Sunvalley Solar, Inc. (SSOL) Signs Solar Installation Contract
Sunvalley Sola said that Prime Time Produce, also known as Sun & Sand Enterprises, LLC, will pay $1.3 million for a solar system consisting of 285 Kilowatts of power. The system will comprise 3000 solar panels and a solar inverter. Both the solar panels and the inverter will be purchased from third party vendors. The company said that the contract is benefiting from federal and local incentives used to advance alternative and renewable energy sources. The incentives associated with this contract include $630,000 in rebates from the local utility and $393,000 in rebates from a program set up by Federal…