SunDurance Energy strikes solar power purchase agreement with U.S. Marines

Barstow, Calif., May 18, 2012 — SunDurance Energy broke ground on a solar power purchase agreement for the U.S. Marines Corps at the Marine Corps Logistics Base in Barstow, California. The procurement and management of project has been overseen by the Navy Facilities Command, Southwest Region.

The project will comprise 4,454 photovoltaic solar panels on two sites on the base and is expected to generate 2.7 million kWh of electricity in the first year of operation, or enough power for about 140 typical U.S. homes. Under the PPA, SunDurance Energy will own the project and sell the power that is generated to the Marines.

The project will supply about 25 percent of the base’s electricity requirements and is expected to provide the Marine Corps with $3.9 million in energy savings over the 20-year term of the PPA. There will be environmental benefits as well, as the project will offset the release of 18,000 tons of carbon dioxide, a greenhouse gas, or the equivalent of planting 28,000 trees and growing them for ten years.

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