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Sunvalley Solar Awarded New Contract to Build Eight Separate Solar Systems for Parkwoods HOA
Sunvalley Solar Awarded New Contract to Build Eight Separate Solar Systems for Parkwoods HOA.
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[{"type":"text","content":"Sunvalley\nSolar Awarded New Contract to Build Eight Separate Solar Systems for Parkwoods\nHOA \n\nWalnut, California – August 18, 2016\n– Sunvalley Solar, Inc. (SSOL),\na leading solar power technology and solar system integration company,\nannounced today that Rayco Energy (a full owned subsidiary of Sunvalley Solar\nInc.) has been awarded a contract to build eight separate photovoltaic systems for\nParkwoods community Homeowners Association (HOA) located in Oakland, California.\nThe community has approximately 433 units and these solar systems will help\noffset the common area utilities for the HOA.\n\nThe eight separate Photovoltaic\nSystems with a total of 150 KW-DC has an estimated annual generation of 215,463\nKWh. The system is designed with high efficiency 285 watt made in USA solar\npanels along with Enphase’s micro-inverter system to maximize project output.\nParkwoods will be one of the first HOA’s in Northern California to utilize\nPG&E’s Net Metering Aggregation (NEMA) program. NEMA gives Parkwoods\nthe ability to aggregate or combine multiple meters under a single, centralized\nsource of renewable power generation.\n\n “We are beginning to see more HOA’s adopt\nsolar energy as a part of the long term strategy for lowering overall operating\ncosts. As electrical rates continue to rise in California, 2nd\nlargest state in terms of number of HOA’s, we are seeing more and more\ncommunities show interest in installing solar to cover both common area and individual\nunit electrical bills.” Said Ricky Chu, CEO from Rayco Energy.\n\nDr. James Zhang,\nCEO/President of SSOL, notes that, \"The acquisition of Rayco Energy expanded\nour existing solar business footprint from mainly Southern California to\nNorthern California, it also expanded our business coverage from commercial\nsolar systems to the residential and multi-family sector projects. The new\nawarded contract from Parkwoods HOA is a good start of our multi-family sector solar\nenergy business for Rayco Energy as the full owned subsidiary of Sunvalley\nSolar Inc.\n\n \n\nAbout Sunvalley Solar, Inc.\n\nSunvalley Solar, Inc. is a leading solar system solution provider that offers comprehensive solar energy technology, system design,\ninstallation, equipment, and technical support for electrical contractors,\nbuilders, homeowners, businesses/commerc...