solar energy - Google News

FONTANA, Calif. (AP) -- General Motors Corp. said Thursday it will install solar panels on a 300,000-square-foot services and parts warehouse in Fontana, Calif.

The panels will provide about half the electricity needed to run the facility and send enough electricity back into the grid each year to power more than 300 homes.



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GM did not disclose the cost of the system, which it expects to be operational in December. Fontana will reduce greenhouse gas emissions by 355 metric tons each year, GM said, while reducing its electricity costs by about 10 percent a year.

Constellation Energy Group Inc. will design, build, own and operate the system. GM has a long-term contract to purchase solar-system electricity from the company. United Solar Ovonic LLC will manufacture the thin-film solar laminates.

The company has a similar sized solar installation at another service and parts warehouse eight miles away in Rancho Cucamonga, Calif.

"The solar panels in Fontana and Rancho Cucamonga will help us reduce costs and give our community access to solar power," Charlie Hyndman, GM's general director of warehousing and distribution, said in a statement. "It's a win-win."

GM shares rose $1.93, or 6.4 percent, after an upgrade from Citi, and Constellation shares rose 37 cents to $84.82.

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