Firstly, KDC Solar LLC, a leading developer, owner and operator of solar power facilities announced today that it has begun construction on a 23.5-megawatt solar photovoltaic system in Jackson, New Jersey. This system will supply Six Flags Great Adventure with renewable energy and most of all electrical load at the park. When completed, the project will be the largest net metered solar installation in the New Jersey.
In addition, the KDC solar facility will produce about 30 million kilowatt-hours of clean electricity in the first year. Additionally, the environmental benefits of the project are immense. They solar are equal to providing power for 2,787 homes for a year. Also, compared to removing about 108,000 cars from the road.
As written before folks, here are some numbers to contemplate. According to the Solar Energy Industries Association, the growth in solar power generation in 2016 alone projected to reach 119 percent. Wind power’s growth is even more phenomenal. In addition and according to the Energy Department, wind power capacity installed in 2000 was 2.53 gigawatts across four states. By 2020 expected to reach 113.43 GW across 36 states. Finally, by 2050, it expected to reach 404.25 GW in 48 states.
As well, debt financing for the KDC Solar project provided by Seminole Financial Services. They financed through a construction and a permanent loan facility. Also, development capital and project equity arranged. It financed by GoldenSet Capital Partners in its role as sub-advisor to the North Sky Capital Alliance Fund II.
Finally, KDC Solar team has a serious history of completing and developing significant energy projects.
The Green Living Guy, Seth Leitman is a green living expert, celebrity and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author, Radio Host, Reporter, Writer and a Environmental Consultant on green living. The Green Living Guy writes about green living, green lighting, the green guru guides and more. Seth's books range from:
# Build Your Own Electric Vehicle by Bob Brant and Seth Leitman (2nd and 3rd editions)
# Build Your Own Plug-in Hybrid Electric Vehicle by Seth Leitman
# Build Your Own Electric Motorcycle by Carl Vogel
# Green Lighting by Seth Leitman, Brian Clark Howard and Bill Brinsky
# Solar Power For Your Home by David Findley
# Renewable Energies For Your Home by Russel Gehrke
# Do-it-Yourself Home Energy Audits by David Findley
# Build Your Own Small Wind Power System by Brian Clark Howard and Kevin Shea
# and more green living books to follow.