The 318-kilowatt (kW) DC solar photovoltaic (PV) system to be installed on the rooftop of the Thule Distribution Center will provide about 26 percent of the facility’s total electrical needs. According to the CCEF, the project involves a power purchase agreement with Nautilus Solar Energy, LLC. Under the agreement, Thule purchases electricity produced by the solar system at a fixed rate below its current utility rate and Nautilus receives federal tax incentives, rebates and renewable energy credits associated with the project. American Capital Energy will design and install the solar system.

“This is an excellent example of government promoting the use of renewable energy in a way that is consistent with the state’s need to foster a healthy business climate. I want to thank Governor Rell for her support, and congratulate Thule on its efforts to run a successful business in an environmentally responsible way,” said Senator Kane.

“Being environmentally responsible and business-savvy are not mutually exclusive. This project is an excellent example of how government can help businesses succeed in a way that benefits them, benefits our regional economy and benefits the environment. I want to congratulate Thule, and thank Governor Rell for her support,” said Senator Debicella.

The Connecticut Clean Energy Fund was created by the General Assembly and is funded by electric ratepayers to promote, develop and invest in clean energy sources to strengthen the state’s economy, protect community health, improve the environment, and promote a secure energy supply for the state. CCEF is administered by the Connecticut Innovations, a quasi-public authority.