Solar Rainbow Services has signed an agreement with Paramount Assets, a full service real estate company, to install an 800kW photovoltaic solar rooftop system on Paramount's 251,000 square foot warehouse in South Plainfield, US state of New Jersey.

The company said that by leasing space on Paramount’s underused rooftops, it will install and operate solar energy systems that will allow the conversion of underused roof space into a source of new revenue.

Solar Rainbow has 6MW worth of projects currently under construction and an additional pipeline of about 25MW commercial rooftop installations in New Jersey.

The company’s recent solar installations include a 1MW project on a 120,000 square foot roof for Omni Holdings as well as a 1.3MW project on a 400,000 square foot roof for Jordache Enterprises, both in South Plainfield, New Jersey.

Solar Rainbow is a solar energy integrator that designs, installs and owns solar photovoltaic systems.