The Athenian School will “flip the switch” on a new solar system at its Danville campus on February 11, with the student body, school officials, and Danville Mayor Arnerich as well as representatives from Tioga Energy, REC Solar, Mitsubishi Electric and New Resource Bank. The 220-kilowatt system consists of 1,300 photovoltaic panels arranged in the shape of a large ‘A’, representing a unique new solar mascot that will provide half the school’s power needs.
The 30,000 square foot installation of Mitsubishi Electric solar modules was designed and installed by REC Solar. Tioga Energy arranged the financing, including construction capital from New Resource Bank, and will operate Athenian’s solar power system under SurePath™ Solar Power Purchase Agreement (PPA). Athenian will buy the power generated by the system at a fixed rate over the length of the 20-year agreement, enabling the school to capture significant energy savings from the first day of operation.
– from businesswire. 4 Feb 2009