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Syncarpha Capital is a New York based private equity firm dedicated to developing, owning and operating commercial and utility scale photovoltaic (PV) solar energy systems throughout the United States and Canada. Co-founded by Cliff Chapman and Richard Turnure, the firm was launched to capitalize on the tremendous opportunities in the alternative energy sector and to create a vehicle for investing in assets with long duration, excellent credit quality and high risk adjusted returns.

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Siemens Energy Inc. to Provide Services to Syncarpha's Solar Plant in Eastampton, New Jersey

Cliff Chapman

Siemens Energy Inc. has been selected by Syncarpha Capital to provide engineering, procurement and construction services for a 3 MW ground-based PV power plant in Eastampton, N.J.

The plant is scheduled to go online this September. Syncarpha Capital, an investment company launched to capitalize on opportunities in the alternative energy sector, will finance the solar power plant. Utilizing Siemens technology and plant performance guarantees, the solar facility will help to satisfy New Jersey's rapidly growing demand for renewable power, the company says.