Friday June 22, 12:20 pm Eastern Time
AstroPower Enters Agreement With US Home to Power the World's Largest Community of Single-Family Grid-Connected Solar Electric-Powered Homes
Leading U.S. Homebuilder to Install AstroPower Solar Electric Power Systems on 500 Single-Family Homes in Southern California
biz.yahoo.com
NEWARK, Del., June 22 /PRNewswire/ -- AstroPower, Inc. (Nasdaq: APWR - news) announced today that it has been selected by US Home, a division of Lennar Corporation (NYSE: LEN - news), to supply at least 500 solar electric home power systems beginning in 2003 for US Home's new home construction. Under the agreement, US Home will offer AstroPower's solar electric home power systems as a standard feature within its Bickford Ranch community, located in Lincoln, CA. With a goal of 1,000 solar-powered homes, Bickford Ranch would be the world's largest community of single-family grid-connected solar electric- powered homes.
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US Home will offer its homebuyers AstroPower's SunUPS(TM) solar electric home power system with battery backup. A premium power system, it provides homeowners with uninterrupted power even during utility outages. Alternatively, homeowners can choose AstroPower's SunLine(TM) system, which offers the same packaged components of the SunUPS system without the continuous power option. |
