(Source: Business Wire)

Aerojet,
a GenCorp
(NYSE:GY) company and Solar Power, Inc. ("SPI")(OTCBB:SOPW),
announced jointly today that the companies have entered into agreement
to add an additional 2.4 megawatts to the single-axis tracker
photovoltaic solar system currently installed at Aerojet's Sacramento,
California site. Construction of the 3.6 megawatt solar system at
Aerojet's facility was initiated in June of 2009. By expanding the
system to six megawatts, the installation will be the largest
single-site industrial location in California and one of the largest in
the country. The site is located within the Sacramento Municipal Utility
District (SMUD).
The announcement of an additional 2.4 megawatts was made during today's
dedication event and press conference hosted by Aerojet, SPI and SMUD.
The event was held at the same location where California Governor Arnold
Schwarzenegger signed an executive order on Sept. 15, 2009 calling for
33 percent of energy consumed in California to come from renewable
resources by the year 2020. Heralding the expansion of the solar array,
Governor Schwarzenegger said, "The addition of this large-scale solar
project is further evidence that reliable, renewable and pollution-free
technology is here to stay. And this project is great news for
California because it will help us meet our ambitious renewable energy
and environmental goals, lead to more homes and businesses powered by
sunshine and create new jobs in the clean-tech industry."
"We like to say At Aerojet, it really is rocket science," said Scott
Neish, president of Aerojet. "For sixty years, energy management has
been at the root of our aerospace operations, and our venture into
broader energy management programs demonstrates the real commitment
Aerojet is making towards operating in a more sustainable fashion and
reducing our company's carbon footprint. This solar partnership is a
concrete example of this commitment."
The solar array at Aerojet is a ground-mounted system utilizing a
single-axis tracking system that follows the sun's course throughout the
day to maximize electricity production. The additional array will
utilize 11,712 SPI 205 watt modules mounted atop eight tracking arrays.
When completed, the entire six megawatt system will cover more than 40
acres of the Aerojet site and utilize 22 tracking arrays and 29,344 SPI
205 watt photovoltaic modules. Based on its performance characteristics,
the SPI 205 watt module is currently the number one ranked PV solar
module in its class with the California Energy Commission.
"Prior to this addition, the Aerojet project was already one of the
largest system installations in the U.S.