Owens Corning and SunEdison Activate 440 Kilowatt PV Solar System in Kearny, NJ
November 09 2009 - 9:01AM
Business Wire
Owens Corning (NYSE: OC), world leader in building materials and
glass fiber reinforcements, and SunEdison, North America’s largest
solar services provider, announced the activation of a 440 kilowatt
(kW) roof-mount photovoltaic (PV) solar system at Owens Corning’s
Kearny, New Jersey facility. The activation took place on Sept. 21,
the day before SunEdison was awarded the first energy stimulus
grant in the solar industry, under the American Recovery and
Reinvestment Act (Recovery Act).
Under a long-term solar power services agreement (SPSA), Owens
Corning will use a PV solar system at its Kearny facility that is
financed, constructed and to be maintained by SunEdison. The new
system will produce more than 522,000 kilowatt hours (kWh) of
clean, solar energy in the first year of operation alone. Over 20
years, the PV solar system in use at Kearny will produce more than
9.5 million kWh, enough energy to power 893 average U.S. homes for
a year, according to SunEdison projections.
“A critical part of Owens Corning’s sustainability strategy is
greening our operations,” said Frank O’Brien-Bernini, Owens
Corning’s chief sustainability officer. “By using a zero-emissions
solar system, we’re continuing our long-term commitment to operate
in ways that are environmentally safe and energy efficient. This
solar installation is expected to offset nearly 14 million pounds
of carbon dioxide over the life of the agreement,” O’Brien-Bernini
said.
“I’m proud of our people and what they’ve done to help further
green our operations,” said Evelyn Cruz, Owens Corning plant leader
for Kearny. “This is a great example of how commitment and teamwork
can make a big difference in our community and in the world.”
Owens Corning makes fiberglass and foam insulation products that
significantly improve the energy efficiency of buildings. Homes and
commercial buildings consume 40 percent of the world's energy,
including more than 70 percent of the electricity in the United
States. Owens Corning is also the largest manufacturer of
reinforcements used in the production of blades for wind turbines,
a growing source of renewable energy,
According to Brian Jacolick, General Manager, North America for
SunEdison, “The Owens Corning Kearny facility raises the profile of
solar adoption in the United States. The company’s forward-thinking
view of solar serves as a model for businesses who want to control
high energy costs while preserving the environment. Owens Corning
also takes the lead with this solar installation as one of the
first sites to be funded by the Recovery Act’s Section 1603
(Grant-in-lieu of Investment Tax Credit). The grant is a great
stimulus to solar adoption and renewable energy, and we are pleased
that this first project was developed with an industry-leader like
Owens Corning.”
"In this challenging economy, PSE&G's $105 million solar
loan program provides financing that removes risk for customers who
want to install affordable and pollution-free solar systems," said
Al Matos, PSE&G's vice president for renewables and energy
solutions. "We have a huge challenge facing us in New Jersey if
we’re going to meet the state’s renewables goals for the year 2020.
It's going to take partnerships like this one, a partnership of
developers, utilities and government working collectively to meet
the goal. Owens Corning has stepped up, and we congratulate them on
the completion of their first solar project."
Owens Corning’s Kearny facility produces roofing shingles,
including Duration, Duration Premium and Oakridge products. The
facility is located at 1249 Newark Turnpike in Kearny.
About Owens Corning
Owens Corning is a leading global producer of residential and
commercial building materials, glass fiber reinforcements and
engineered materials for composite systems. A Fortune 500 company
for 55 consecutive years, Owens Corning is committed to driving
sustainability through delivering solutions, transforming markets
and enhancing lives. Founded in 1938, Owens Corning is a
market-leading innovator of glass-fiber technology with sales of $6
billion in 2008 and about 16,500 employees in 30 countries.
Additional information is available at www.owenscorning.com.
About SunEdison
SunEdison is North America’s largest solar energy services
provider. The company finances, installs and operates distributed
power plants using proven photovoltaic technologies, delivering
fully managed, predictably priced solar energy services for its
commercial, government and utility customers. In 2008, SunEdison
delivered more kilowatt hours (kWh) of energy than any other solar
services provider in North America. For more information about
SunEdison, please visit www.sunedison.com
About PSE&G
Public Service Electric and Gas Company (PSE&G) is New
Jersey’s oldest and largest regulated gas and electric delivery
utility, serving nearly three-quarters of the state’s population.
PSE&G is the winner of the ReliabilityOne Award for superior
electric system reliability. PSE&G is a subsidiary of Public
Service Enterprise Group Incorporated (PSEG) (NYSE:PEG), a
diversified energy company (www.pseg.com).
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