Greentech Lead
America: Skyline Innovations, a commercial solar heating company, and WGL
Holdings, have completed solar water heating systems for three multifamily
buildings in southern California.
The buildings are owned by Williams Holdings and it will
receive solar hot water at a 25 percent fixed discount to their utility rate
for water heating.
Skyline provided the solar water
heating systems at no upfront cost. This project marks Skyline’s 31st
project for multifamily housing and the expanded availability of its financing
solution to businesses and multifamily buildings in California. The systems
were installed by California Solar Thermal and SunUp Energy of San Diego.
Williams Holdings’ systems will be eligible for the
California Solar Initiative’s Thermal Program. This program offers rebates of
up to $500,000 for affordable multifamily housing units that install solar
thermal units to displace natural gas water heating.
Skyline Innovations provides $30 million solar heating
project financing arrangement with WGL Holdings to address the
growing market opportunity for solar hot water and customer demand for savings.
Skyline Innovations uses solar collectors to heat
water. The use of this clean, free energy source allows Skyline to provide a
fixed discount off of its customers’ current and future utility rate. Unlike
conventional solar financing, Skyline eliminates all financial risk to the
customer from utility rate fluctuation.
“Skyline Innovations’ business model and technology
platform make it a leader in the solar heating and cooling space. Skyline’s
continued expansion aligns with our strategic position and vision of supporting
clean and efficient energy solutions in high growth segments of the energy market,”
said Rick Moore, division head of strategy and business development at
Washington Gas, a subsidiary of WGL Holdings.
WGL Holdings and Washington Gas install Bloom Energy Server to
cut CO2 emissions
Recently, WGL Holdings installed a Bloom Energy Server
at its subsidiary Washington Gas’ new Springfield Center. The installation will
help the facility reduce CO2 emissions by approximately 50 percent. With this
installation, Washington Gas now has a solid oxide fuel cell that converts
clean natural gas directly to electricity.
editor@greentechlead.com