GDT Tek also announced that it closed escrow on 109 acres of prime solar farm property in Desert Hot Springs.
The unnamed private company will purchase all electricity up to 20MW/hr and resell it to companies at a set wholesale price.
GDT Tek president Bo Linton said the company location is perfect for a solar farm and with this ESA in place, several solar PV installations companies could provide GDT Tek with the product and financing to build it.
"With many types of government incentives for building a solar farm such as tax credits, we believe we now have a really attractive project for big investors and financiers that is simple and proven," said Linton.
US-based GDT Tek is focused on renewable and sustainable energy technologies.
