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RENEWVIA ENERGY LEVERAGES EXPERTISE TO MAKE COMMERCIAL SOLAR PROJECTS HAPPEN

Originally posted here: http://www.sun-enews.com/viewdigest.php?id=4371

Renewvia Energy offers commercial developers a way to include clean, low-cost solar energy in their developments.

The company uses its unique knowledge from a long history in the field of developing and acquiring financing for solar projects to help its customers take advantage of power purchase agreements to fund their ground-based or rooftop solar implementations.

To date the company has been responsible for a 200 (kilowatt) kW solar array installed and maintained on a site in Calhoun, Ga. The site has an agreement with the Tennessee Valley Authority to purchase all of its power for the next 10 years. The company has installed a 1.1 and a 1.25 megawatt (MW) rooftop mounted photovoltaic system at the Northport Industrial Center in Elizabeth, N.J. The company has also been responsible for a 1.21 kW photovoltaic project in the Casa Carranza Apartment complex in Mesa, Ariz. and an 117,000 kW project for the Alta Cave Apartment complex in Phoenix.

To find out more about how this company is rapidly developing new commercial solar projects across the United States read this Q&A with Trey Jarrard, president and founder, Renewvia Energy.

What is Renewvia Energy’s background?

Renewvia Energy started as a solar finance and development company, and then expanded when the company discovered that we are equally as good at getting things done. Through several large scale projects, we learned all the details and pitfalls that can make or break a project from a finance, engineering, product procurement, construction and maintenance standpoint. So, while the company continues to develop, own, and operate our own deals, we are just as anxious to partner with groups that need effective and experienced assistance.

What are Renewvia Energy’s products and services?

Renewvia’s main product is solar power production through the expertise required to identify projects with financeable returns. The company’s byproduct is the expertise required to get solar power plants engineered and commissioned on buildings, parking structures and ground mounts.

Who are some of your biggest customers and how did you attract them?

The company has developed and is developing power plants for several of the largest industrial and commercial developers, retailers and utilities. Recently, we announced the completion of a 1.26 MW solar system located at a state-of-the-art distribution center at the Northport Industrial Center in Elizabeth, N.J. We also completed a 281 kW solar power system at Casa Carranza, a Mesa, Ariz. apartment complex.

How does Renewvia Energy differentiate itself from its competition?

Renewvia has been able to identify capital for projects that would otherwise be out of the conventional realm of financing for renewable assets. The company better understands the intricacies associated with landlord and tenant interactions enabling Renewvia to design solar power distribution structures. This enhances tenant experience as opposed to complicating landlord relationships. Renewvia Energy knows how to stage and manage construction in an active environment without disrupting ordinary business.

What are Renewvia Energy’s biggest challenges?

Our biggest challenge is keeping up with the dynamic market place for financeable renewable developments. The technology is not moving at the same pace as the renewable financing incentives.

Once a utility or state mandates an energy incentive, only those entities with ready capital and experience typically receive any allocation.

What are Renewvia Energy’s plans for the future?

We plan to continue identifying strategic partners in the solar energy space which will enable us to advance into larger projects in varying capacities.

John Myers graduated from the University of New Mexico with a B.A. in Communications and Journalism. He began writing about the mechanical computer-aided design (MCAD) and product lifecycle management (PLM) industry in 2006 and over the last five years has covered topics as diverse as additive manufacturing, finite element analysis (FEA), data translation and migration, computational fluid dynamics (CFD), building information modeling (BIM) and the growing alternative energy industry.

He currently resides in Albuquerque, NM with his wife where in his free time he enjoys reading, writing and pandering to his dogs.

Originally posted here: http://www.sun-enews.com/viewdigest.php?id=4371

Renewvia TVA I

Renewvia TVA I
200 KILOWatt Grid-connected PV

Renewvia Energy formed an investment opportunity for the funding of a 200 KW solar array installed and maintained on a Host-Site in Calhoun, GA. The Host is a multi-generational poultry farmer providing a 10-year site lease on unencumbered property and a prepayment of power. The Tennessee Valley Authority, a corporation owned by the U.S. government, guarantees the purchase of all solar power produced for 10 years at a $0.12 per kWh premium indexed to the local retail power rate. The Investment Group financed and own the array for a period of ten years to realize all the financial benefit in the form of a federal grant, federal and state depreciation, state tax credits, prepayment of power and revenue from the sale of electricity. The prepayment of power contribution from the Host to the investment group is due at time of commercial operation and realized over ten years. Full system ownership is conveyed to the Host after 10 years. The Host eliminates the Site’s power bill and receives full financial benefit of the system post investment term.

Environmental Benefits

Carbon Dioxide Offset (annually): 89 tons

Carbon Dioxide Offset (25 years): 527 tons
• Equal to planting 17 acres of pine trees

NOx Emissions Offset (25 years): 2.3 tons

Renewvia Northport II

IDI – Northport II
1.1 MegaWatt Grid-connected PV

Industrial Developments International, Inc. (IDI) is the leading merchant industrial developer in North America. IDI’s first solar project is on the Northport Industrial Center in Elizabeth, NJ. It has been developed by Renewvia Energy. Like on Phase 1, Renewvia Energy structured a program for IDI that allows multiple building tenants to take advantage of an 1.1mW rooftop mounted PV system.

Exel, Inc, the tenant using the output from Phase 2 at Northport, has higher-than-average power demands. This project will provide substantial savings for Exel on their electricity usage. Utilizing 4050 ART-245 solar panels from Suniva, GT500 inverters from Schneider/Xantrex and mounted at a 5-degree tilt on non-penetrating racking from Sunlink, Renewvia Energy is providing over 1,115 MWh of electricity to building each year. Protecting the integrity of the roof and tenants’ operations was the most important aspect of developing this project.

The project takes advantage of the New Jersey SREC (Solar Renewable Energy Certificate) program and the PSE&G Solar Loan program to bring these benefits of solar energy to IDI and its tenants. Renewvia Energy owns and operates the power plant and sells power through the use of PPAs (Power Purchase Agreements).

Environmental Benefits

Carbon Dioxide Offset (annually): 395 tons

Carbon Dioxide Offset (25 years): 9,312 tons
• Equal to removing 90 cars / 867,021 miles not driven
• Equal to planting 90 acres of pine trees

NOx Emissions Offset (25 years): 13 tons

SO2 Emissions Offset (25 years): 25 tons

Powering Up at Pietra Apartments

In a day and age when businesses are working toward being sustainable, a Phoenix apartment community is using the Arizona sun to generate power. Owners of Pietra Luxury Apartments has just completed the installation of a 47,000 watt solar array which is generating power throughout the common areas of the community, such as the leasing office, pool area and club house. The investment is expected to save approximately 75% on energy expenses.

Westplan Investors and Wood Partners, joint venture owners of the community initiated the project and made the investment to help the environment while adding value to their asset. Mark-Taylor Residential manages the community and worked closely with the installment team since the project began last month. The array will generate over 75,000 kilo watt hours annually, and owners expect to save a minimum of $20,000 per year, not including tax benefits.

“We are always striving to reduce our carbon footprint, and given the power of the Arizona sun, we saw a great opportunity to use solar energy to generate power for common areas of our building,” said Ewoud Swaak of Westplan Investors “Now, our carports keep cars cool while powering our community,” he said.

Through the collaborative efforts of Westplan Investors, Wood Partners and Mark-Taylor Residential, the project was completed in just a few short weeks.

APS helped make the solar array more affordable by providing financial rebates through the APS Renewable Energy Incentive Program. The program offers rebates to customers who add renewable energy systems to their homes or business.

“We have been told by our customers that they want more solar,” said Eran Mahrer, APS’ Director of Renewable Energy. “By adding solar, the owners of Pietra Luxury Apartments are showing that they are responsive to their tenant’s desires.”

Renewvia Energy Corp was retained to build out the project which took approximately 6 weeks.
“The panels chosen for this project are American made, which means they abide by strict manufacturing emission guidelines not required by some overseas manufactures, negating much of the clean energy benefit,” said Trey Jarrard, Renewvia’s Chief Operating Officer.

“A project like this is attractive to the owner and eventual buyer of an apartment community; the net operating income improves and the majority of the array cost is recouped within the first year and of course it’s more environmentally friendly, ” he said.

Renewvia is becoming more active in the multifamily industry, and have developed solar arrays in multiple states including Arizona.

Renewvia Northport I

IDI – Northport
1.25 MegaWatt Grid-connected PV

Located between the busy Port of Elizabeth and the Newark Airport, the facility is a high-profile, Class A new industrial distribution center. Renewvia Energy structured a program for IDI that allows multiple building tenants to take advantage of a 1.25MW rooftop mounted PV system.

Utilizing 5304 ART-245 solar panels from Suniva, GT500 inverters from Schneider/Xantrex and mounted at a 5-degree tilt on non-penetrating racking from Sunlink, Renewvia Energy is providing over 1400 MWh of electricity to the building each year. Protecting the integrity of the roof and tenants’ operations was the most important aspect of developing this project.

This project is unique because of the involvement of 3 Georgia companies. Renewvia Energy, DI and Suniva are all Atlanta, GA based companies.

Environmental Benefits

Carbon Dioxide Offset (annually): 247 tons

Carbon Dioxide Offset (25 years): 12,630 tons
• Equal to removing 98 cars / 1,175,969 miles not driven
• Equal to planting 122 acres of pine trees

NOx Emissions Offset (25 years): 18 tons

SO2 Emissions Offset (25 years): 34 tons

Casa Carranza

Summit Equity Investments – Casa Caranza Apartments
281kW Grid-connected PV

Summit Equity Investments is a Los Angeles based real estate investment entity. Summit Equities purchased the Casa Carranza Apartment complex in Mesa, AZ with the intent to add value through operational gains. The addition of this solar project adds substantial operating income to the property over
the expected operational life.

Located in Arizona, Renewvia and Summit chose to develop the system on a newly added parking canopy system. The parking canopies provide both electricity and valuable shaded parking. Renewvia Energy engineered a solution for Summit that allows all building tenants to use power from the 281kW PV system.

Utilizing 1004 solar panels from Suntech, PVP100KW and 75KW inverters from PV Powered and mounted at a 20-degree tilt on parking canopies installed by Envision Solar, the solar power system is providing over 486,000 kWh of electricity to the complex each year.

The project takes advantage of the Salt River Project’s production-based renewable energy incentive program to bring these benefits of solar energy to Summit and its tenants. Renewvia Energy developed and operates the power plant for Summit. Summit Equity Investments owns the project and benefits directly from the economics. Salt River Project owns the Environmental Benefits generated by the project for 10 years.

Environmental Benefits

Carbon Dioxide Offset (annually): 232 tons

Carbon Dioxide Offset (25 years): 5,812 tons
• Equal to removing 45 automobiles from the road or 541,092 miles not driven
• Equal to planting 56 acres of pine trees

NOx Emissions Offset (25 years): 8 tons

SO2 Emissions Offset (25 years): 6 tons

Alta Cave Creek

Alta Cave Apartments
Westplan Investments – Wood Partners
47kW Grid-connected PV

Wood Partners is one of the five largest US apartment developers and Westplan Investments is an Atlanta based real estate investment entity that owns apartments and commercial property throughout the country. Through a partnership, the two entities own the Alta Cave Apartment complex in Phoenix, AZ and intend to add value through operational gains.

The addition of the Photovoltaic solar system adds substantial operating income to the property over the expected operational life. Located in hot Arizona, the owners chose to develop their first solar system, in both their portfolios, on a newly added parking canopy system. The parking canopies provide both electricity and valuable shaded parking. Renewvia Energy engineered a solution for Alta Cave that utilizes the solar installation to power common area needs of the property.

Utilizing solar panels from Suniva, enphase microinverters and mounted at a 5-degree tilt on parking canopies, Renewvia Energy is providing over 117,000 kWh of electricity to the complex each year.

The project takes advantage of Arizona Public Services’ production-based renewable energy incentive program to bring these benefits of solar energy to Alta Cave. Renewvia Energy developed and operates the power plant for Westplan. Westplan Investments owns the project and benefits directly from the economics. Arizona Public Service owns the Environmental Benefits generated by the project for 20 years.

Environmental Benefits

Carbon Dioxide Offset (annually): 71 tons

Carbon Dioxide Offset (25 years): 1,673 tons
• Equal to removing 13 automobiles from the road or 155,766 miles not driven
• Equal to planting 16 acres of pine trees

NOx Emissions Offset (25 years): 2 tons

SO2 Emissions Offset: (25 years): 2 tons