AstroPower Enters Agreement with Clarum Homes

June 24, 2002 by Jeff Shepard

AstroPower Inc. (Newark, DE) announced an agreement with Clarum Homes, which will make solar-electric power a standard feature in two new Clarum communities. The agreement provides that AstroPower will supply 277 solar-electric home power systems within the next three years, and they will be standard on every home in the new Vista Montana community in Watsonville and the new Shorebreeze IV community in East Palo Alto.

Clarum will incorporate AstroPower's 1.2kW, 1.6kW, 2.4kW and 3.2kW SunLine packaged solar-electric power systems, which generates solar-electric power and delivers it through the home's existing circuits. Electricity not used in the home is sent back to the utility grid, spinning the utility meter backward and generating a credit on the homeowner's utility bill.

"There is significant momentum driving solar-electric power into the hands of mainstream consumers," said Allen Barnett, president and CEO of AstroPower. "This agreement is significant not only because Clarum has adopted solar power as a standard feature but also because it is bringing this value to homebuyers in multiple communities."