Renova Energy Corp. has been awarded the contract to install a 409-kilowatt system for the Coachella Valley Water District at its headquarters in Palm Desert. When complete, this system will be the largest integrated carport solar system in the entire Valley.
"By keeping our overhead costs lower through the utilization of solar, we can help keep our rates reasonable for our customers,” explained CVWD General Manager-Chief Engineer Steve Robbins. “It’s also the right thing to do for the environment - we believe in the good stewardship of all our natural resources.”
The system should be completed by the third quarter of 2011 and is being financed through a Power Purchase Agreement in a joint venture between Renova Energy and Pristine Sun. The Power Purchase Agreement will enable the Water District to begin taking advantage of energy savings right away by financing the system over twenty years with no initial down payment.
Bringing Energy Independence to the Coachella Valley
“The Coachella Valley needs to serve as an example to the nation by taking advantage of our endless supply of sunshine,” added Renova CEO Vincent Battaglia, “and it is those companies and organizations like CVWD who are leading the way with strong commitments to protecting the environment while mitigating their ever-increasing cost to operate. We’re proud to be partnering with them to provide this clean energy alternative utilizing such a smart financing tool.”
Renova Energy Corp. is the largest locally owned and operated commercial and residential Solar Developer in the Coachella Valley, offering design, financing, and maintenance of solar installation. Located in Palm Desert, Renova also operates the Renova Energy Academy, training area residents with classes in primary and advanced solar installation techniques and related subjects.