Twentieth Century Fox Selects Solar Power, Inc. for a 158 kW Solar System
Motion picture studio contracts Solar Power, Inc. to design and install SkyMount system.
Solar Power, Inc. (OTCBB:SOPW) announced today that the Company has been contracted by Twentieth Century Fox Film Corporation ("Fox") to design and install a 158 kW DC solar photovoltaic system at the Fox Studios Lot located in Century City, California. The project will utilize Solar Power, Inc.'s innovative SkyMount commercial rooftop system which optimizes system electricity production and streamlines installation.
The solar installation, which will be mounted on the roof of Fox's Building 99, is the second major investment in solar announced by Fox's parent company News Corporation this month, part of the company's Global Energy Initiative. Solar Power, Inc. won the contract after a competitive bid process administered by Fox's solar committee, which formed last year. The project could pave the way for more solar across the Fox Studio Lot in the future.
"We are very pleased to have been selected by Twentieth Century Fox to design and build a solar system to help them provide meaningful environmental benefits and begin to mitigate rising electricity costs," said Brad Ferrell, President of Business Development for Solar Power, Inc. "Our SkyMount system is a perfect fit for their needs."
"This project is an important addition to Fox's ongoing sustainability initiative and we are very happy to be getting it started," said Hal Haenal, Senior Vice President of Fox Studios Operations. "This marks our first venture into on-site renewable energy and Solar Power, Inc. has helped to make the decision a very easy one for us." The solar project is scheduled to be completed this summer.
Founded in 2005, Solar Power, Inc. is a vertically integrated solar developer; the Company manages its value chain from material sourcing, to manufacturing, through post-installation asset management of its systems, and manufactures its own line of world-class solar modules and balance-of-system products. The Company designs, manufactures and delivers world-class photovoltaic solar systems to its residential, business, government and utility customers. For additional information visit: www.solarpowerinc.net.
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