Friday, November 11, 2011

Here Comes The Sun ...

Great article reflecting on what could be a bright future for solar energy ... http://www.nytimes.com/2011/11/07/opinion/krugman-here-comes-solar-energy.html

NARENCO Constructing Rooftop Solar Array On Gaston County Public Building

November 7, 2011

National Renewable Energy Corporation (NARENCO) has begun installation of a 740 kilowatt DC solar PV (photovoltaic) energy system on the roof of the York-Chester Plaza building in Gastonia, North Carolina.  This renewable energy system will utilize more than 3,000 solar panels to produce approximately 955,657 kilowatt hours of energy per year.

Gaston County is leasing the rooftop space to NARENCO who is overseeing all elements of the system's construction from initial design to final commissioning.  NARENCO will then sell the power generated from the system to Duke Energy while the Solar Renewable Energy Credits (SREC) will be sold to Energy United of Statesville, North Carolina.  At the end of the roof lease term, Gaston County has the option to purchase the system from NARENCO.   Lease financing for the system is being provided by Wells Fargo Equipment Finance.

NARENCO plans to complete the rooftop solar PV system by the end of December 2011.