SEATTLE, WA, Oct 26, 2011 (MARKETWIRE via COMTEX) -- Wild Brush Energy (PINKSHEETS: WBRE) has signed an agreement with global solar panel producer and distributor Renogy LLC, to supply and install up to 5 Mw of photovoltaic panels. The letter also outlines an arrangement for Renogy to provide its vertically integrated turnkey park installation expertise in the development of Wild Brush's US Solar Park Projects.
Renogy is an international player of production and distribution of solar panels. The Company is vertically integrated from solar ingot to solar modules, to turnkey solar project development. Renogy is also a subsidiary of solar giant Shangpin Solar of China.
The project target size is approximately 5 Mw. This would provide an annual power output upwards of 6.5 GWh. A solar park of this scale will supply approximately 1600 households with renewable energy, and reduce carbon emissions by about 3800 tons annually. Global Solar production is expected to exceed $100 billion by 2014.
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