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Advanced Solar Photonics to Generate Power for Manufacturing Facility from its Own Solar Farm - Solar electricity will save PV module manufacturer over $1 million annually in energy costs - AdvancedSolarPhotonics.com
Advanced Solar Photonics to Generate Power for Manufacturing Facility from its Own Solar Farm

 

PRZOOM - /newswire/ - Orlando, FL, United States, 2011/04/19 - Solar electricity will save PV module manufacturer over $1 million annually in energy costs - AdvancedSolarPhotonics.com.

   
 
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Advanced Solar Photonics (ASP), a leading manufacturer of monocrystalline solar panels, solar generators, and racking systems for residential, commercial, and utility applications announced today that it will soon become the one of the first manufacturers of photovoltaic (PV) panels to be powered by energy generated from its own solar farm.

The energy generated will come from part of the 10 megawatt (MW) Rinehart solar farm to be sited on the rooftop and surrounding grounds of the of the company’s corporate offices and production facility in Lake Mary, Florida. Now nearing completion of phase one of the project - a roof top plant totaling 120 kilowatts (kW) – The Rinehart Solar Farm is on track to begin providing power to ASP’s production facility in May 2011.

“While benefits of solar energy are numerous and undisputed, a disadvantage associated with the use of PV panel technology is the intensive consumption of energy – specifically, the electricity required from burning fossil fuels to manufacture both the PV panels and balance of system (BOS) components. Although the impact to the environment is debatable, the solution is clear – utilizing solar energy to power its own production” said Demitri Nikitin, company President and CEO.

Plans call for the solar farm to be generating the balance of 5 MW of energy needed to power equipment for the company’s 318,000 square foot, 75 MW capacity plant, by the end of the year. This synergy demonstrates a true closed-cycle PV generation and panel manufacturing project believed to be the first of its kind in North America. The Rinehart Solar Farm will also supply Progress Energy Florida with renewable solar energy through a power purchase agreement (PPA).

Advanced Solar Photonics (ASP) is manufacturer and R&D center of monocrystalline solar panels and racking systems for residential, commercial, and utility applications. Based on the latest cell efficiency, light transmission, and encapsulation technologies ASP solar modules are among the most advanced and efficient solar energy generating devices. ASP focus is high efficiency solar modules ranging from 190 watts to 400 watts.

 
 
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Advanced Solar Photonics to Generate Power for Manufacturing Facility from its Own Solar Farm

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Contact: Lawrence Hefler - AdvancedSolarPhotonics.com 
407-804-1000 info[.]advancedsolarphotonics.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Advanced Solar Photonics, LLC securities in any jurisdiction including any other companies listed or named in this release.

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