WALNUT, Calif., Jan. 4, 2012 /PRNewswire via COMTEX/ -- Sunvalley Solar, Inc. (OTC Bulletin Board: SSOL), a leading solar power technology and solar system integration company, announces today that it has signed a 176 Kilowatt commercial solar installation contract with XL Biofuels, Inc. in Thermal, California.
"The XL Biofuels contract complements the over 1 M Watts of power signed last year, and it continues the sales momentum and growth of last year. Sunvalley strives to consistently provide our clients with optimum solar solutions of the highest quality in the most efficient manner," said James Zhang, CEO of Sunvalley Solar, Inc.
The 176 Kilowatt solar power system is expected to generate 286,996 Kilowatt hours of electricity annually. This system uses high efficiency solar panels from Jiangsu JiaSheng Photovoltaic Technology and solar inverters from PV Powered. The total contracted value is over $760K and is supported by solar incentive rebates from the local utility company and Federal Tax Cash Grants from the Federal Treasury Department.
The installation of this project will begin in mid 2012.
About Sunvalley Solar, Inc.
Sunvalley Solar, Inc. is a leading solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipments, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities that assist them in lowering of utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy. Located in Los Angeles, California, Sunvalley Solar, Inc. is committed to reducing the world's carbon foot print from traditional energy sources to make renewable sources such as solar the nation's mainstream source of power.
To learn more, visit www.sunvalleysolarinc.com.