PENNINGTON, N.J., Nov. 21, 2005 (PRIMEZONE) -- WorldWater & Power Corp. (OTCBB:WWAT), developer of proprietary high-powered solar energy systems, today announced that it has signed a $928,928 contract to build and install a solar electric power system for a commercial building in Sewell, NJ.
The photovoltaic (PV) system will be designed to generate enough kilowatt-hours to substantially offset the annual electricity consumption of the building. Excess electricity generated during the summer months will be exported to the Atlantic City Electric Company power grid. At times when the consumption exceeds the generation capacity of the PV system, supplemental power will be drawn from the grid. The contract is subject to approval of the New Jersey Board of Public Utilities Clean Energy Program CORE rebate, following which installation is expected to begin immediately.
About WorldWater & Power Corporation
WorldWater & Power Corporation is a full-service, international solar engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's water supply and energy problems. For more information about WorldWater & Power Corp., visit their website at www.worldwater.com.
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