Aerojet Project Will Be One of the Largest Industrial Installations in the U.S. ROSEVILLE, Calif. & SACRAMENTO, Calif.--(BUSINESS WIRE)--Aerojet, a GenCorp (NYSE:GY) company, and Solar Power, Inc. ("SPI") (OTCBB:SOPW) announced jointly today that they have entered into an agreement to build a 3.5 megawatt solar system at Aerojet's Sacramento, California facility. The site is located within the Sacramento Municipal Utility District (SMUD). This is the first solar system Aerojet has installed and it is a significant part of the company's environmental and sustainability initiatives. During its first year of use, the Aerojet system is expected to offset approximately 4,200 tons of carbon dioxide, 16.7 tons of sulfur dioxide and approximately 6.5 tons of nitrogen oxide that would have otherwise been produced using fossil fuel power production. The first-year net clean energy benefits equate to offsetting approximately 8,270,000 car miles driven or the clean air benefits realized from planting 976,520 trees. With a system life expectancy of 25 years, the cumulative life-cycle environmental offsets for a system of this scope are significant.
