SOURCE: American Clean Energy

American Clean Energy is a developer of commercial and industrial solar installations

December 21, 2010 18:25 ET

American Clean Energy Cements Deal With Artistic Tile to Install a Roof Mounted Solar Energy Array Through a Power Purchase Agreement at Their Headquarters in Secaucus, New Jersey

SADDLE BROOK, NJ--(Marketwire - December 21, 2010) - American Clean Energy entered into a Power Purchase Agreement to own and operate a 523 kW solar array for Artistic Tile at their Secaucus, NJ headquarters and warehouse site. The solar electric system, comprised of nearly 2,300 panels, will be located on the roof utilizing a ballasted racking system and provide the bulk of the electric energy consumed by the facility. Bysolar, Inc. of Denville, New Jersey will be performing the design and installation work on the project.

"Timing for this project is good," said Steve Morgan, CEO of American Clean Energy. "Artistic Tile will begin benefiting from solar energy production early next year and as the economy rebounds we know we can expect energy prices in New Jersey to return to the double digit price increases we were experiencing the three years before the recession began. This agreement will provide them with substantial savings over the term and eliminate price volatility and unpredictability going forward."

Zach Epstein, VP of Artistic, added that "In addition to the energy savings, we are very excited about achieving the environmental benefits that going solar provides. It fits well with our vision to provide quality natural products that create sustainable design solutions for our customers' projects."

About American Clean Energy
American Clean Energy is a New Jersey based developer of solar installations for commercial and industrial customers. We develop and own solar installations on commercial and industrial host customers' sites and sell the resultant electricity to those customers using Power Purchase Agreements. Our team truly understands the energy marketplace and brings extensive experience in energy infrastructure, project development, finance and construction. For more information on American Clean Energy please call 973-718-2315, email Info@AmCleanEnergy.com or visit www.AmCleanEnergy.com.

About Artistic Tile
Artistic Tile is one of the largest wholesale distributors of luxury tile and stone in the country, and offers unique products to architects, designers and homeowners available for immediate delivery. The company is a family-run business headquartered in Secaucus, NJ. Artistic Tile brand products are distributed through Artistic Tile showrooms across the United States, as well as through a network of more than 150 dealers. For more information about Artistic Tile, visit www.artistictile.com.

About Bysolar, Inc.
Bysolar is a leading provider of turnkey solar energy solutions that designs and installs cost competitive photovoltaic systems for commercial and institutional companies in New Jersey. By applying high performance, innovative technology of the highest quality and value, Bysolar provides clean, profitable and responsible energy solutions for its clients. For more information about Bysolar, Inc., call 973-784-4191 or visit www.bysolar.com.

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