Rooftop and carport photovoltaic (PV) arrays at the site will generate more than 30% of the energy needed to power the facility. Under the 20-year PPA, which Schneider Electric helped structure and broker, solar developer Onyx Renewables will design, install, own and operate the arrays, selling the electricity the technology produces to Sun Chemical at a cost below current utility rates.
“Our decision to build PV arrays at our Carlstadt facility is the latest example of how our own facility managers have been challenging themselves with regard to eco-efficiency,” said Gary Andrzejewski, corporate VP of environmental affairs at Sun Chemical.
Sun Chemical’s sustainability policy requires a data-driven approach to identify targets for efficiency and environmental improvements. Using this model, Sun Chemical turned to Schneider Electric for options to cut consumption costs at its Carlstadt facility. Schneider Electric then completed a comprehensive bid analysis for an onsite PPA, helped negotiate the contract and assisted in securing credit support.
The end result is a solar installation that will produce around 1.1 million kilowatt-hours of electricity per year, enough energy to power more than 90 homes.
“While utility bills continue to be one of the largest line items on any facility’s balance sheet, it’s critical that organizations consider every possible avenue to reduce energy consumption and offset demand,” said Steve Wilhite, SVP of energy and sustainability services at Schneider Electric.
The project marks an expansion of a long-term collaboration dating back to 2004, in which Schneider Electric provides sustainability consulting and energy procurement services to more than 40 Sun Chemical sites across the US and Canada. Through commodity risk management, market analysis, utility bill management and strategic energy sourcing, Schneider Electric has helped Sun Chemical save more than $12 million in energy costs over the course of the relationship.
Engineering at the Carlstadt site is underway, and construction is expected to be complete by fall 2017.