UMass Amherst Installing More than 15,000 Solar Panels to Reduce Emissions, Cut Electricity Costs by $6.2 Million

General News

Summary

The University of Massachusetts Amherst has embarked on a major solar energy initiative that will cut its electric bills by $6.2 million over 20 years and reduce greenhouse gas emissions by the equivalent of 31,000 non-metric tons of carbon dioxide. At no upfront cost to itself, the university is installing 15,576 photovoltaic panels across campus to provide 5.5 megawatts (MW DC) of clean renewable electrical power at heavily discounted rates. “We are very excited to be moving forward with what we view as an economic, environmental and educational win for our entire community.” “We are thrilled to be involved with the University of Massachusetts Amherst’s forward-thinking decision to execute this watershed project,” said Brightergy CEO Adam Blake. “This is a partnership with multi-faceted benefits for many, not least of whom will be the students who will have a unique, real-world STEM learning opportunity on campus.” “America’s college campuses often help point the way to the future when it comes to sustainability and renewable energy,” said Mark Noyes, president and CEO of ConEdison Solutions. UMass Amherst has already cut its greenhouse gases by 23 percent since 2005, in addition to establishing a variety of green initiatives including energy reduction, using sustainable and local foods, composting, and promoting alternative transportation.

Classifications

industries
Energy & Natural Resources
applications
Financial Reporting

AskAI Classifications

Labels
No AI classifications detected

Linked Companies