October 20th 2015

Press release published by Suntuity Network

Elon, NC. 20 October 2015: Suntuity is pleased to announce the commencement of commercial operation of a 3.0 MWp DC Solar power plant located at 2655 West Front Street, Elon, NC. The solar power plant consists of almost 10,000 solar panels and was built over a period of 4 months. Development and EPC of the project was completed by Suntuity and the solar power system is generating clean power which is being supplied to the Duke Energy power grid.

The project is part of a portfolio of Suntuity projects currently under development in the U.S. State of North Carolina. With well over 1 GW of solar capacity, North Carolina ranks fourth in the entire U.S. for solar and this project is the first grid supply solar project constructed and commissioned in Alamance County, NC. 

The plant will feed power into the electrical grid with a capacity equivalent to the electricity consumption of 288 typical homes per year. The new plant will also sequester carbon the equivalent of 2590 acres of U.S. forests each year.

About Suntuity

With a strong portfolio and a global solar pipeline, Suntuity develops, finances and delivers solar energy solutions in markets around the world. From roof-top and off-grid projects to utility and commercial projects, Suntuity is strategically positioned to deliver across the range of technologies that make Solar Power a viable energy alternative today. Using innovative financing solutions, in-depth technical expertise, global experience and embedded process knowledge, Suntuity delivers Best-in-Class products and solutions that continue to push the boundaries on reduced time and cost to delivery with an ever increasing benchmark in system performance. For additional information, please visit; http://www.suntuity.com

Disclaimer:

The information in this release has been included in good faith and is for general purposes only. It should not be relied upon for any specific purpose and no representation or warranty is given as regards to its accuracy or completeness. No information in this press release shall constitute an invitation to invest in neither Suntuity nor any of its affiliates. Neither Suntuity, nor Suntuity Network their affiliates' officers, employees or agents shall be liable for any loss, damage or expense arising out of any action taken on the basis of this press release, including, without limitation, any loss of profit, indirect, incidental or consequential loss. All Trademarks are the property of their individual owners.

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