."

About Ecoplexus Inc.

Ecoplexus develops and operates distributed generation utility scale solar PV projects for the wholesale and retail market in the U.S., and internationally. The Company has constructed and financed over 50 projects to date, representing approximately $270 million in project value. Customers include eight major utilities including PG&E, Duke, Progress, Xcel Energy, and Georgia Power and approximately 15 municipalities in the US, as well as major International utilities.

With a large construction and development pipeline of over 1 GW in the U.S., Japan, Mexico and Turkey, representing over $750 million in project value, Ecoplexus is actively developing or buying renewable energy assets at every stage. The Company also provides operation and maintenance (O&M) services for investor/owners for approximately 50 projects. For more information about Ecoplexus, please visit www.ecoplexus.com.

Contact

James Curtin
(415) 626-1802
Email

SOURCE Ecoplexus Inc.