Circular Energy is proud to announce a joint partnership with Green City Planet to install a 219.52 kW photovoltaic (PV) solar energy system for Austin Partners in Austin, Texas.
The PV system will be comprised of both a roof-mounted array and the construction of a new solar carport to be located at a pair of commercial properties owned by Austin Partners.
The solar PV installation will generate more than 328,000 kWh of energy annually, which translates into environmental savings of 213 tons of CO2 or the equivalent of powering 33 homes for a year.
In addition to solar, the project will also include a wind turbine system designed by Building Turbines, Inc., the parent company of Green City Planet.
"What makes this project so unique and exciting is that it includes both wind turbines and solar panels, and will be implemented by a pair of Austin-based businesses who have a shared interest in sustainable business improvements in the metro-Austin area," said Mark Rangel, Executive Vice President of Business Development at Circular Energy. "This collaboration will bring over $64,000 dollars of energy savings to the Austin Partners properties each year," he added.
The renewable energy project is made possible thanks in part to Austin Energy's Performance-Based Incentive (PBI). The PBI allows an organization to earn credit on a monthly bill for the power that a solar PV system generates for 10 years.
"Green City Planet is excited to be in partnership with Circular Energy for commercial building projects, where we can offer our knowledge and expertise for integrating rooftop mounted wind turbines with large solar arrays. This project perfectly demonstrates the benefits of combining wind and solar power in an urban environment." said Paul Severin, Green City Planet's President and COO.
Circular Energy expects Austin Partner's new solar power system to be installed and operational by the end of Q4 2015.
About Green City Planet
Green City Planet is a wholly owned subsidiary of Building Turbines, Inc. (Stock symbol: BLDW), a developer of patented, rooftop mounted Wind Turbine Systems for commercial buildings. Green City Planet delivers integrated renewable energy solutions for commercial businesses, including wind and solar power, as well as energy savings solutions such as LED Lighting and smart thermostats. Learn more at GreenCityPlanet.com.
About Circular Energy
Circular Energy is changing the way business owners buy electricity. With headquarters in Austin, Texas, Circular Energy brings over 100 years of energy expertise focused on renewable energy solutions, innovative electricity products and energy intelligence. Circular Energy is dedicated to helping American businesses with high-quality, affordable, resilient and sustainable energy solutions. Learn more about a solar energy solution for your business by calling Circular Energy at 866-255-8166 or visiting CircularEnergy.com.