Featured in Time Square: KDC Solar, United Stationers, and The Sudler Companies pose in front of the newly commissioned 3.25 MW behind the meter solar facility in Cranbury, NJ
UPDATE:3.25 megawatt system under construction at United Stationers Supply Facility in NJ
United Stationers Supply Solar Electric Facility
KDC Solar Enters 3-Year, 300 Megawatt Agreement with SPI Solar and LDK Solar
KDC Solar has entered into an agreement with SPI Solar (“SPI”) (OTCBB: SOPW), a leading vertically integrated photovoltaic (“PV”) solar energy company and its majority shareholder, LDK Solar (“LDK”) (NYSE: LDK), a world leader in the production of solar wafers and cells, whereby SPI and LDK will serve as KDC Solar’s preferred provider of engineering, procurement and construction (“EPC”) services along with operations and maintenance (“O&M”) services for a significant portion of KDC Solar’s existing portfolio of solar energy facility (“SEF”) projects.
Additionally, SPI and LDK have agreed to provide construction financing and facilitate long term financing, supported by LDK, of up to $750 million for projects covered by this agreement.
3.25 megawatt system under construction at United Stationers Supply Facility in Cranbury, NJ
KDC Solar has teamed up with United Stationers Supply Co. and the Sudler Companies to design, install, own, and operate a 3.25 megawatt solar facility on the roof of the United Stationers’ distribution facility in Cranbury, New Jersey. The project started construction in early 2011 and will be completed by the end of the calendar year.
This project will produce approximately 3.45 million kilowatt hours of electricity per year from the rooftop installation. It is anticipated that the electricity will cover around 90% of the electricity that United Stationers uses at the distribution center.
Solar Panels being installed – White Rose Facility in Carteret, NJ
