No-capital PV system for P&G plant in California

SunEdison has completed the installation of a 1.1 MW solar photovoltaic system at Proctor & Gamble’s paper products manufacturing plant in Oxnard, California. The roof-mounted system is projected to produce more than 1.9 GWh of solar energy during its first year of operation.

The 20-year solar power services agreement (SPSA) with SunEdison required no upfront capital from P&G. Electricity from SunEdison will be purchased by P&G at long-term, predictably priced rates.

According to Vera Ingenhuett, plant manager of the P&G Oxnard facility, ‘Activating this solar energy system is a milestone in meeting our goals for sustainability. P&G recently doubled the corporation’s 2012 per unit reduction targets for greenhouse gas emissions, waste generation and water and energy consumption, and solar energy is a major component of our energy strategy. For our Oxnard project, SunEdison’s SPSA business model allowed us to move from construction to activation in two-and-a-half months.’

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