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UVI Signs Solar Power Purchase Agreement
Date:8/2/2013

St. Thomas, U.S. Virgin Islands (PRWEB) August 03, 2013

The University of the Virgin Islands entered a new era on Tuesday, July 30, with the signing of a power purchase agreement with New Generation Power (NGP) USVI. NGP will build a three megawatt photovoltaic system that is expected to produce 4.5 million kilowatt-hours annually. UVI President Dr. David Hall and NGP Chairman Dr. Chirinjeev Kathuria announced the venture on the UVI St. Thomas Campus on the site where the solar project will be erected. The system will use approximately 4.2 acres on the St. Thomas Campus and 3.9 acres of the Albert A. Sheen Campus on St. Croix.

This renewable energy initiative is expected to reduce UVI’s reliance on fossil fuels by at least 50 percent, make UVI more environmentally friendly and provide cutting-edge research in the area of renewable energy for students and faculty. As part of the 20 year agreement, NGP will also provide charging stations for electric vehicles. “It is an exciting moment in the history of UVI and a compelling moment for our future,” said UVI President Dr. David Hall. “Our operating budget at the University has been reduced by $6 million in the last few years and this effort will allow us to try to restore some of what we have lost. This three megawatt facility will be one of the largest of any HBCU in the nation and one of the largest of any university in the country.”

“The sun is a source of power that if properly harnessed can change the paradigm and the way we look at energy in every manner,” said NGP President Phil Fisher. “So here in the U.S. Virgin Islands where sun and sand is prominent and folks from around the world come to enjoy their time here, it is absolutely befitting that we find a way to harness that energy and bring the University and indeed the entire territory from crisis to greatness.”

Dr. Kathuria said the success of the project will make UVI a model for the entire Virg
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