Clean Energy Pathways Develops Unique Roof Mount for Solar Energy Retrofit at State-of-the-Art Fitness Center in Georgia
May 10 2011 - 1:05PM
Clean Energy Pathways, Inc. (Pink Sheets:CPWY), a renewable energy
solutions company, has completed a large solar retrofit and energy
efficiency project at the IMAX Fitness Center in Columbus, Georgia,
utilizing a unique mounting process. The retrofit consisted of
three roof-mounted solar collector systems that produce hot water
for the 30,000-sq-ft fitness center.
"Our retrofitting division, which is responsible for developing
customized applications, came up with a unique system that allowed
our engineer to mount solar collectors on a rubber-based roof
without piercing the membrane," said J. Michael Parsons, CEO of
Clean Energy Pathways. "This is a huge advantage because so many
commercial buildings utilize rubber membrane roof systems, and it's
a significant improvement over current technology. There are
thousands of fitness centers in the United States that could
benefit from solar retrofits, and it proves that we are able to
develop tailored solutions to meet the needs of unique
situations."
Tim Goodwin, Vice President of IMAX Fitness Centers, stated:
"Clean Energy Pathways installed the systems without interrupting
our operations, which is critical for our facilities. The company
was able to install the panels without infringing on the warranty
for our roof, utilized professional contractors, and worked within
the electrical and plumbing codes. This retrofit is one of several
identified in the energy audit that was performed, and all of the
retrofits suggested were implemented. We estimate that we should
see a return on our investment in one year. This was our first
application for retrofitting and energy audits, and we plan to
repeat this at many of our other locations, as well as recommend it
to our clients for whom we consult. With the 30% Federal tax
incentive and the expected 15% to 20% savings on our electric
usage, this was an energy efficiency solution that we believed
worthy of immediate implementation."
Mr. Goodwin and IMAX Fitness Centers have multiple centers and
consult for hundreds of other fitness facilities throughout the
United States. "I'm excited with the potential for all of our
clients to follow this path to energy savings, because energy is
one of our industry's largest expenses," Goodwin added.
Atlas Capital Holdings, Inc. (OTCBB:ALCL) and Clean Energy
Pathways, Inc. recently announced an agreement to merge the two
companies and operate under the name of Clean Energy Pathways. That
transaction is on track for completion in May 2011.
About Clean Energy Pathways
Clean Energy Pathways, Inc. is a company focused on delivering
multiple solutions to aid businesses and government facilities in
attaining energy independence, reduced costs and a cleaner
environment. These pathways to energy independence include biomass
fuel oils, solar energy solutions, energy management solutions, as
well as financing of, and gain-sharing in, the improvement
projects.
The Clean Energy Pathways, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=9449
CONTACT: Investor relations:
Equititrend Advisors
1-800-953-3350
Or
Harrison Parrish, 866-492-5325
investor@cepathways.com
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