MJP International recently announced that it has engaged Alpha Energy LLC to develop a plan for a 5000 kilowatt solar-powered energy generation plant to be located in the US with an estimated cost of approximately $20,000,000. Alpha Energy will, among other things, advise the company about a suitable site for the plant, which will have to be around 25 acres that is located in proximity to high voltage power lines for more economical access to feeding the grid. The study will also encompass environmental impacts (such as potential wildlife and endangered species), permitting and zoning as well as energy assessments.
“We are very pleased to have begun laying the groundwork for this significant project and are considering sites in California, Arizona and Nevada at the moment. A 5 megawatt power plant is a serious project that, if successful, would cement the company as an important participant in the American solar industry,” mentioned the CEO of MJP International. “The scientific community is in agreement that solar and wind energy will play a major and critical role in sustaining our country’s future energy needs.” The company plans to finance the cost of the build-up from private equity, and will benefit from the project by being the exclusive provider of solar panels and related equipment. It will also seek a contractual maintenance agreement for a period of 10 years.