WorldWater & Power Corp. (OTC BB:WWAT.OB), developer of proprietary high-powered solar energy systems, has announced that it has signed three major contracts to build and install solar electric power systems.
1. Commercial Building, Sewell, NJ – $928,928
This photovoltaic (PV) system will be designed to generate enough kilowatt-hours to substantially offset the annual electricity consumption of the building. Excess electricity generated during the summer months will be exported to the Atlantic City Electric Company power grid. At times when the consumption exceeds the generation capacity of the PV system, supplemental power will be drawn from the grid.
2. West Pico Food, Inc., Vernon, California – $3.1 Million
This photovoltaic (PV) system is expected to substantially reduce electrical usage costs for West Pico Food, Inc., a distributor of wholesale frozen foods to supermarket chains in Southern California. WorldWater & Power Corp. plans to construct a carport over the parking area to hold the PV panels that will power the system.
3. Los Angeles Baking, Inc., Los Angeles, CA – $1.2 Million
The photovoltaic (PV) system will provide electricity for the company’s bakery operations, and is expected to substantially reduce operating costs for electrical usage for the facility. WorldWater & Power Corp. plans to construct a carport over the parking area at the bakery and cafe facility to hold the PV panels that will power the system.
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