Installation Marks Third Major Collaboration Between Companies
Submitted by: FedEx Corporation
Posted: Apr 28, 2010 – 08:18 AM EST
WOODBRIDGE, N.J., Apr. 28 /CSRwire/ - FedEx Ground, the small-package shipping unit of FedEx Corp., and BP Solar today celebrated Earth Day by dedicating a large rooftop solar-electric system at the FedEx Ground distribution hub here. The companies were honored to share the occasion with Kim Guadagno, New Jersey Lieutenant Governor and other public officials.
Completed in December 2009, the solar power project is the third between a FedEx operating company and BP Solar. The 2.42 megawatt solar power system covers approximately 3.3 acres of roof top space with approximately 12,400 solar panels and is cited by BP Solar as the largest rooftop installation in the United States.
The system is capable of producing approximately 2.6 million kilowatt hours of electricity a year, about 30 percent of the hub's annual energy needs. Under a Power Purchase Agreement, BP Solar operates and maintains the system and FedEx Ground purchases the green electricity.
"Being able to employ technologies that reduce energy use and enhance efficiencies in our facilities is one example of how FedEx Ground is striving to do what's right for the environment while providing the safest work environment as well as one in which we can take great pride," said Sean O'Connor, vice president eastern division for FedEx Ground.
"Today we set the new standard for US rooftop solar energy installations," said Reyad Fezzani, CEO of BP Solar. "BP is a long-time partner of FedEx and we are proud to transform this basic rooftop into a green energy plant delivering the highest lifetime value. It is truly a testament to New Jersey's policy leadership in promoting renewable energy."
The combined environmental benefits of this project, based on a projected annual reduction of approximately 1,867 metric tons of CO2 emissions, are equivalent to one of the following:
Data is derived from the U.S. Environmental Protection Agency's greenhouse gas equivalencies calculator.
Opened in 2000, the Woodbridge hub sits on more than 80 acres of former brownfield once used to stockpile soils dredged from the nearby Raritan River. Soils and groundwater were contaminated with various polluting substances, primarily arsenic. To build the facility, FedEx Ground worked with the New Jersey Department of Environmental Protection on a remedial action for the site. Today, the hub houses a workforce of more than 1,000 employees and independent contractors.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $33 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 280,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities.
For more information, visit news.fedex.com.
About BP Solar
BP Solar, part of BP Alternative Energy, is a global company with about 1,600 employees. BP Solar designs, manufactures and markets solar energy products and provides complete solar energy solutions for the residential, commercial, industrial and utility sectors. With over 37 years of experience and installations in most countries, BP Solar is one of the world's leading solar companies. BP Solar invests more than $10M annually in photovoltaic research and development.
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