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NuGen Capital purchases Solectria's SMARTGRID 500 Inverters

Purchase made for five projects totaling over 13 MW in Massachusetts.

May 08, 2014. By Moulin

Solectria's SMARTGRID 500 Inverters (SGI 500) have been purchased by NuGen Capital for five projects totaling over 13 MW in Massachusetts.

All five systems in Massachusetts are ground-mounted. They are located in Swansea, Lunenburg, Whatley and Hadley. These projects generate net metering credits from the facilities and produce credits that will be made available to manufacturers and municipalities in the area via their utility provider.

"It has been a pleasure to work with Solectria Renewables on these five projects" said David Milner, CEO of NuGen Capital Management. "They are a strong, reliable, local company with excellent products that exceeded all of our requirements. As NuGen expands in the U.S. and abroad we look forward to working with Solectria on future projects."

"It's always an honor to participate in local solar deployments in our home state of Massachusetts," said Phil Vyhanek, President of Solectria Renewables. "We value long term relationships with proven, skilled partners and investors, such as NuGen Capital Management, and we are pleased they place such faith in our technologies and continue to choose us as their inverter manufacturer."

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