12 Aug '11, 12pm

Toys “R” Us Launches Huge Solar Array in New Jersey

Toys “R” Us Launches Huge Solar Array in New Jersey

The Toys “R” Us project is just another step in New Jersey’s focus on developing its solar power infrastructure. By most accounts New Jersey has the second largest solar capacity among U.S. states–more than the third and fourth ranking states, Colorado and Nevada, combined. One company benefiting from the solar boom is Baltimore-based Constellation Energy, which built the Toys “R” Us project. Constellation owns the warehouse’s solar power system under the terms of a power purchase agreement (PPA). Under the PPA’s arrangement, Toys “R” Us did not have to front any capital for the system–Constellation in turn manages the system and retains any federal or local renewable energy credits. The contract is also a boost for Toys “R” Us flagship store in New York’s Times Square: Constellation will target 7500 renewable energy certificates annually for the next three years to offset...

Full article: http://www.triplepundit.com/2011/08/toys-r-us-launches-hu...

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greatdeals.com.sg 03 Aug '11, 8am

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