Swinerton In the News

Swinerton Renewable Energy: October 21, 2016

Construction Completed On The Largest Solar Grid In The Midwest

That's the top takeaway from a Solar Energy Industries Association report this week on companies that use sun-siphoned energy for their buildings.

Still, large corporate solar installations in general are down from their peak years in 2011 through 2013. The U.S. Department of Energy has stepped in with $2 million to help ease the transition to more solar power.

Target, with almost 1,800 retail stores, has added more solar this year than any other US retailer and now has 147.5 megawatts of installed solar capacity, the association said.

In 2012, President Obama had announced the Department of Defense's commitment to deploy three gigawatts on Army, Navy, and Air Force installations by 2025 - enough to power
750,000 homes.

This year was a big one for the solar industry, and nearly 14 gigawatts worth of solar power installations are expected to be installed across the U.S.by the end of 2016. Our focus is on finding those solar projects that are right for the business.

"At Target, sustainability is a principle that drives the decisions we make across the company - from the products we make to the way we run our business", said John Leisen, vice president of property management at Target. "We are on pace to meet our goal of 200 megawatts of solar in our global portfolio by 2020, and we appreciate being acknowledged by SEIA for these efforts".

"We appreciate the hard work of our partners Xcel Energy, Community Energy and Swinerton in helping bring this large-scale project to completion", said Bryan Martin, managing director and head of USA private equity at the D.E. Shaw group. "Our investment in solar projects delivers benefits to the environment and strong returns to our shareholders". (30.2 MW) and real estate and shopping center developer Hartz Mountain Industries (22.7 MW).

The North Star Solar Project also had a great economic impact for the local economy.

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