Yarotek and Sonnidex Plan to Construct Puerto Rico's Largest Solar Power Station

---

Researched by Industrial Info Resources (Sugar Land, Texas)--Joint venture partners Yarotek LLC (Sunnyside, Florida) and Sonnidex Solar (San Juan, Puerto Rico) are seeking to expand their clean energy portfolio in order to comply with future renewable power goals in Puerto Rico. The companies plan to develop and construct a solar photovoltaic (PV) power station that will be completed in two phases. When it is completed, it will be the island's largest solar power station. Phase I and II will generate a total of about 60 megawatts (MW) of solar PV power for Aguadilla, Puerto Rico. The estimated total investment value of this project is about $180 million.

The solar park will provide a total of 60 MW of clean, reliable and renewable energy, which is enough electricity to power about 90,000 households. It will occupy about 400 acres of land. Yarotek seeks to meet the state's goal by helping commercial and industrial customers reduce the burden of high and rising electricity tariffs, and by providing the cleanest and safest energy possible. They guarantee the most competitive solution and will utilize state-of-the-art polycrystalline solar panels, which are among the most cost-effective being produced today, along with auxiliary equipment to supply renewable energy to the local grid.

Presently, the island produces the majority of its power from imported oil, with the rest of its power generation split between natural gas and coal. This dependence on foreign oil forces Puerto Rico to pay the highest electricity rates in the nation, as well as burn oil to generate power. In addition to the environmental impact, this means that Puerto Rico struggles to comply with federal emissions and environmental regulations.

As a consequence, the government is looking for alternative ways to reduce Puerto Rico's dependence on oil and comply with environmental regulations. This includes looking into other clean, renewable energy resources like waste-to-energy, wind and natural gas. The government is working on these plans to reduce costs for consumers today, while building a clean, modern and reliable electricity system for tomorrow.

The building of this solar park is a step in that direction and will provide local economic benefits by creating new green energy jobs. It also will provide an opportunity for the community to participate in the new international green energy trend and help to secure local electricity generation. Construction of both stations is slated to begin sometime in the middle of 2013. Phase I is expected to be fully operational at the beginning of 2014, and Phase II is scheduled to be operational in the middle of 2014.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.