Energy usage at Fremont, California, site is net-zero with installation of new solar panels and power purchase agreement
FREMONT, CA, June 12, 2023 – BASF Environmental Catalyst and Metal Solutions (ECMS) today announced energy usage at its site in Fremont, California, is net-zero with the installation of 428 rooftop solar panels. In addition, the site, which manufactures ready-to-use products for end users such as thermocouples and optical pyrometers, will gain a 30 percent savings on energy costs. The new solar panels will produce 230,000 kilowatts annually, which offsets 100 percent of what the site is currently using.
“Sustainability is a top priority for our company and this investment in net zero emissions at our Fremont site demonstrates this commitment,” said Jim Peterson, Temperature Sensing General Manager at ECMS. “This project also shows that it is possible to make significant modifications in energy use that protect the climate and improve the bottom line.”
The installation of solar panels was made possible by signing a long-term solar Power Purchase Agreement (PPA) with Trinary Capital, which developed and funded the project through its subsidiary, Trinary Energy. The PPA will provide the Fremont location with renewable, low-cost power for decades to come.
“We are extremely happy to help such an established and innovative company like BASF to not only lower the cost of their electricity for decades, but also to help them to achieve long-term sustainability goals,” said Jeremy Horton, CEO of Trinary Capital. “We look forward to working with them on future locations in the U.S."
Solar panels have already been installed at BASF’s North America headquarters in Florham Park, New Jersey, although this is the first BASF site in California that has fully installed solar panels onsite.
“For BASF overall, this is part of our ongoing journey to meet our sustainability goals,” said David Mazzia, Manager of Energy Management at BASF. “All of our sites – large and small – can help move our sustainability goals onward.”
The project was also made possible by The Solar Power Couple, which helped to facilitate the collaboration between BASF, Trinary and The Solar Power Couple. The company put the specifications together to match the site’s needs and installed the solar panels at the site.
“We’re very passionate about helping the environment,” said Solar Power Couple Founder and CEO Jimmy Le. “We want to help small business owners and large corporations to maximize tax incentives and help keep their businesses efficient in terms of cash flow and offering solutions for them to be more sustainable.”
06 12 23 BASF Fremont solar panels and power purchase agreement
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