Students Provided Opportunities to Learn About PV

SOQUEL, CA (December 18, 2008) – Two powerful motivators have driven Soquel High School to get their electricity from the sun instead of more traditional sources. First, financial incentives in California make the green power an attractive choice that will save the school money immediately. And perhaps more importantly is that this change is in line with the school’s mission to motivate students to contribute responsibly to society. By setting the example of helping to protect the environment the school is able to show student first hand the economic and environmental impacts of solar electricity.

The solar power project, which was built by groSolar, was turned on December 18. This is the largest solar PV project in the county and one of the largest school projects in California at 315kW.

The system is comprised of more than 1,800 photovoltaic (PV) panels from Suntech Power, and will produce 40% of the school’s electricity.

“Besides saving money, the school board was interested in solar because of the positive impact Soquel’s solar system will have on the environment,” said Assistant Superintendent Dick Moss. Moss was also proud to note that the school’s students will be using web-based data from the solar system for study purposes in science and math.

“This is an especially fulfilling project for us,” said Jeff Wolfe, groSolar CEO. “This project will allow the next generation of scientists, engineers and entrepreneurs to witness the environmental and economic values of solar firsthand. groSolar leads in many ways, but I cannot think of a more important area for solar than schools.”

In addition to groSolar’s involvement, MP2 Capital was instrumental in creating and developing the project. Construction began in September of this year and was completed in late December.

About groSolar
groSolar North America’s premier provider of solar energy solutions focused on designing, distributing and installing high quality solar electric and solar hot water systems. groSolar provides residential installation in the northeast and mid-Atlantic states, and commercial installation in California as well as the eastern US, serving other areas through an extensive dealer network. With a system of warehouses across the continent, groSolar has the broadest distribution capabilities of any solar provider. Learn more at groSolar.com

About MP2 Capital
MP2 Capital, LLC is a leading renewable energy firm focused on financing, developing and investing in distributed generation and large-scale electricity generation assets in the North American and European markets. The Firm works with a wide range of commercial and government customers, utilities, load servicing entities and energy merchants. Founded in 2006, the Firm has built upon our principals’ distinguished records in project finance, structured finance, investment banking and investment management. The Firm maintains offices in California and New York. www.mp2capital.com

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