Sunvalley Solar, Inc., a leading solar power technology and solar system integration company, announces that it has signed a 405 Kilowatt commercial solar installation contract with All Fortune Group, LLC in Long Beach, California.
"The All Fortune Group contract, following closely on the heals of the 336 Kilowatt system we signed in June of this year, represents our largest single contract to date. It will bring in over $2M in revenue and provide a significant profit. We strive to always provide our clients with both the best solar solution of the highest quality and timely installation in a cost efficient manner. Obviously the recent award of business from All Fortune Group is a testament to out success," said James Zhang, CEO of Sunvalley Solar, Inc.
The 405.375 Kilowatt All Fortune Group solar power system is expected to generate 577,140 Kilowatt hours of electricity annually to reduce CO2 emissions by more than 384 tons annually. This is equivalent to eliminating the use of 46,555 gallons of gasoline and avoiding 19 million pounds of green house gas emissions over the lifetime of the system. This system uses high efficiency solar panels from Tianwei New Energy and solar inverters from PV Powered. The total contracted value is over $2M and is supported by solar incentive rebates from the local utility company and Federal Tax Cash Grants from the Federal Treasury Department. The installation for this 405KW solar system is planned to start in late December 2011.
