Wells Fargo (NYSE: WFC) announced today that it has completed tax equity financing for 6 megawatts’ worth of solar photovoltaic projects in California.

Last November, the bank notified investors and the public of a $100 million partnership with China’s GCL-Poly Energy Holdings, the country’s largest polysilicon producer.

At the time of the November news, Wells Fargo was vague about where the funds would end up. But the bank had said that the goal was to stimulate green jobs in the U.S.

That much is true if the jobs happen to belong to AMSOLAR, the company installing solar systems at the University of San Diego and five high schools in California’s Antelope Valley.

According to a GCL release, “The program allows GCL-Poly subsidiary GCL Solar Energy, Inc. to cost-effectively provide a clean and reliable source of electricity to its customers, including schools, municipalities, corporations, and utilities across the U.S.”

The system being installed at the university will be 1.2 megawatts, and will provide 15 percent of the school’s energy needs, using 5,000 individual solar panels.

According to GCL, this installation will be the tenth largest solar system on a college campus in the U.S.

The five high schools are already enjoying their systems. The arrays, varying in size between 200 kilowatts and 1.2 MW, were completed in December 2010.

In total, Wells Fargo has invested over $480 million in solar projects to date. But the bank has had its hand in a slew of renewable energy projects.

According to the release, “Since making its first project commitment in 2006, Wells Fargo has deployed more than $2.1 billion of tax equity into more than 250 renewable energy projects in the U.S. The projects account for over 4,200 MW of new clean energy capacity across 25 states. Combined, these projects generate approximately 12 terawatt-hours of electricity per year, which is enough clean, renewable energy to power about 1 million American households.”

Pictured: An artist’s rendering of the University of San Diego’s solar system, courtesy of vhaus.de.