June 15th 2015

Press release published by Suntuity Network

Deptford, NJ. 15 June 2015: Suntuity is pleased to announce that it has entered into definitive agreements to finalize the development of a 5 MW grid supply solar project in Deptford, NJ.

 

The solar project has received Interconnection, WMPA and Zoning approvals and is awaiting environmental and state approvals. Project construction is slated to begin in Q1 of 2017 with an anticipated Commercial Operation by end of Q2, 2017. The solar plant will feed power into the PSE&G electrical grid with a capacity equivalent to the electricity consumption of 460 typical homes per year. Furthermore, the solar plant will sequester carbon the equivalent of up to 2700 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 nor 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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