Gemma Renewale Power Signs $16.6 Million EPC Contract

 Argan Inc. announced that its wholly owned subsidiary Gemma Power Systems, through its wholly-owned subsidiary Gemma Renewable Power LLC, has signed an approximately $16.6 million EPC contract with Southern Sky Renewable Energy Canton LLC to design and build a 5.7-MW solar energy facility consisting of approximately 19,800 PV panels located on a closed capped landfill in Canton, Massachusetts. When completed in the summer of 2012, the solar energy project will cover approximately 12.5 acres of the 40 acre landfill. GRP has received a full release to start all construction and engineering activities.

Ralph Palumbo, Managing Director of Southern Sky Renewable Energy, LLC stated: “SSRE is very pleased to have selected Gemma Renewable Power LLC as its EPC contractor. The team of professionals that Gemma has provided to the Canton Landfill Solar project consists of experienced energy facility engineers and constructors. Gemma project management will result in the construction of a successful landfill solar project.”

Rainer Bosselmann, Chairman and Chief Executive Officer of Argan stated, “We are pleased to assist in meeting the electricity needs of the citizens of Canton, Massachusetts with a clean renewable energy source. We welcome the opportunity to work with the Southern Sky Team on this important solar energy facility. With the start of the Canton solar energy project, Gemma Power Systems is currently constructing facilities using three different types of renewable energy technologies — solar, wind and biomass.”

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