October 1, 2007 – Vol. 12 No.28

Denver International Airport (DIA) to Get 2 Megawatt Solar Power Plant.

Immediate construction will begin on system to be engineered and installed by WorldWater & Solar Technologies Corp. Completion is expected in 2008.

MMA Renewable Ventures LLC, a subsidiary of Municipal Mortgage & Equity will finance, own and operate the installation through a Power Purchase Agreement (PPA).

WorldWater’s photovoltaic system of ground mounted tracking solar arrays will be located at the entrance to the main terminal. It is expected to generate 3.5 million kilowatt-hours (kWh) of clean electricity annually.

The project is part of the Xcel Energy Solar Rewards program and will receive a rebate to offset the upfront construction costs. Xcel Energy will purchase the renewable energy credits from the solar energy produced in support of Colorado’s Renewable Energy Standard, which requires large utilities to generate 20 percent of their power from renewable energy sources by 2020. With the City of Denver, Xcel Energy will develop an educational display for DIA’s main terminal to explain the benefits of solar energy.

DIA is the fifth busiest international airport in the US and served nearly 50 million passengers in 2006. (10/1/07)

Links:

WorldWater & Solar Technologies Corp. http://www.worldwater.com

MMA Renewable Ventures http://www.mmarenewableventures.com

Xcel Energy http://www.xcelenergy.com

Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No

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