Altus Completes Solar System in Rhode Island

Jan 8, 2014 | News

Altus Power Management has recently completed a solar system on the roof of Wire and Plastic’s building located in Attleboro, MA. The project, which was funded fully via a partnership between Altus Power and Wire and Plastic, and installed by KRN Solar, will sell the electricity directly to National Grid in RI through a competitively awarded 15 year contract. All of the power generated by the system will be sold to National Grid who will in turn deliver the clean energy to its customers. Wire and Plastic will receive a clean energy system on their property as well as roof lease payments for the length of the contract.

The 498 kW system is composed of 2,128 solar panels and will produce approximately 625,000 kWh per year. The energy created will offset 328 metric tons of carbon dioxide emissions, which is the equivalent of the CO2 emissions from about 36,768 gallons of gasoline every year.
It has become increasingly important to reduce the reliability on fossil fuels and Altus Power has paved the way for a brighter future powered by clean energy. Altus Power has been a leader in solar investments and is proud to add Wire and Plastic to its list of completed solar assets.

About Altus Power Management

Altus Power Management, LLC is an Old Greenwich, CT-based company that invests in, owns and manages clean energy projects. Its principals draw on their deep expertise in finance, construction, engineering and design to provide renewable energy and solar solutions to commercial and public sector clients. Visit www.altuspower.com for more information.

About Wire and Plastic Machinery Corporation

Wire and Plastic is a global equipment supplier offering high quality solutions for wire, cable and optical fiber manufacturing. They have a comprehensive selection of second-hand, reconditioned and new machines from the industry’s most reputable manufacturers. Visit www.wireandplastic.com for more information.

About KRN Solar

KRN installs high-quality commercial and residential solar power systems of all sizes and is certified for private, public, government, institution, education and industrial work. KRN prides itself on customer service as a top priority and employs a team of highly skilled professionals.

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