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Consolidated Edison, Inc.'s Consolidated Edison, Inc. Completes Acquisition Of Solar Projects From GCL-Poly Energy Holdings Limited's GCL Solar Energy Inc.


Tuesday, 31 Jul 2012 04:45pm EDT 

Consolidated Edison Development (CED), a wholly owned subsidiary of Consolidated Edison, Inc., and GCL Solar Energy Inc. (GCL Solar), a wholly owned subsidiary of GCL-Poly Energy Holdings Limited announced the completion of CED's acquisition of two solar photovoltaic projects totaling 92 megawatts MD DC (70 megawatts AC) from GCL Solar. The projects, situated in Alpaugh in Tulare County in California's Central Valley, are scheduled to begin commercial operation in the fourth quarter of 2012. The two projects will be owned and operated by CED and provide enough power to serve about 15,000 homes.