Panasonic Eco Solutions North America has completed the installation of a 500kW PV system at the University of Colorado Boulder.
The PV system was developed and constructed by Panasonic with local support from Lighthouse Solar. Financing was provided by a subsidiary of Renewable Social Benefits Fund which works with Panasonic to finance distributed generation solar projects in the US and US territories.
The ground-mounted PV system has been installed at the university’s 89-hectare research park. It will generate electricity to power research facilities and buildings throughout the university campus.
The installation will help the university to meet its short-term goal of powering its campus with renewable energy, thus reducing its energy usage and costs. It is also in line with the university’s long-term goal to operate a carbon-neutral campus.
"The University of Colorado Boulder will benefit from this system solution for years to come in long-term energy cost savings and Panasonic is proud to help the university advance its own forward-thinking environmental and sustainability practices," commented Jamie Evans, Director of Project Finance for Panasonic Eco Solutions North America.
"It's a comprehensive solution of this nature that Panasonic, in partnership with Coronal Management, is also bringing not only to the educational sector but to both the municipal and social minded corporate sectors as well."