Siemens Energy Inc. (NYSE: SI) has been selected by Syncarpha Capital to provide engineering, procurement and construction services for a 3 MW-peak, ground-based PV power plant in Eastampton, New Jersey.
Construction is scheduled to begin in 2011 and the plant is scheduled to go online in September 2011.
Syncarpha Capital, an investment company launched to capitalize on opportunities in the alternative energy sector, will finance the solar power plant. The monetary amount was not disclosed.
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