Thursday, 9 February 2017

UPS to invest USD 18 million in on-site solar PV

 Completion of the new projects will expand UPS’s owned solar PV capacity by almost 10 megawatts
UPS (Atlanta, GA, U.S.) on February 7th, 2017 announced plans to significantly escalate its investment in solar energy as an owner/operator of solar photovoltaic (PV) assets starting with at least eight of its facilities in the U.S.
The installations will be completed by the end of 2017. The estimated USD 18 million investment will provide a nearly five-fold increase in the amount of power generated from solar at UPS facilities today.
UPS expects additional solar deployments to occur over the next several years as it identifies suitable opportunities.
The completion of these projects will expand UPS’s owned solar power generating capacity by almost 10 megawatts.
“Solar technology is a proven way to effectively and efficiently provide long-term power to our facilities,” said Bill Moir, director of Facilities Procurement, UPS. “We have a significant number of facilities that are well positioned to deploy solar at scale and increase our sustainable energy options for our buildings and electric vehicles.”
UPS announced to purchase over 26,000 solar PV panels during the expansion. Once installed, each building will effectively produce 50 percent of its daily energy use via the sun. 
source: http://www.solarserver.com

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