May, 6, 2012 – KDC Solar LLC, headquartered in Bedminster, New Jersey, through its wholly owned subsidiary, KDC Solar Nugen WR, a joint venture with Nugen Capital Management LLC, has begun commercial operation of the second largest PV roof-mounted solar system in New Jersey at the White Rose Inc. warehouse in Carteret. The new system will allow White Rose to significantly reduce its carbon footprint through the production of clean electricity.
A ribbon cutting ceremony marking the occasion was held at the site on January 25th. Among the dignitaries in attendance were Assemblyman Joseph D. Eagan, 17th Assembly District and Member of Telecommunications and Utility Committee ; Assistant Department of Environmental Protection Commissioner Michele Siekerka; Carteret Mayor David Reiman and representatives from Assemblyman John Wisnewski’s office.
The 4.88-megawatt solar system will generate approximately 6,201,700 KWh of solar electricity per year and is designed to supply 100 percent of the electric power needs for the White Rose grocery warehouse site, which is owned by KTR Capital Partners. The installation was done by Solar Power Inc. a global leader in producing world-class solar energy facilities. SPI procured over 22,000 high quality panels manufactured by LDK Solar.