Solar Power Partners Owns, Operates, and Manages Solar Energy Facilities at Two California Healthcare Facilities MILL VALLEY, Calif.--(BUSINESS WIRE)--Solar Power Partners, Inc. (SPPTM) today announced that two recently-completed solar systems at health care facilities in California are in operation and generating power. The solar systems include a 668.80 kW system at Marshall Medical in Cameron Park, CA, and a 226.80 kW system at St. Mary Medical Center in Apple Valley, CA. Each solar facility was financed and developed using a solar Power Purchase Agreement (PPA), which allows SPP to own, operate, and manage the solar system for the length of the agreement, usually over twenty years. The host sites pay only for the energy produced by the system and put no cash upfront, freeing capital for other projects and stabilizing their energy rates. SPP manages each facility through its dedicated asset management team, which uses real-time data monitoring to provide detailed management profiles for the systems. James Whipple, Marshall Medical Center CEO, said, "Solar Power Partners made the process of incorporating solar energy at Marshall Medical easy. We hope that our project encourages other healthcare facilities to engage in obtaining renewable energy. It's a win for everyone: our organization, our patients, and the community." SPP closely oversees the technology, design, and engineering of each project. In-house engineering, construction management, and asset management teams bring over fifty combined years of experience so that challenges are resolved efficiently and fast. SPP's financial modeling incorporates detailed site profiles and offers the best possible rates for the customer. Marshall Medical is a nonprofit community healthcare provider with an outpatient facility in Cameron Park. The solar facility is a fixed elevated array structure in a parking lot adjacent to the facility. The healthcare provider wanted to incorporate solar energy as part of their commitment to the environment and desire to stay economically savvy. SPP's solar PPA was ideal for Marshall Medical in that Marshall had no cash outlay for the project, and under SPP's ownership, operation, and maintenance, Marshall worries about no associated upkeep costs. The system produces an estimated 901,805 kWh annually, which is equivalent to 648 metric tons of carbon dioxide, or emissions from 73,553 gallons of gasoline.
