# SPI Solar Project Transforming Energy in New Jersey

- Link: https://greenlivingguy.com/2011/10/spi-solar-project-transforming-energy-in-new-jersey/
- Published: 2011-10-10T04:08:40-04:00
- Author: greenlivingguy

## Third Major Project from SPI Alliance with KDC Solar Results in 7 MW Solar Facility in New Jersey

Another SPI Solar project to announce! For SPI Solar ([OTCBB: SOPW](https://finance.yahoo.com/quote/sopw.ob?ltr=1))
has a 6.8 MW ground mounted solar facility to be constructed in Middlesex County
New Jersey.  SPI Solar (“SPI”) will provide project construction management services.
That’s all in addition to project financing. All in accordance with the terms of
the Preferred Provider Agreement. That’s between KDC and SPI announced in June 2011.

## 26,000 Panels

The solar facility will also be constructed with approximately 26,000 high-efficiency
solar panels. All supplied by SPI and also was manufactured by LDK Solar Ltd.  When
completed, the solar energy project will most notably generate approximately 8,450,000
kilowatt hours of solar electricity per year. For it will be supplying 100% of the
electric power for its needs for the facilities that are located on the site. The
project also marks the third engagement resulting from SPI’s Preferred Provider 
Agreement. That’s with [KDC Solar](https://greenlivingguy.com/2018/09/construction-commences-for-23-5-mw-solar-power-project-at-six-flags-great-adventure-in-jackson-new-jersey/)
in as many months.

![Solar panel farm on a rural hillside with fall-colored trees and farmhouses in
the background](https://i0.wp.com/greenlivingguy.com/wp-content/uploads/2026/05/
green-tech-renewables-sustainable-living-6a0e9d60e3ca2.png?resize=300%2C300&quality
=50&ssl=1)

Solar panels stretch across a hillside farm surrounded by colorful autumn trees.

Once operational, savings from the project for Middlesex County will more excitingly
escalate from $725 thousand to $1.15 million annually over the 15-year term of the
power purchase agreement.

Now subject to obtaining the necessary permits, construction is scheduled to begin
early next year. Essentially with the objective that the project should be fully
operational in the third quarter of 2012.

### 6.8 MW Ground Mounted

SPI also has been engaged by a subsidiary of KDC Solar LLC (“KDC Solar”). All for
a 6.8 MW ground mounted solar facility to be constructed in Middlesex County New
Jersey. SPI Solar (“SPI”) will provide construction management services and project
financing. All in accordance with the terms of the Preferred Provider Agreement 
between KDC and SPI. For they announced in June 2011. The solar facility will be
constructed with approximately 26,000 high-efficiency solar panels supplied by SPI
and manufactured by LDK Solar Ltd. When completed, the solar energy project will
generate approximately 8,450,000 kilowatt hours of solar electricity per year and
supply 100% of the electric power needs for the facilities located on the site.

Finally, this project marks the third engagement. Most notably and all resulting
from SPI’s Preferred Provider Agreement with KDC Solar in as many months.

Source: SPI Solar (“SPI”) ([OTCBB: SOPW](https://finance.yahoo.com/quote/sopw.ob?ltr=1))