Business & Investments

New Solar Power Systems at Point Loma Nazarene University to be Publicly Unveiled Nowadays

Point Loma Nazarene University

San Diego, CA (PRWEB) November 18, 2011

Two new solar systems will be devoted at a ribbon-cutting ceremony held these days at Point Loma Nazarene University (PLNU). The new 620kW DC photovoltaic (PV) technique and 54 kW solar thermal hot water method on PLNU’s campus will supply a combined savings of up to $ 1.6 million over the next 20 years. The projects create on PLNU’s very first solar PV technique developed by SPG Solar in 2008. PLNU continues to show their commitment to sustainability with one of the highest ratios of solar power to students in the U.S.

SPG Solar – a leading national solar power company – developed, engineered and constructed the 620kW technique that spans two rooftops and 5 solar carports, employing Kyocera KD 235-watt solar panels. Perpetual Energy Systems financed the method via a Energy Buy Agreement under which PLNU will acquire the electricity produced at a predetermined rate over 20 years.

Concurrent to the PV system’s construction was the installation of a 54 kW solar water heating method by Adroit Solar, an integrator of solar thermal systems. The technique will give an estimated 940 gallons of hot water a day to the student dorms and save the university $ 5,000 annually on utility bills. The project was financed by the Student Green Fund, a $ 5 semester fee initiated by students to offer funding for sustainability efforts on campus.

The two projects, which include much more than 2,600 Kyocera solar panels, are expected to create over 917,000 kilowatt-hours annually and give a savings of up to $ 1.6 million more than the subsequent two decades.

What the partners are saying about these innovative solar projects:

“PLNU strives to be forward thinking and take a leadership role in sustainability efforts and environmental stewardship,” said Dr. Bob Brower, president of PLNU. “The stewardship of resources is 1 of our core values. It was by way of the robust partnership with Kyocera, SPG Solar, Perpetual Power Systems, and Adroit Solar that we were in a position to expand our solar portfolio.”

“SPG Solar values its wonderful partnership with Point Loma Nazarene University, to date installing practically 1 megawatt (MW) of solar power on the campus,” stated SPG Solar CEO Chris Robine. “Through the devoted support from the students, faculty and staff, PLNU is a leader and preparing for the future – securing predictable power rates and enriching the educational experience for the students with this cross campus solar energy program.”

“PLNU is 1 of the most innovative universities, filled with students and faculty who are driven by power, water and resource conservation. We applaud their selection to install a solar thermal technique, which further showcases their sustainability efforts and gives consistent financial savings for years to come,” stated Jim Backman, President of Adroit Solar.

“Recognized for its leadership in the region of sustainability, PLNU has joined a growing number of environmentally conscience academic institutions whose investment in clean solar generated-electricity will benefit future generations,” mentioned Steve Hill, president of Kyocera Solar, Inc.

“PES is proud to count PLNU among the ranks of universities that clearly comprehend the benefits of hosting solar energy via power purchase agreements,” stated Michael Streams, Senior Vice President of Perpetual Energy Systems.

About Point Loma Nazarene University

Point Loma Nazarene University is a selective Christian liberal arts university situated in San Diego, California. Founded in 1902, PLNU is known not only for its 90-acre campus overlooking the Pacific Ocean but also for its well-rounded, forward-thinking graduates. In addition to a lot more than 50 undergraduate locations of study, PLNU gives graduate plan regional centers in Bakersfield, Arcadia, Mission Valley (San Diego) and the Inland Empire. PLNU serves far more than 3,500 students. To learn a lot more about PLNU visit http://www.pointloma.edu.

About SPG Solar

SPG Solar is a leading national solar power company providing the highest good quality and most trustworthy distributed solar power systems to huge commercial, industrial, government and public power users. Headquartered in the Bay Area, California, SPG Solar has been delivering the highest good quality solar power solutions to its buyers for more than a decade. SPG Solar supplies the ideal items and services to customers from the SPG Solar SunSeeker® Tracker, a leading ground mount technique producing far more solar energy, to SPG Solar Structured Finance, a team providing a full array of monetary resources and expertise. With more than 68 megawatts installed coast-to-coast, SPG Solar is a confirmed solar partner. For far more information on SPG Solar and distributed solar power, please check out http://www.spgsolar.com.

About KYOCERA

Kyocera Corporation, a public business (http://global.kyocera.com/), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also identified as “advanced ceramics”). By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has grow to be a leading supplier of solar power generating systems, telecommunications equipment, printers, copiers, electronic elements, semiconductor packages, cutting tools and industrial ceramics. During the year ended March 31, 2011, the company’s net sales totaled 1.27 trillion yen (approx. USD15.3 billion). The firm is ranked #604 on Forbes magazine’s 2011 “Global 2000” listing of the world’s largest publicly traded organizations.

About Perpetual Power Systems

Perpetual Power Systems is an independent power provider of solar energy projects, and has completed systems for Caltech, Santa Clara University, University of Delaware, Siemens, Jefferson Union School District and the City of Hollister, to name a couple of. By utilizing the Energy Buy Agreement (PPA), Perpetual is able to supply educational, industrial, commercial and municipal enterprises with on-site clean, energy resources with no capital (zero) outlay required from the host. Perpetual combines renewable power tax incentives with conventional financing and sponsor equity to accomplish the design, construction, installation, operations and maintenance of renewable energy systems. For a lot more info, please get in touch with Michael Streams at (310) 497-2134, or go to http://www.goperpetual.com.

About Adroit Solar

Adroit Solar is a San Diego renewable energy and energy effective technology contractor with 25 years of experience in the business. Adroit Solar installs solar photovoltaic, solar thermal, ground source geothermal heating and cooling systems, radiant heating and cooling systems, hydrogen fuel cells, micro turbines and offers style and specification function for development of energy independent “net zero,” high-end residential and commercial properties. They are a licensed contractor in California and Hawaii with C46 (solar) and C36 (plumbing) licenses, a member of the U.S. Green Constructing Council (USGBC). Check out http://www.adroitsolar.com to find out more.

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