ENVIRONMENTAL NEWS
Untitled Page
Cypress' Mitsubishi Electric powers Port of West Sacramento
Firm teams with East West Bank to provide location with solar photovoltaic systems.
By Kristen SchottPublished: March 17, 2010 11:13 AM
Cypress-based Mitsubishi Electric is joining forces with Pasadena-based East West Bank to provide a solar photovoltaic system to the Port of West Sacramento.
The platform covers 90,000 square feet on the rooftops of two warehouse buildings, and it is expected to meet the electricity needs at the port for the next 25 years. The system is also projected to reduce energy costs by $20,000 a year.
East West Bank, which has local branches in Anaheim, Westminster and Irvine, managed the construction loan and long-term financing for the project.
“We are excited about our working with East West Bank in the solar industry, where financing solutions for PV (photovoltaic) projects are in high demand,” notes Gina Heng, general manager for Mitsubishi Electric & Electronics USA's photovoltaic division.
The system is among a number of green initiatives officials are implementing at the port. Others include improving the energy efficiency of its operations, and plans are in the works to develop a marine highway container barge project with the Port of Oakland and Port of Stockton.
“In addition to all of the other steps we’re taking to improve our environmental performance, this new solar installation clearly demonstrates that we’re serious about our intent to become one of the greenest ports in the country,” says Mike Luken, Port of West Sacramento manager.
Mitsubishi Electric is among the world's largest manufacturers of solar power technology.
Related headlines
OC METRO, March issue: 'Environmental action through film'
OC METRO, February issue: 'The Green Cube'
OC METRO, January issue: 'Keeping it clean'
|
||||
|
The platform covers 90,000 square feet on the rooftops of two warehouse buildings, and it is expected to meet the electricity needs at the port for the next 25 years. The system is also projected to reduce energy costs by $20,000 a year. East West Bank, which has local branches in Anaheim, Westminster and Irvine, managed the construction loan and long-term financing for the project. “We are excited about our working with East West Bank in the solar industry, where financing solutions for PV (photovoltaic) projects are in high demand,” notes Gina Heng, general manager for Mitsubishi Electric & Electronics USA's photovoltaic division. The system is among a number of green initiatives officials are implementing at the port. Others include improving the energy efficiency of its operations, and plans are in the works to develop a marine highway container barge project with the Port of Oakland and Port of Stockton. “In addition to all of the other steps we’re taking to improve our environmental performance, this new solar installation clearly demonstrates that we’re serious about our intent to become one of the greenest ports in the country,” says Mike Luken, Port of West Sacramento manager. Mitsubishi Electric is among the world's largest manufacturers of solar power technology. Related headlines OC METRO, March issue: 'Environmental action through film' OC METRO, February issue: 'The Green Cube' OC METRO, January issue: 'Keeping it clean' |
||||
