Earlier this month, GV Enterprises, a local project management firm, along with CORE Construction, a national construction company and solar consultant Natural Power & Energy, began installation of the systems.
The project’s seven sites consist of six schools and one district office.
Under the agreement, REgeneration Finance will develop, own, operate and maintain the solar project while selling the electricity generated by the photovoltaic installations to Buckeye Elementary School District.
REgeneration Finance will be responsible for the construction and operation of the power project, and will serve as the long-term owner of the photovoltaic systems.
Buckeye Elementary School District will purchase the electricity generated by the installations at a predetermined rate from REgeneration Finance.
The project will use locally-made PowerOne inverters.
