SolarSense announces the construction, commissioning and live operational status of 381 kW of Solar PV production in its' behind-the-meter commercial solar fleet. The projects, completed with EPC firms Solular, Eclipse Solar, and Kearse Electric, weathered the unprecedented earthquake, hurricane and rain which hit NJ in 2011 without a hitch. Actual performance results for the fleet in its first year of production were 107.6% (comparing actual kwh production vs. forecasted PV Watts production).SolarSense attributes this performance success to the combination of: Highly competent EPC firms; Best in class designs; Industry-leading Tier 1 products including MOTECH, SunPower and MAGE Solar PV Panels, and SMA and Enphase Inverters; And proactive performance monitoring and O&M on the fleet.
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SolarSense and AEDG (the "Entities") announce the hiring of 23-year Renewable industry veteran Fritz Krussman as Executive Vice President, Finance. Fritz joins the entities Executive Team, following a successful career in renewables/solar with GE Renewables, MOTECH, and AstroPower. Fritz owns "The Office of Finance" for the entities, including Project Finance, Forecasting, Planning, Tax and related matters. Fritz has been a valued member of the Board of Advisor and equity owner of the entities since their inception.
SolarSense secures $745,000 in new capital for the construction and project financing of (2) host customers’ commercial Solar PV system in NJ. Terms of the debt financing are undisclosed.
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