The McGraw-Hill project was announced in June and is on land adjacent to the privately owned corporations office buildings in the town. The plant is expected to be fully completed by March 2012 and will, in part, supply its 180,000 square foot data center, the central hub of its computer operations. It is expected to reduce the corporations greenhouse emissions by ten percent. The photovoltaic modules will be delivered by November 2011.
Advanced Solar Products will install the modules, using its Solstice Mounting System. The mounting system and McGraw-Hill project have both qualified for New Jerseys Renewable Energy Manufacturing Incentives. The project is a joint venture between McGraw-Hill and NJR Clean Energy Ventures, which will provide $60 million towards the project.
In a statement announcing the module supply deal, LDK Solars Xiaofeng Peng said that the project is a major step into the American market for the company. "LDK Solar has recently invested in the establishment of a U.S. based sales and marketing operation in Silicon Valley, California. A project of this magnitude represents a tremendous opportunity to further expand our North America presence.