SOURCE: Eoplly New Energy Technology Co., Ltd.
WILDWOOD, NJ--(Marketwire - Aug 15, 2012) - Eoplly New Energy Technology Co., a designer and manufacturer of solar products, announced the completion of a 474kW roof-top PV system using Eoplly 285W Poly-Si Modules at the Wildwood Convention Center in Wildwood, NJ. This project was developed by Tioga Energy, a leading solar project developer based in San Francisco, and financed by Energy Finance Company, based in Manhattan Beach, CA.
Of the 1,700 roof-top panels which will supply 24 percent of the venue's annual energy needs, a significant portion were Eoplly's EP-156P/72-285W modules. "We are pleased to have Energy Finance Company and Tioga Energy supporting Eoplly as a Tier 1 brand," said Warren Nishikawa, CEO of Eoplly USA Inc. "This Wildwood Project near the shore illustrates that Eoplly solar modules are extremely durable against rain, wind, and salt."
Under a 20-year lease agreement, EFC will sell the electricity from the solar system to the convention center at a reduced rate. Tom Byrne, the chairman of the Greater Wildwoods Tourism Improvement and Development Authority, noted that the project was a success for numerous reasons. "By taking on this project, and reducing our carbon footprint, getting in with the go-green movement, we are going to be viewed as leaders in this area," Byrne said.
Energy Finance Company CEO Reyad Fezzani commented, "We are excited to provide the capital required to construct, own and operate EFC's first East Coast project at such a noteworthy location. Wildwoods Convention Center is an excellent addition to our solar power portfolio and we are also pleased that the project was 100 percent constructed by local unions including an IBEW affiliate, representing approximately 4,800 man-hours."
Since 2006, Eoplly has been providing the highest quality solar modules and systems to the industry with over 700MW delivered worldwide. Eoplly is dedicated to being the optimized photovoltaic solution provider with offices in United States, Germany, Italy, France, Spain, Czech Republic, Japan and China.
Energy Finance Company:
Energy Finance Company (EFC) was formed to provide the capital for quality credit commercial, municipal and government customers desiring solar power systems. EFC's Funding Solar Energy Fund, LP owns and operates solar projects and provides up to 100% of the capital required. FUSE Fund has a strategic relationship with SolarNet, the largest solar distributor in the United States with over 7,000 solar and electrical dealers.