Projects
Solar Development with U.S. Center of Excellence for Photovoltaic Technology Research
Service Category: Solar
Market Sector: Other
Region: United States/Canada
Key Objective
The University of Delaware sought a solar developer who would not only develop solar power plants but also collaborate with the University in the achievement of its climate action plan.
Our role in project
Pace Global originated and, in partnership with Standard Solar, developed a three-phased, 850 kW system with a future up to six MWs for the University of Delaware solar project. The University of Delaware, located in Newark, Delaware, is a state-assisted, privately governed Institution. The U.S. Department of Energy has designated the University as a “center of excellence” in photovoltaic technology research.
In addition to originating this project Pace Global is leading the placement of the Solar Renewable Energy Credits (SREC). Pace Global actively participates in the Delaware Renewable Energy Task Force which was mandated by the Delaware legislature to develop recommendations around renewable energy credit trading mechanisms and to find ways to support the growth of renewable energy resources in Delaware. Pace Global is supporting the development of the Delaware SREC procurement process for the state’s utilities.
UD’s system will be funded in part from its 2009 senior class gift, which was earmarked for solar initiatives on campus. UD was a pioneer and continues to lead in the field of photovoltaics, with a wide range of research both technical and in energy policy. The university’s research in solar energy has resulted in the development of 10 new technologies, eight of which are now patented, and 60 percent of these solar innovations have been licensed, all to U.S. companies.
Results
UD’s initial solar array will include more than 2000 panels to yield an 850-kilowatt solar electric system. Once completed, UD’s system is projected to generate approximately 1,035,000 kilowatt hours of electricity each year resulting in annual reductions of 1,810,000 pounds of carbon dioxide, the equivalent of reducing 93,363 gallons of gasoline.
For more information, please contact:
Jim Diemer at 703.818.9100 or via email.