Ecoplexus Launches Next 42 MW Project Fund for California

San Francisco, December 5, 2017 – Ecoplexus Inc., a leading developer and owner of solar photovoltaic (PV) projects, today today announced that it will launch its next 42 MW project fund for California. The projects are a combination of carport and ground-mounted installations, connecting behind-the-meter at a number of state facilities. The generating systems will provide clean energy to power the facilities, offset greenhouse gas emissions and reduce energy costs.

The portfolio will provide approximately 30.5 gigawatt-hours of clean electricity annually. That is enough to annually power almost 2,000 households, or offset roughly 21,000 metric tons of Carbon Dioxide. The first 7 MW will be completed in August 2016, while the remaining projects are scheduled to complete construction later in 2016 and early 2017. The onsite facilities include state hospitals, military bases and a variety of other facilities.

“We are pleased to play a role in satisfying California’s growing demand for clean energy,” said John Gorman, CEO of Ecoplexus. “California has set a great example for other states to follow, and we are eager to support its efforts going forward.”