Renewable Solar Energy Solutions
The United States has seen tremendous growth and environmental benefits from the energy produced from renewable solar-driven systems. This growth is driven by federal and state incentives, declining equipment prices and growing public acceptance of this clean, distributed technology. Tens of thousands of individuals and businesses now benefit from stable energy prices and the elimination of emissions from fossil energy power plants. In 2009 the U.S. solar energy industry created $3.6 billion in direct value, $723 million in net exports, and created over 90,000 US jobs. Future growth is legislatively pre-determined through expanding Renewable Portfolio Standards (RPS) to not only continue the recent growth trend, but ramp it up in dramatic fashion.
Pace Global is participating in the exciting growth in the U.S. solar energy industry, applying the development capabilities and track record we have gained through supporting over $50 billion in global energy asset management and development. Recent projects such as a 10 MW utility scale solar plant for a municipal client, a 1MW (megawatt) project for a high profile institution and several multiple MWs of distributed net-metered solar plants at client sites demonstrate our success in originating and developing projects. With an Energy Management client portfolio of over ten thousand facilities, we are engaged and prepared to develop hundreds of MWs to meet the energy and sustainability objectives of our clients. To assist in this process, Pace has developed business alliances with leading renewable solar energy development and EPC (Engineering, Procurement and Construction) companies. Pace Global offers project origination and development, and through our partners we provide a turnkey solution from concept to commercial operations.
For more information, please contact:
Fred James at 703.818.9100 or via email.