SOLAR FINANCES SOLAR

THiNKnrg Installs One of the Largest Solar Rooftops in Palo Alto at the Oshman Family JCC Using Trina Solar’s Trinasmart Modules; 397.5 kW rooftop solar installation to save JCC over $1.5 million over 20 years, reducing carbon footprint of LEED certified campus by 9,500 tons

February 25, 2014 (THiNKnrg)

“Palo Alto’s second largest solar roof system has been installed at the Oshman Family JCC (OFJCC) campus…Developed through a partnership with THiNKnrg, the 397.5 kW system is also the largest installation of Trinasmart solar panels to date…[with] 1,840 solar panels spread across the rooftops of the 12 buildings…[It] was financed by a Power Purchase Agreement (PPA), which required no capital cost to the OFJCC and utilized all available incentives. Conergy, a leading global solar photovoltaic downstream company, along with its owner Kawa Capital Management, structured the PPA to supply the OFJCC with renewable energy at less than half the current energy rate. The campus is expected to save $26,000 in the first year and an estimated $1.5 million in energy savings over the 20-year contract. The solar roof system will supply approximately 20 percent of the OFJCC’s energy needs… generate 616,920 kilowatt-hours of electricity and reduce the TKCJL’s carbon footprint by the equivalent of growing over 223,000 tree seedlings or removing 1,814 passenger cars…” click here for more

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