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Cathay LA Cashes In On LADWP Solar Feed in Tariff

SANTA CLARA, Calif., June 10, 2015 (GLOBE NEWSWIRE) -- Vista Solar, a California commercial solar design and installation firm, today announced that it has completed a 450-kilowatt (kW) rooftop solar system for food distributor, Cathay LA.

The system at Cathay LA will produce energy which will be purchased by the Los Angeles Department of Water and Power (LADWP) under a Feed in Tariff (FiT) program at a fixed rate over 20 years.

"We are excited to be producing clean energy for LADWP at a fair market price," says Cathay LA owner David Lim. "It's a win-win program and a model for the nation."

All participating FiT systems are located within the LADWP's service territory and interconnected to the LADWP electrical distribution system. The program seeks to encourage renewable energy development within the Los Angeles Basin and help meet the 33% Renewable Portfolio Standard mandate by 2020.

Construction of the rooftop system took about three weeks to complete, and covers 44% of the 67,000 square foot rooftop. The equipment utilized includes 1,385 high-efficiency Suniva 325 watt modules, SMA Tripower inverters and a SunLink mounting system.

About Vista Solar

Vista Solar is an award-winning commercial solar firm serving California businesses. Providing $0-down financing solutions that allow companies to increase their bottom-line without any capital outlay, Vista Solar specializes in the design and installation of rooftop, carport, and ground mount solar solutions that generate dependable energy production and long-term financial benefits for businesses. For more information, please visit www.vista-solar.com.

About Cathay LA

Cathay L.A. Inc. was founded in 1979 when its founder, Mr. Khun Lim, realized a growing demand for Asian food products within the local Chinese community. Initially selling only a handful of items off the streets of Chinatown in Los Angeles, Cathay L.A. Inc. is now a full-line wholesale food and kitchen supplies distributor, boasting an inventory line of over 20,000 different products ranging from dried goods to kitchenware. For more information, visit http://www.cathayla.com.

Photos accompanying this release are available at:

http://www.globenewswire.com/newsroom/prs/?pkgid=33667

http://www.globenewswire.com/newsroom/prs/?pkgid=33668

CONTACT: Christie McCarthy 408-844-7159 christie@vista-solar.comSource: Vista Solar