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Schneider Electric helped structure a 20-year solar power purchase agreement between Sun Chemical and Onyx Renewables for a rooftop and carport PV array at Sun Chemical's Carlstadt, New Jersey production facility. The installation will generate over 30% of the facility's energy and save roughly $400,000 in electricity costs.
“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.”eqmagpro.com
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