Affordable Housing Turns to Solar

Affordable Housing Turns to Solar ROSEVILLE, CA - Solar Power, Inc. announced today that the Company entered into a sub-contract agreement to install a 230 kW DC photovoltaic solar system at San Sevaine Villas, an affordable housing development located in Rancho Cucamonga, California. The system will provide approximately 374,770 kWh of electricity production annually, offsetting a significant portion of the complex's common area electricity costs, including two of the complex's biggest electricity consumers, its large community center and its laundry rooms. The solar system will allow the complex to significantly reduce energy costs, delivering an estimated $52,000 in annual electricity cost savings.

A leader in providing solar systems to affordable housing developments, Solar Power, Inc. has designed and installed systems for other major affordable housing developers including Community HousingWorks' award winning Solara development in Poway, California. Other developers utilizing Solar Power, Inc.'s system solutions include Interfaith Housing, Wakeland Housing, MacFarlane Costa, BRIDGE Housing, and The Monterey County Housing Authority. The Company was engaged by Wermers Companies, the general contractor for the San Sevaine Villas project, to design and build the solar system incorporated into the complex's parking shade structure. The two companies have worked together successfully on affordable housing developments in the past.

"We have a successful history of producing solar systems for the affordable housing industry," said Bradley Ferrell, President of Business Development for Solar Power, Inc. "We look forward to working with the team at Wermers Companies again to help the project owner, Northtown Housing Corporation, deliver a low-cost energy solution to its residents."

Founded in 2005, Solar Power, Inc. is a vertically integrated solar developer; the Company manages its value chain from material sourcing, to manufacturing, through post-installation asset management of its systems, and manufactures its own line of world-class solar modules and balance-of-system products. The Company designs, manufactures and delivers world-class photovoltaic solar systems to its residential, business, government and utility customers.
Source: Solar Power, Inc

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