Within these past few year, many companies have been getting involved with solar-powered technology as it is impacting the world on a global level. They have mostly been focusing on producing and installing solar panels to obtain electricity in a healthy cost-efficient way. One major corporation, known as the UPS, realized its benefits in this expanding time and has made it official by announcing its latest project, in installing solar energy installations in its locations in Parsippany and Secaucus, New Jersey.
The project that was constructed in Parsippany, New Jersey, was a 1.2 megawatt installation that was completed last Fall in the year of 2012. The project in Secaucus is said to also produce a 1.2 megawatt installation that will be completed at the end of Spring this year. In a public statement, Steve Leffin, whom is the director of global sustainability at UPS, claimed that he and his team will be overseeing every aspect of the design and installations, which he believes to be extremely beneficial.
"Federal and state government incentives and state government incentives encouraged our investments in solar energy sources," said Steve Leffin. "We develop, engineer, own and operate our solar capacity, which is a departure from contracted power-purchase agreements in which a company pays a solar power provider for a set price of electricity for 20 years. Under this arrangement, we not only benefit at UPS, but can also help community power grids by providing a hedge against possible energy price hikes during peak usage times."
Source : UPS pressroom
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