From Green Right Now Reports
Half Moon Ventures, a Chicago-based developer of solar and wind energy products, unveiled a rooftop solar installation the size of two pro football fields at i.Park Hudson, an office/industrial park in Yonkers, N.Y.
The solar project is expected to produce 1.2 million kilowatt hours of electricity a year, enough to power more than 120 homes and equivalent in reducing air pollution to taking 160 cars off the road.
The eight-building complex, i.Park Hudson, is home to the City of Yonkers, Westchester County, the New York State Division of Motor Vehicles, St. Joseph’s Hospital, Skil-Care Corporation. Kawaski Rail and others. The 3,700 solar panels will be housed on four roof areas and use two on-site inverters to convert the energy to AC power, according to HalfMoon Ventures LLC.
“This site is a good fit for solar because it has enough rooftop square footage to locate the panels and inverters, because the cost of electricity in this region is fairly high, and because the tenant base consumes enough electricity to make the cost savings significant,” said Michael Hastings, CEO of Half Moon Ventures. “Using the 110,000 square feet of rooftop, we’ll generate enough power on-site to ease demand on the grid by about 15 percent and ease the owner’s operating costs considerably.”
“We are thrilled to bring this cutting-edge solar energy system to i.Park Hudson in Yonkers at no cost to the State, County, City or landlord,” Hastings said. HMV installed the solar roof for no upfront charge, and will recapture its investment through the sale of the generated energy back to the building owner, a business model that is helping advance solar power in many locations in the U.S..
“The environmental benefits, including easing demand on the grid and reducing carbon emissions, are tremendous. There are many other benefits as well. This is a win-win on a very large scale and we hope that this project provides a template and role model for future commercial energy projects here in New York and beyond.”