Solar Power, Inc. (SOPW.OB) Announces Contract with Twentieth Century Fox to Design and Install Its SkyMount® System

By IBTimes Staff Reporter | April 19 2010 5:17 AM

Solar Power, Inc., a vertically integrated solar developer that manages its value chain through post-installation asset management and manufactures a line of world-class solar modules and balance-of-system products, recently announced that the company has been contracted by Twentieth Century Fox Film Corporation to design and install a 158 kilowatt DC solar photovoltaic system. This system will be implemented at the Fox Studios Lot located in Century City, California.

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Utilizing Solar Power’s state-of-the-art SkyMount® commercial rooftop system, the photovoltaic system will optimize system electricity production for Twentieth Century Fox Film Corporation. This installation is the second major investment in solar announced by Fox’s parent company in the past 30 days. Solar Power secured the contract after a competitive bid process administered by Twentieth Century Fox Film Corporation’s solar committee. The solar project is scheduled to be completed this summer.

Brad Ferrell, president of business development for Solar Power, stated, “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.” Mr. Ferrell continued, “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.”