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Monthly Archives: October 2012

FedEx Express Breaks Ground on New Solar Installation At Newark Hub Facility

Construction to Begin on First Solar Project at
Newark Liberty International Airport

MEMPHIS, Tenn., October 17, 2012—FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced plans to install its largest rooftop solar-electric system at its distribution hub in Newark, N.J.  This announcement came after several years of planning with The Port Authority of NY & NJ, Marina Energy, LLC, Solops, LLC and Ray Angelini, Inc.  FedEx operates eight solar facilities around the world.

“This solar installation at our Newark FedEx Express hub advances our commitment to connect the world in responsible and resourceful ways,” said Mitch Jackson, vice president, Environmental Affairs and Sustainability, FedEx Corp.  “Deploying solar technologies such as these at our facilities helps us to reduce greenhouse gas emissions from our operations while providing more sustainable options for our customers.”

This project will create work for more than 120 individuals working in more than eight separate industries.  Workers will install the 8,684 solar modules that will cover 3.5 acres across three buildings on the roof of the FedEx Express hub at Newark airport.  When completed, the system will generate approximately 2.4 million kilowatt hours (kWh) and could provide over 15 percent of the hub’s energy needs.

“We applaud FedEx for thinking green and adding to the Port Authority’s already-robust sustainability program,” said Pat Foye, executive director of the Port Authority.  “Creating environmentally friendly facilities is of great importance to us and we thank FedEx for helping us raise the bar at Newark Airport.”

“The Port Authority is implementing more than 50 environmentally sustainable initiatives at Newark Liberty and appreciates the efforts of tenants like FedEx to help us meet our goals,” said Bill Baroni, deputy executive director of the Port Authority.  “FedEx will be the first company with solar panels on a building at Newark Liberty, and we look forward to other tenants following their lead.”

Other green initiatives begun by the Port Authority at Newark Liberty and its other airports include ground management plans that reduce the amount of pollution caused by unnecessary burning of jet fuel, the purchase of airport vehicles that use hybrid and alternative fuels, and various recycling programs to reduce trash levels.

“Solar-power is a cost-effective method to generate sustainable energy and significantly lessens the dependence on the electric grid thus reducing greenhouse gas emissions,” said Stephen Poniatowicz,  senior vice president, Marina Energy, LLC.  This solar project is expected to eliminate the release of more than 1,807 metric tons of CO2 gas.

“This project joins a long list of notable New Jersey solar projects such as the Liberty Science Center and Johnson & Johnson where we’ve been the design/build provider, working together with private and public sectors to engineer sustainable energy solutions,” said Raymond J. Angelini, president, Ray Angelini, Inc.  “Like our other projects, this one will help its owners greatly reduce their impact on the environment while still meeting customer needs.”  Additionally, renewable energy is an efficient way to control as much as 35% of energy costs or more depending on the project, while benefiting both the environment and a company’s bottom line.

“Due to the ever-changing landscape of the solar industry, the development of these projects requires a complex finance model and strong commitment by all parties involved,” said Matthew Rosenblum, president & CEO of Solops, LLC.  “Each of these companies should be commended on their efforts in pioneering sustainable solar energy at Newark Liberty International Airport.”

When the system is fully operating, the combined environmental benefits based on a projected annual reduction of approximately 1,807 metric tons of CO2 emissions, are equivalent to one of the following*:

  • 354 passenger cars not driven for one year
  • 202,563 gallons of gasoline not burned
  • 4,202 barrels of oil not consumed
  • 225 households’ electricity use for one year
  • 46,330 tree seedlings grown for 10 years
  • 17.9 acres of forest preserved from deforestation

(* U.S. Environmental Protection Agency Greenhouse Gas Equivalencies)

About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services.  With annual revenues of $43 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand.  Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.

About the Port Authority
Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country.  The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity.  The Port Authority also owns and manages the 16-acre World Trade Center site, where construction crews are building the iconic One World Trade Center, which is now the tallest skyscraper in New York.  The Port Authority receives no tax revenue from either the state of New York or New Jersey or from the City of New York. The agency relies on revenues generated by facility users, tolls, fees and rents as well as loans, bond financing, and federal grants to fund its operations.  For more information, please visit http://www.panynj.gov.

About Ray Angelini, Inc.
Ray Angelini, Inc. (RAI®) is a commercial solar design build, solar maintenance, electrical construction, general construction, and power systems testing and commissioning firm.  Founded in 1974, by Raymond J. Angelini, as an electrical contracting company, RAI established a solar division in 2004 and has since completed solar projects throughout the region, including Merck, Lincoln Financial Field, Liberty Science Center, and DuPont.  RAI is recognized by NJBIZ magazine as the largest solar provider in NJ.  RAI is a Butler Builder® construction professional.  To learn more about RAI, visit www.raiservices.com or call the Sewell, NJ-based headquarters at 856-228-5566.

About Marina Energy
Marina Energy, a subsidiary of South Jersey Industries (NYSE: SJI), specializes in the design, construction and operation of moderate to large scale energy projects for commercial and industrial markets.  Marina’s projects include thermal, cogeneration, solar and landfill gas-to-electric facilities. Among Marina’s largest projects is the Marina Thermal Plant that serves Borgata Hotel Casino and Spa in Atlantic City, NJ. For more information about SJI and its subsidiaries, visit www.sjindustries.com. Find us on facebook at facebook.com/southjerseyindustries and on twitter @sjindustries.

About Solops
Solops develops and implements complex finance and business structures in order to fund solar installations nationwide.  Solops also provides comprehensive portfolio asset management which includes investment strategies for the management of all SRECS and other environmental incentives.  Solops works with its’ clients  and partners to customize and implement a funding strategy to utilize the development of solar installations to enhance the value of a portfolio by improving cash flow, preserving certain internal hurdle rates of return, or adding value to existing static real estate assets.  Solops has established relationships and strategic partnerships with industry leading solar integration companies and brokerage houses, private equity funds, hedge funds, large investment banks, and regional lending institutions which collectively enhances Solops’ ability to provide flexible creative funding solutions.  For more information, visit www.solops.com.

GLASSBORO KICKS-OFF SOLAR POWER PROJECT

thomas-bowe-ground-breaking

Glassboro School District kicked-off its solar power installation with a groundbreaking ceremony. Pictured (from left – right) are Thomas E. Bowe Principal Kriston Matthews, Board of Education member Susette Jones, Business Administrator/Board Secretary Walt Pudelko, Board of Education member Linda Emory, Superintendent Mark J. Silverstein, FVHD architect George R. Duthie, Board of Education member Anthony Marino, Board of Education President Pete Calvo, Freeholder Heather Simmons, Marina Energy Senior Vice President Stephen Poniatowicz, and Ray Angelini, Inc. Senior Vice President Joe Joyce.

GLASSBORO – Glassboro School District broke ground recently on a solar power project that will produce 589,000 kWh of energy a year at Thomas E. Bowe School. Joe Joyce, senior vice president for project contractor Ray Angelini, Inc. said the energy equates to fueling 5 ½ tanker trucks or 50 houses annually.

At the October 3 Solar Power Groundbreaking Ceremony, Glassboro Board of Education President Pete Calvo remarked, “We are proud to break ground on the installation of solar power at Bowe for many reasons. First, the project is tax and budget neutral. This project was intended to be completed with no impact on district funds, and we are very happy that we kept our promise. Second, shifting to solar power at Bowe will help our district realize energy cost savings. Those savings will allow us as a district to channel less funding into energy bills and more into programs that benefit our students. Lastly, by using ‘green energy,’ we protect our earth and teach our students that energy conservation is a responsibility we all share.”

Ray Angelini, Inc. Project Manager Charles Ross and Joyce indicated that the product will provide opportunities for students to monitor energy usage through informational displays. Glassboro Superintendent Mark J. Silverstein, Ed. D. believes that the project will reap dividends in preparing future students of the new Glassboro High School Science, Technology, Engineering and Mathematics (STEM) Academy. The district’s STEM Academy is expected to debut for the 2013-14 school year.

“Instructional achievement while paramount can only be helped when we can put additional resources into the classroom as we are doing with the solar project. I charge the Thomas E. Bowe students with being the students who enter our upcoming GHS engineering academy so they will design these panels in the future.”

Thomas E. Bowe students, introduced by Principal Kriston Matthews, presented posters to mark the occasion. The colorful posters reflected the education they already received at school in energy conservation (reduce, reuse and recycle).

Attending the ceremony were building and district administrators; Board of Education members Calvo, Linda Emory, Susette Jones and Anthony Marino; Glassboro School District Community Affairs Secretary Jody Rettig; Thomas E. Bowe School students; FVHD architect George R. Duthie; Freeholder Simmons; and representatives from contractor Ray Angelini, Inc. and Marina Energy, a firm that will own/operate the solar array.

Simmons heralded the event, stating, “Glassboro Schools’ solar power purchase agreement project is the perfect example of leveraging private investment for the benefit of public education because every cent we can save in operations is funneled directly into the classroom.  In this case, Ray Angelini, Inc. and Marina Energy have made investments in construction and ownership/management of the ground-mounted array respectively, so there is no capital cost to the taxpayers.  The solar energy generated will reduce energy usage and Co2 emissions, while at the same time cutting energy costs to the Bowe School.”

Calvo took the opportunity to recognize key contributors in the project. “Special thanks to Anthony Marino, Operations Committee Chair; Walt Pudelko, Business Administrator; Drew Sole, Director of Buildings & Grounds; and the Board for supporting this project and seeing it  come to fruition,” said Calvo.

The solar power project will include more than 1,800 panels. Contractors are scheduled to begin installation by next month and complete the project by March 2013.

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