Wednesday, December 7, 2011

Aerojet, Solar Power to build massive solar-panel system - Sacramento Business Journal:

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Roseville-based Solar Power (OTCBB: should complete the installation of the solar power system in with Sacramento Municipal Utility District interconnecting the system to the power grid thesame month. All of the powetr generated will be usedby Aerojet, a GenCorpp (NYSE: GY) company. “The electricity created by this solarr facility provides over 20 percent of the powere required to operate our extensive groundwaterremediation program,” Aerojet presiden Scott Neish said in a news “This initiative is a majofr step in our effortz to help the environment, reducs our carbon footprint and return approximately 20 acres of our significant land holdingz in the Sacramento area to beneficiapl use.
” The 18,000 sola panels will include a sun-tracking array, greatly increasing production as it follows the sun during the day. The Aerojet projecty will cover about20 acres. “The Aerojef installation will be one of thelargest single-site industriakl installations” in the nation, Solar Power CEO Steve Kircher said.

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