California, United States — Solyndra Inc. announced that LPS Industries, a manufacturer in the flexible packaging industry, has completed the largest Solyndra installation in the United States to date, a 704-kilowatt (kW) installation in Moonachie, New Jersey. The LPS installation consists of approximately 3,800 Solyndra cylindrical solar panels, producing over 825,000 kilowatt0hours (kWh) of electricity per year.
“Our goal with this project was to demonstrate LPS Industries’ commitment to conducting business in an environmentally responsible manner, but it had to make economic sense,” said Madeleine Robinson, CEO of LPS Industries. “Solis Partners specified the Solyndra panels with a new ‘cool roof’, allowing us to generate the most energy possible from our roof while reducing our overall energy use. Our customers have been thrilled to hear of our decision. The system is up and running and we expect a strong return on our investment.”
Solis Partners designed, engineered and installed the system in combination with a new white ‘cool’ roof system in order to maximize the yield from the Solyndra panels. Solis worked with Allied Building Products on procurement, financing, and logistics.
Solyndra panels are designed to optimize solar electricity production on commercial rooftops. The unique panels employ cylindrical modules which capture sunlight across a 360-degree photovoltaic surface capable of converting direct, diffuse and reflected sunlight from the rooftop into electricity.
The project was partially financed by the innovative PSE&G Solar Loan Program which will be repaid by Solar Renewable Energy Certificates (SRECs).