Monday, February 11, 2008

EI Solutions Gets Solar Install Win With BT

BT Group plc, the global telecommunications firm formerly known as British Telecommunications, said this morning that it is in an agreement to use Pasadena-based EI Solutions to construct a photovoltaic system for its North American headquarters in El Segundo. BT said that it will construct a 500 kW solar photovoltaic system at its headquarters using EI Solutions, which was selected through a competitive bidding process. Financial details of the deal were not disclosed. According to BT, the system will be purchased by Solar Power Partners which will sell the power through a fixed contract to BT. EI Solutions is the solar installation arm of Energy Innovations, which is venture backed by Idealab; MDV Mohr, Davidow Ventures; and Westlake Venture Partners.

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