Worldwater Corp (WWAT) announced that it has obtained requisite financing and all applicable rebates for the solar electric system to be installed at Valley Car Wash, Inc. of Van Nuys, California.

Construction will begin within weeks on the $676,000 project. Located on Van Nuys Boulevard in the heart of the San Fernando Valley, the rooftop photovoltaic (PV) installation will substantially reduce the car wash's electrical costs. Valley recently received approval of a 42% rebate of the full installation cost by Southern California Gas Company through the California Public Utilities Commission's Self Generation Incentive Program (SGIP). [ more ]