SolarWorld system to save millions for two Northern California cities over two decades

CAMARILLO, Calif., Sept. 13, 2013 – The cities of Fairfield and Vacaville, Calif., have announced the completion of a 1.1-megawatt solar system designed, procured and constructed by SolarWorld, the largest U.S. solar manufacturer for more than 35 years, and owned and operated by Sustainable Power Group (sPower), an independent power producer based in Salt Lake City. The array powers the North Bay Regional Water Treatment Plant, a facility the cities co-own on the Sacramento River delta.

Comprised of more than 4,000 of SolarWorld's American-made solar panels, the system is expected to generate about 2 million kilowatt-hours of renewable energy a year, which will result in immediate savings to Fairfield and Vacaville by limiting utility demand charges that accrue during peak usage times. The solar array uses single-axis-tracker technology to rotate the solar panels to follow the sun's path, capturing more solar energy and requiring a smaller footprint, compared with a fixed-tilt system.

"Fairfield's goal is to utilize solar power to secure a clean alternative energy supply that will reduce the city's overall energy costs and help keep operating costs down," said Felix Riesenberg, Fairfield's assistant director of Public Works. "This is yet another example of the Fairfield water utility being innovative to reduce operational costs and to minimize future rate increases."

"Vacaville has a long history of embracing solar and alternative energy projects as a way to save money and protect the environment, and this one fits nicely with that approach," said Steve Sawyer, Vacaville's interim assistant director of Utilities.

The project resulted from a partnership among Fairfield, Vacaville, SolarWorld and sPower. Under terms of the partnership, SolarWorld's engineering, procurement and construction (EPC) division, based in Camarillo, Calif., managed all phases of the installation, including design, engineering, procurement, permitting and construction. SPower owns the solar equipment and provides the project's financing through a 20-year power purchase agreement (PPA) with Fairfield.

Under the sPower PPA, Fairfield and Vacaville will purchase energy at a lower rate than they pay to buy power from Pacific Gas & Electric Co., their local utility. Over the 20-year life of the PPA, the cities are expected to save an estimated $2 million.

"We commend Fairfield and Vacaville on making American-made solar energy part of their economic and environmental future," said Kevin Kilkelly, president of SolarWorld Americas, the company's commercial unit. "The cities, SolarWorld and all of the project partners have worked diligently to ensure that this technically complex project provides optimum power performance, while maintaining the highest levels of environmental protection."

"This project was a collaborative effort that brought out the best in the cities of Fairfield and Vacaville, SolarWorld and sPower and we congratulate the hard-working team that made this happen," stated sPower CEO Ryan Creamer. "This is a project of the highest quality that will serve the cities well for years to come."

About SolarWorld

SolarWorld AG manufactures solar power systems and in doing so contributes to a cleaner energy supply worldwide. The company, located in Bonn, employs approximately 2,500 people and carries out production in Freiberg, Germany, and Hillsboro, Ore. From raw material silicon to the solar module, SolarWorld manages all stages of production ‒ including its own research and development. Through an international distribution network, SolarWorld supplies customers all over the world with solar modules and complete systems. The company maintains high social standards at all locations across the globe, and has committed itself to resource- and energy-efficient production. SolarWorld has been publicly traded on the stock market since 1999. More information at www.solarworld-usa.com.

About Sustainable Power Group

Headquartered in Salt Lake City, Utah, Sustainable Power Group (sPower) is an owner and operator of utility and distributed electrical generation systems across the US. For more information, visit www.sPower.com.