KYOCERA Solar Modules Help Connecticut Residents Reduce Environmental Impact

  KYOCERA Solar Modules Help Connecticut Residents Reduce Environmental Impact

  Somers Solar Center is KYOCERA’s latest U.S. turn-key solar power project

Business Wire

SCOTTSDALE, Ariz. -- January 13, 2014

Connecticut residents who made a New Year’s resolution to reduce their
environmental impact may be getting a boost without even realizing it.

On December 23, 2013, a 5-megawatt AC (7.4MW DC) installation of
high-reliability Kyocera solar modules began commercial operations at Somers,
Conn., providing enough annual generating capacity to offset the power needs
of approximately 5,000 homes. The Somers project is the latest that Kyocera
has developed and financed in the United States.

“Kyocera solar modules have earned a reputation for being some of the most
efficient and reliable in the industry, built on our 38 years of experience in
manufacturing photovoltaic energy solutions,” said Steve Hill, president of
Kyocera Solar Inc. “Based on that history, we know Kyocera modules can be
counted on to continue yielding high energy output for the 20-year agreement
and beyond, serving Somers Solar Center and the people of Connecticut well.”

The system’s solar modules offer an effective way to reduce carbon dioxide
emissions, which scientists regard as a primary contributor to climate change.
Somers Solar Center will produce more than 10,200 megawatt-hours (MWh) of
clean, renewable electricity annually, with a carbon impact equal to reducing
oil consumption by 16,779 barrels ― or taking 1,503 cars off the road.

Kyocera International Inc., a North American holding company for Kyocera
companies including Kyocera Solar, in collaboration with CleanPath, a San
Francisco-based clean energy project company, financed and developed Somers
Solar Center before transferring ownership and operation to Dominion, one of
the largest U.S. producers and transporters of energy. Prime Solutions Inc., a
Connecticut-based engineering, procurement and construction company, designed
and built the system using 23,150 Kyocera 320-watt solar modules.

Somers Solar Center occupies 50 acres in north-central Connecticut, roughly
four miles south of the Massachusetts state line. The project represents a new
solar project development business strategy for Kyocera and the continuation
of Dominion’s commitment to a diversified portfolio of renewable energy.
Kyocera is in the process of developing and financing more solar projects like
this one using its four decades of experience in providing reliable, efficient
solar energy solutions.

“As a $13.6 billion global enterprise that has been profitable throughout its
54-year history, Kyocera is leveraging its financial strength to develop and
finance solar projects under highly attractive terms,” Hill continued. “This
new business model enables Kyocera to offer its high-quality modules and
unmatched track record to customers at very competitive rates.”

Kyocera’s new status as a U.S. solar project developer follows the precedent
it set in Japan, where it owns and operates a 70MW solar installation in
Kagoshima, and is in the process of building 30 to 35 additional smaller-scale
solar projects to provide an additional 60 to 70MW of renewable generating
capacity. In November 2013, Kyocera and Madison School District in Phoenix,
Ariz., inaugurated a 1.6MW solar energy project that will offset over 60
percent of the school district’s annual electricity consumption.

To learn more about Kyocera Solar Solutions for both residential and
commercial projects in the U.S. and Mexico, please contact
infosolar@kyocera.com or 800-223-9580.

About KYOCERA
Kyocera is one of the world’s leading producers and suppliers of solar
photovoltaic modules and systems. With a 38-year history of innovation in
solar technology, the company is recognized as an industry pioneer and has set
repeated world records in multicrystalline silicon cell efficiency. Kyocera
serves thousands of residential and industrial customers in both developed and
developing regions, with more than 4 gigawatts of solar collection equipment
installed since 1975.

Kyocera Solar, Inc. is headquartered in Scottsdale, Arizona with regional
sales affiliates in the Americas and Australia, and solar module manufacturing
facilities operated by Kyocera Mexicana, S.A. de C.V. of Tijuana, Mexico.

Kyocera Corporation (NYSE:KYO) (TOKYO:6971), the parent and global
headquarters of the Kyocera Group, was founded in 1959 as a producer of fine
(or “advanced”) ceramics. Kyocera specializes in combining these engineered
materials with other technologies to create solar power generating systems,
printers, copiers, mobile phones, electronic components, semiconductor
packages, cutting tools and industrial components. During the year ended March
31, 2013, the company’s net sales totaled 1.28 trillion yen (approx. USD13.6
billion).

Contact:

LPI Communications
Leasa Ireland, 310-750-7082
leasa@lpicommunications.com
or
Brad Shewmake, 858-735-8748
brad@lpicommunications.com
 
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