Pivot Energy proclaims a 1.45 MW group photo voltaic subscription with Continuum Partners, a distinguished Denver-based actual property developer, that may offset 100% of the electrical energy utilization at one in every of Continuum’s mixed-use industrial properties (1,800 tons of CO2 yearly). The settlement will cut back electrical energy prices for eight of the constructing’s tenants.
“We’re at all times excited to work with fellow Colorado firms to broaden the adoption of renewable vitality in our yard,” stated Pivot Director of Enterprise Improvement Matthew Brenn. “Continuum is setting a brand new customary for the true property trade with their subscription, and we hope that different builders rise to the problem.”
Along with the mission’s sustainability advantages, the group photo voltaic subscription will present roughly $390,000 in lifetime electrical energy financial savings to its industrial tenants.
The property, which features a resort, workplaces, outlets, and an underground parking storage, is positioned south of Union Station on sixteenth and Wewatta in downtown Denver.
System prices and lack of viable rooftop area are sometimes among the many best obstacles to photo voltaic adoption. The Pivot Vitality group photo voltaic subscription presents a artistic alternative for Continuum to supply its industrial tenants the advantages of low-cost, renewable vitality with out having to put in a single photo voltaic panel on the property.
Continuum has explored a spread of inexperienced constructing improvement methods since its founding 25 years in the past. It made nationwide headlines in 2004 for its improvement of Belmar, a mixed-use property that integrated recycled constructing supplies, onsite wind vitality, and a 1.7 MW photo voltaic system, the biggest industrial rooftop array within the western United States on the time of development.
“As we have a good time our twenty fifth anniversary, we’ve been reinvigorated in our goal to include renewable vitality and different inexperienced initiatives into our tasks,” stated Continuum CEO Mark Falcone “Once we discovered that Pivot is a licensed B-Company with established ESG objectives, we knew it will be the right like-minded associate to help our environmental objectives whereas serving to us present worth to our tenants.”
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We have now a ton video interviews and extra content material on our YouTube web page. Not too long ago we debuted Power Forward! — a collaboration with BayWa r.e. to debate larger degree trade subjects in addition to finest practices / traits for operating a photo voltaic enterprise in the present day.
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