Verde Solutions celebrated another Solarbration at 2657 N. Clybourn Avenue in Chicago. The rooftop solar panel system is estimated to produce 887,784 kWh over its 30 year lifespan. This is equivalent to 70,627 gallons of gasoline and 214 tons of waste recycled instead of landfilled. Also installed was a commercial solar plus battery storage system. Check out the latest video detailing the project and how it support’s Chicago initiative to move buildings towards 100% renewable energy usage.
KOMAREK Inc, an industry leader in designing and manufacturing briquetting, compaction, and granulation machines, partnered with Verde Solutions on its new manufacturing facility in Wood Dale, IL. This photovoltaic system is estimated to save $1.6 million in energy costs over its lifespan, have a 2.9-year payback period, and a 21.8% internal rate of return. CEO & President Jan Pflugfelder discusses the process he went through to get it installed, challenges he was faced with, and how KOMAREK as an organization is doing something to help the environment!
With the United States receiving significant federal support for solar and storage in the Inflation Reduction Act, excitement for the technologies is growing at a record pace. Solar developers, installers, and contractors are capitalizing on the moment by building more substantial projects across the country.
Verde Solutions was recognized for its increased effort to expand the U.S. market by taking a top spot on the 2023 Top Solar Contractors List, released by Solar Power
World: https://www.solarpowerworldonline.com/2023-top-solar-contractors/
The Top Solar Contractors List is developed each year by the industry magazine Solar Power World to honor the work of solar installers in the United States. Solar firms in the utility, commercial, and residential markets are ranked by the number of kilowatts they installed in the previous year. Companies are grouped and listed by specific services, markets, and states.
The IL ABP REC prices are incredibly lucrative for the 2022-2023 delivery year because they are priced prior to the Federal Inflation Reduction Act, with the expectation that the 26% Tax Credit would decrease to 22% in 2023. As a result, the 2022-2023 delivery year is an exceptionally opportunistic window to apply for Illinois SREC incentives prior to the expected step-down pending in May 2023.
As part of the development of the withdrawn draft Second Revised Plan, the Agency undertook the exercise of updating the REC Pricing Model. Changes from that update, along with modifications approved by the Commission in Docket No. 22-0231, are now included in this 2022 Long-Term Plan.
Click here for more information on key changes and our recommendation.
Verde Solutions partnered with K.R. KOMAREK Inc. to install a solar energy system on its new manufacturing facility in Wood Dale, IL. Verde designed the solar system to take advantage of numerous solar incentives, dramatically reducing the net investment and boosting the IRR. The project included the installation of 850 bifacial PV modules. Check out the latest video snapshot for a summary of the exciting project.
Verde Solutions, LLC, a full-service renewable energy developer headquartered in Chicago, is partnering with the K.R. KOMAREK Inc. to install a solar energy system on its new manufacturing facility in Wood Dale, IL. This photovoltaic system is estimated to save $1.6 million in energy costs over its lifespan, have a 2.9-year payback period, and a 21.8% internal rate of return (IRR). Read more here!
Verde Solutions, LLC, a full-service renewable energy development firm based in Chicago, is thrilled to announce a partnership with the Village of Minooka, IL, for a solar array at the Minooka Wastewater Treatment Plant. Read more here!
The National Grid study “Managing Energy Costs in Office Buildings” reveals that lighting on its own within the common American office building represents as much as 47% of its energy consumption.* Verde Solutions’ LED office building retrofit reduced the energy consumption associated with lighting by 55%!
