February 21, 2012
SAN DIEGO, CALIF. – National University, the second-largest private, nonprofit institution of higher education in California and the 12th-largest in the United States, and SPG Solar, a national solar energy company, have completed an 852 kilowatt (kW) DC solar power project at two National University campuses in San Diego, California. The two rooftop solar installations at the Spectrum Business Park Campus and a solar carport system spanning three parking locations at the Technology and Health Sciences Center in Kearny Mesa are a direct result of the University’s commitment to environmental conservation and sustainability.
“In 2009, Chancellor Jerry C. Lee encouraged National University to incorporate sustainability practices in all facets of its operations. These new systems demonstrate that commitment to environmental stewardship,” said Richard Carter, Vice Chancellor of Business Operations for the National University System. “These systems will not only reduce the equivalent of approximately 1,000 tons of pollutants annually, but they also have supported the development of sustainability management curriculum in our School of Engineering, Technology and Media.”
The solar power system was made possible through a solar power purchase agreement (PPA), arranged by SPG Solar and owned by an indirect subsidiary of Integrys Energy Services, Inc. The agreement is structured with no upfront capital costs to the university.
With over 3,000 solar panels, the optimized rooftop and carport systems will generate more than 1.4 million kilowatt hours (kWh) of electricity annually – equivalent to producing enough electricity to power 127 average American homes. The energy produced from these systems will provide up to 85% of the electricity at the Technology and Health Sciences Center and 35% of the electricity at the Spectrum Business Park Campus. As an additional benefit, National University is expected to realize savings of more than $1.6 million over the next 20 years.
“National University is taking a fiscally responsible approach by saving energy and reducing costs through a Power Purchase Agreement, all while setting the bar for other universities to follow,” said Michael Johnson, Vice President of Structured Finance at SPG Solar. “It is a lot of fun working with clients like National University, where you bring the students to the rooftop and make it your classroom.”
The SPG Solar team spent a day on campus, leading a class, engaging students, and outlining the business case for solar.
ABOUT NATIONAL UNIVERSITY
Founded in 1971, National University is the second-largest private, nonprofit institution of higher education in California and the 12th-largest in the United States. With 22,000 full-time students and 129,000 alumni, National University is the flagship institution of the National University System. National University is dedicated to making lifelong learning opportunities accessible, challenging, and relevant to a diverse population of students. Five schools and one college – the College of Letters and Sciences; the School of Business and Management; the School of Education; the School of Engineering, Technology and Media; the School of Health and Human Services; and the School of Professional Studies – offer 100 graduate and undergraduate degrees and 22 teacher credentials at more than 45 locations throughout California and across the nation. A leader in online education, National University offers more than 70 degree programs via the Internet. National University is headquartered in La Jolla, California. To learn more, visit www.nu.edu.
ABOUT SPG SOLAR
SPG Solar is a leading national solar energy company providing the highest quality and most reliable distributed solar power systems to large commercial, industrial, governmental and public energy users. Headquartered in the San Francisco Bay Area, SPG Solar has been delivering optimized solar energy solutions to its customers for over a decade. SPG Solar provides the best products and services to clients from the SPG Solar SunSeeker® Tracker, a leading ground mount system generating more solar power, to SPG Solar Structured Finance, a team providing a full array of financial resources and expertise. With over 70 megawatts installed coast-to-coast, SPG Solar is a proven solar partner. For more information on SPG Solar and distributed solar power, please visit www.spgsolar.com.
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