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Switch to renewable energy will cut electricity costs at New Jersey production facility by $400,000.
February 8, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Schneider Electric announced the signing of a solar power purchase agreement (PPA) that will allow Sun Chemical to cut electricity costs at its Carlstadt, NJ, production facility by aproximately $400,000. 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, sel...
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