Kyocera Solar and East Los Angeles College ''Flip the Switch'' on 1.2 Megawatt Solar...

Tue Apr 22, 2008 11:24pm EDT
 
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Kyocera Solar and East Los Angeles College ''Flip the Switch'' on 1.2 Megawatt Solar Electric System

LOS ANGELES--(Business Wire)--
Kyocera Solar, Inc. and East Los Angeles College (ELAC) today
celebrated the inauguration of a colossal, 1.2 megawatt (MW) solar
electric generating system at ELAC's Monterey Park campus.

   As part of the Renewable Energy Plan of the Los Angeles Community
College District (LACCD), the project represents a major achievement
toward the goal of making all nine LACCD colleges more energy
independent. Officials "flipped the switch" on the new solar
installation during today's Earth Day celebration.

   The complete solar electric generating system, designed and built
by Chevron Energy Solutions, consists of approximately 6,000 Kyocera
KC200 solar panels. It was made possible through a power purchase
agreement with MMA Renewable Ventures, a comprehensive power solutions
provider that owns, maintains and operates the system. ELAC simply
agrees to purchase electricity at agreed-upon rates for the term of
the power purchase agreement.

   "The event we celebrated today demonstrates the viability of solar
energy and the practicality of the industry's latest solar-energy
financing tool," said Tom Dyer, vice president of marketing and
government affairs at Kyocera Solar, Inc. "Power purchase agreements
like the one ELAC has chosen promise to make solar electricity an
indispensable contributor to California's energy mix."

   Kyocera has a long history as a leader in environmental
preservation and promoting sustainable growth by providing solar
energy to the world. The company seeks to help offset the harmful
effects created by traditional fossil-fuel-generated electricity one
solar panel at a time. The newly installed 1.2 MW solar electric
system at ELAC will assist in this effort to counteract damage caused
by carbon dioxide (CO2), a suspected contributor to global warming;
nitrous oxide, which has been linked to the destruction of the Earth's
ozone layer; and sulfur dioxide, the principal contributor to acid
rain.

   Trees offer a natural metric for measuring the environmental
impact of solar-generated electricity -- since both trees and solar
modules can help reduce atmospheric CO2. According to the U.S.
Environmental Protection Agency, reducing our reliance on
fossil-fuel-generated electricity by one megawatt can have the same
effect on the Earth's environment as adding 18 acres of forest.(1)

   About Los Angeles Community College District

   The Los Angeles Community College District is one of the largest
community college systems in the country, educating more than 188,000
students each year. The LACCD has embarked on a $2.2 billion
construction and modernization program at its nine college campuses.
As funded by the Bond Construction Program, the LACCD is also
currently undertaking the largest public sector sustainable building
effort in the United States. For more information, visit
www.LACCDBuildsGreen.org.

   About Kyocera

   Kyocera Solar, Inc. (http://www.kyocerasolar.com) is a
world-leading supplier of environmentally sound, solar electric energy
solutions. With operating headquarters in Scottsdale, Ariz. and
regional sales centers in the U.S., Brazil and Australia, Kyocera
Solar, Inc. serves thousands of customers in both developed and
developing regions. The company is a wholly-owned subsidiary of
Kyocera International, Inc. of San Diego, the North American
headquarters and holding company for Kyoto, Japan-based Kyocera
Corporation.

   Kyocera Corporation (NYSE: KYO) (http://www.kyocera.com), the
parent and global headquarters of the Kyocera Group, was founded in
1959 as a producer of advanced ceramics. By combining these engineered
materials with metals and plastics, and integrating them with other
technologies, Kyocera Corporation has become a leading supplier of
solar energy systems, telecommunications equipment, semiconductor
packages, electronic components, laser printers, copiers and
industrial ceramics. During the year ended March 31, 2007, the
company's net sales totaled 1.28 trillion yen (approximately $10.8
billion).

   (1) Based on U.S. Environmental Protection Agency Power Profile
and eGrid calculations.

Alarus Agency
Stephanie Kellems, 619-235-4542, Cell: 619-347-2715
skellems@alarus.biz
or
Leila Henry, Cell: 818-481-9467
leila@alarus.biz

Copyright Business Wire 2008

 

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