Cape & Vineyard Electric Cooperative awards the contract on the largest solar photovoltaic system in New England to ACE after considering eight solar vendor competitors. American Capital Energy has installed more than 35 large-scale solar projects since it was founded in 2005.

Lowell, MA – April 25, 2011-- In an effort that has been in the works for more than a year, Cape & Vineyard Electric Cooperative awarded an $85 million contact for installing 18.2 megawatts of solar power to American Capital Energy, www.AmericanCapitalEnergy.com, amidst competition from seven other vendors. The project, which will be financed by private investors, will reuse capped landfills and is expected to save towns $1.42 million in energy cost in the first year.

“U.S. electrical needs could be met if all the capped landfills and environmentally compromised lands known as brownfields nationwide were used as solar farms. If you put solar on all the brownfields and landfills in the country, you could power more than the United States”, says Tom Hunton, President and CEO of American Capital Energy.

Founded in 2005, American Capital Energy offers turkey, custom design solutions that allow their clients to control the energy that they use. For more information watch the ACE Video at www.impactmovie.com/americancapital. Media inquires contact Robin Speronis, New Dawn Communication, 727-242-7611.