H.I.G. Growth Partners News
fama PR (for Suniva)
Suniva Powers 1.26 MW Rooftop Solar Array in Elizabeth, New Jersey
Solar system is expected to generate more than 1,500 MWh of electricity annually
NORCROSS, GA - October 5, 2011 - Suniva, Inc., a U.S. manufacturer of high-efficiency monocrystalline silicon solar cells and modules, announced that its solar panels are powering a 1.26 MW solar system located at the state-of-the-art distribution center at Northport Industrial Center in Elizabeth, New Jersey.
A ribbon cutting for the rooftop solar system, designed and constructed by Suniva partner Renewvia Energy Corporation, is being held today. For additional details, please see: Renewvia Energy and PSE&G Cut Ribbon on Milestone Solar Project.
“Installations such as this help propel the U.S. towards a more sustainable future by generating clean, renewable energy that can be sold directly into the grid, or in this case, directly to the businesses in the warehouse,” said John Baumstark, CEO of Suniva, Inc. “This rooftop project provides a clear example of how to create sustainable energy solutions that provide significant ROI.”
The solar system is located on the roof of a high profile, Class A distribution center developed by Atlanta-based Industrial Developments International, Inc. (IDI). The grid-connected photovoltaic solar electrical system features 5,304 high efficiency solar panels, manufactured by Atlanta-based Suniva, mounted on approximately 170,000 square feet of rooftop. The solar system is expected to generate more than 1,500 MWh of electricity annually.
Suniva's high-efficiency modules powered by ARTisun™ series solar cells contain more than 80 percent U.S. content and are fully “Buy America” compliant. Suniva recently announced that its high-power density OPT260 solar modules are now available in an anodized black frame with black back sheet, offering the residential market a solution to better complement residential rooftop installations, while maintaining its 16 percent module level efficiency performance.
Based in metro-Atlanta, GA, Suniva® manufactures high-efficiency monocrystalline silicon solar cells and high-power solar modules using patented low-cost techniques. Led by an internationally regarded team of business executives and photovoltaic scientists, the Company leverages exclusive licenses to critical patents and patent-pending intellectual property developed by founder and CTO Dr. Ajeet Rohatgi at the Georgia Institute of Technology's University Center of Excellence for Photovoltaic Research, which is funded by the Department of Energy. Suniva sells its advanced solar cells and modules worldwide and is dedicated to making solar generated electricity cost competitive with fossil fuels. For additional information on how Suniva is making solar more sensible in the global market, please visit www.suniva.com.