Perpetual Energy Systems Activates Four Solar PV Installations for Wineries

Perpetual Energy Systems (PES), a financier and developer of solar photovoltaic systems, and Foster’s Wine Estates Americas, a subsidiary of Foster’s Group in Australia, have activated four solar installations including one of the largest solar energy systems hosted by a United States winery.

One of the systems that Perpetual activated is at Beringer Vineyards. This solar energy sytem has a capacity of 1.34-megawatts (MW). Another system with a 1.15-MW capacity was installed at Beringer’s sister winery Asti.

These two systems, along with two others with smaller capacities at the Etude and Stags’ Leap Wineries, will generate approximately 3.85 million kilowatt-hours (kWh) of energy annually. As the financier, PES retains ownership of the solar panels as well as the renewable energy certificates (RECs) and carbon credits, the amount of which will be determined by the system’s actual kWh output.

“Partnering with Foster’s to host the largest solar energy project at a U.S. winery is an honor for us,” said Laurance Friedman, co-chair of Perpetual Energy Systems. “The importance of renewable energy is gaining momentum in the corporate arena. Through this collaboration, Foster’s gains a reduction in energy costs and elevates its role as a responsible corporate citizen.”

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