Escondido, CA.—June 23, 2008—enXco, an EDF Energies Nouvelles Company, has been contracted to develop, construct, own and operate a 1.8 megawatt DC solar photovoltaic array in an agreement with Hall's Corporation in South Plainfield, New Jersey. When completed, the solar array will be one of the largest net-metered installations in the United States.
enXco will own and operate the system and supply the project's output to Hall's Corporation under a Power Purchase Agreement on a net-metering basis. enXco will begin construction shortly and expects the project will produce energy in early November 2008.
The roof mounted fixed tilt solar array, to be built on Hall's Warehouses located on Kentile Road, will consist of approximately 25,000 First Solar modules deployed from EDF EN's global supply agreement with First Solar. 1.3 MW will be installed at the 501 Kentile Road facility with the remaining panels on 601 Kentile Road. The installation is estimated to save Hall's Corp. $1 million in energy costs over the life of the project. The project will qualify for New Jersey Renewable Energy Credits which are essential to the economics of the project. Atlantic Solar Assets, a subsidiary of Clean Energy Holdings co-developed the project with Vanguard Energy Partners, LLC as the installer.
Peter Solomon, Senior Manager Distributed Solar for enXco stated "enXco is excited to work with Hall's on this important project, and to help the state of New Jersey in meeting its renewable energy goals. We are also proud to work with our New Jersey based partners, and look forward to future solar development opportunities in the state."
William Jayne III, owner of Hall's with brothers Bruce and Dale, stated "I am extremely pleased with the results of our first two solar installations consisting of 1.4 MW and therefore have decided to continue to further reduce our carbon footprint with the new 1.8 MW installation."
New Jersey is the second largest solar market in the country. The solar market grew 114% from 2006 to 2007. New Jersey's Renewable Portfolio Standard (RPS) requires that 22.5% of the state's electricity will come from renewable sources by 2021. By 2020, New Jersey solar energy will represent 2.12% of all energy produced in the state - a goal that represents the nation's largest solar commitment relative to population and electricity consumption.
enXco, Inc. (www.enxco.com) an EDF-EN Company (www.edf-energies.nouvelles.com) develops, constructs, operates and manages renewable energy projects throughout the United States. For more than two decades, we have been a leader in wind-energy focusing on large-scale wind projects. Today enXco's portfolio includes solar and biomass technologies, in an effort to help drive our nation's transition to a sustainable energy economy. enXco is a significant owner and developer of renewable energy installations in the United States, and is the largest third-party operations & maintenance provider for wind farms in North America.
Hall's Warehouse Corp. currently operates six distribution centers consisting of 1.6 million square feet of frozen, refrigerated and dry space. Hall's Fast Motor Freight is the in-house carrier that specializes in "just in time" LTL and truckload deliveries. The fleet consists of 50 tractors and refrigerated straight trucks with over 150 trailers, both dry vans and reefers. Their traffic lanes encompass all of New Jersey, Eastern Pennsylvania, Maryland, Virginia, the New York boroughs, and parts of Connecticut and Massachusetts. Hall's Logistics Division holds a 48-state brokers' authority, thus allowing service to all clients' shipping needs, even when outside the local fleet's operations.
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