Eaton Corp. (NYSE: ETN) and Tangent Energy Solutions have announced a collaboration to develop solar energy generation installations at Eaton’s facilities in Coraopolis and Vanport Township, Pa. The project will include a 1.3 MW ground mount solar array at Eaton’s Beaver facility and a 200 kW rooftop array in Coraopolis.
Solar power will contribute about 25 percent of the electricity used by the Vanport facility. Both arrays will provide Eaton with 1.76 million kilowatt-hours of electricity per year.
On-site solar generation assets will be provided by Tangent at no capital cost to Eaton who will purchase the energy produced at a set rate through a long-term power purchase agreement (PPA).
Eaton will supply Power Xpert solar inverters, electrical disconnects, combiner boxes and other equipment for the project. Eaton will also staff the engineering services and construction management teams. The system’s solar panels were provided by Motech Industries in Newark, Del.
Project financing was provided by Laurel Capital of Radnor, Pa. and First Niagara Bank of Buffalo, N.Y. The project is also being financed in part by a grant from the Commonwealth of Pennsylvania, Commonwealth Financing Authority.
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