Campbell breaks ground on 4.4MW Solar Power Project at headquarters
Campbell Soup Company in partnership with BNB Renewable Energy (BNB), SunPower Corp., and ORIX USA Corp., broke ground today on a 4.4-MW solar power project at the company’s World Headquarters in Camden, N.J. The system will provide energy to Campbell through a 20-year PPA and generate more than 5 million kilowatt hours of electricity per year. It is scheduled to come online in fall 2017.
2.7MW will be installed on the rooftops of Campbell’s 38-acre World Headquarters campus existing structures and on new solar canopies that will be erected in the parking lots. An additional 1.7MW will be installed on an adjacent 4.5-acre remediated brownfield that BNB purchased specifically for the project, making use of otherwise unusable land and increasing the capacity of the system.
The project, developed by BNB, will feature SunPower’s innovative rooftop, carport and ground-mount solar solutions, which are designed to optimize power production for commercial customers like Campbell.
Campbell’s Global Engineering VP Jim Prunesti said that they are excited to partner once again with BNB and SunPower to add a third solar array to Campbell’s U.S. footprint. This project contributes clean energy to the local grid and demonstrates to their community the viability of renewable energy sources, all while supporting Campbell’s sustainability strategy to deliver long-term value to their business and neighborhoods.
BNB and ORIX USA, a diversified financial company with a strong commitment to renewables, will jointly own the project. The term debt is being financed through PSE&G’s Solar Loan Program. The project will also feature five electric vehicle-charging stations, provided by PSE&G via its EV Workplace Charging Program, for use by Campbell employees.
BNB’s managing partner, Matthew Baird said that bringing a cost-saving solar system to Campbell’s World Headquarters marks a great moment, and they see a bright future for other Fortune 500 companies who follow Campbell’s lead and turn to renewable energy to stabilize energy costs and reap rewards from the sun. They are most proud of their collaborative work with Campbell, SunPower, ORIX, and PSE&G to make this project a reality.
SunPower executive VP, Nam Nguyen said that It’s an honor that Campbell and BNB have chosen SunPower once again as a solar partner for this project. They look forward to delivering the highest quality experience through their innovative solutions.