SunPower completes 1.8 MW solar power system for Bloomberg

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SunPower completes 1.8 MW solar power system for Bloomberg

By Greentech Lead America: SunPower has completed a
1.8-megawatt solar power system at Bloomberg’s Skillman, N.J. campus. The
ground-mounted solar tracking system is generating the equivalent of 58 percent
of electricity demand of Bloomberg facility. This is the first completed
renewable energy project at a Bloomberg facility.

“Renewable energy development is a core part of
Bloomberg’s overall commitment to environmental sustainability. This
significant solar installation contributes to Bloomberg’s environmental and
financial goals, and diversifies New Jersey’s energy supply with reliable,
clean and affordable power,” said Curtis Ravenel, global head of
sustainability for Bloomberg.

The system uses high-efficiency SunPower
solar panels with the SunPower T0 Tracker system. The Tracker follows the sun’s
movement during the day, increasing sunlight capture by up to 25 percent over
conventional fixed-tilt systems.

“The T0 Tracker delivers more solar energy per
square meter and greater energy savings than conventional systems, reliably
maximizing the clean, renewable solar power generated on site for the next 20
years or more,” said Howard Wenger, SunPower president, regions.

The system is owned by a subsidiary of Integrys Energy
Services. Bloomberg receives electricity at prices below retail rates with no
initial capital investment. Integrys Energy is also selling the solar renewable
energy credits and environmental attributes associated with the project.

“With this system, Bloomberg is achieving
significant long-term cost savings on electricity and supporting renewable
energy development that is critical to environmental health and energy
independence,” Wenger added.

The system is being partially financed through
PSE&G’s Solar Loan Program, through which PSE&G offers low-interest
loans for solar power development.

5.5 MW SunPower solar systems at Scottsdale school district to
save $25 million

Recently, Scottsdale Unified and SunPower said their 5.5
MW SunPower solar power systems at 11 district schools will reduce the
district’s electricity costs by $25 million over the next 25 years. By
partnering with SunPower, Scottsdale Unified School District is maximizing
savings and ensuring clean environment.

 

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