Construction is underway on a solar system that will power almost all the electrical needs of Jackson’s Six Flags Great Adventure amusement park.
Bedminster-based KDC Solar LLC said Thursday that it had begun work on the 23.5-megawatt solar photvoltaic system, which converts sunlight directly into electricity. When completed, the company says it will be the largest net-metered solar installation in the state.
According to KDC, in its first year the project will generate 30 million kilowatt hours of clean electric, or the equivalent of powering 2,787 homes.
Debt financing for the project was provided by Seminole Financial Services. Development capital and project equity was arranged by GoldenSet Capital Partners, a sub-advisor to North Sky Capital Alliance Fund II.
KDC Solar is a developer, owner and operator of solar power facilities.