Kimco Realty Corp. and American Capital Energy (ACE) have inaugurated an 800 kW photovoltaic rooftop array at Kimco's North Brunswick Plaza located on Route 1 in North Brunswick, N.J. This completed project marks the first of three solar energy projects with Kimco and ACE.
Kimco, through its wholly owned subsidiary Center Sun LLC, has initiated a renewable energy program to develop, own and operate commercial-grade rooftop solar systems at select Kimco-owned shopping centers. Center Sun generates income through the contractual sale of solar electricity to its retail tenants and selling solar renewable energy credits to third-party compliance and voluntary market buyers.
ACE, a solar-electric power systems integrator, managed all engineering, procurement and installations of the North Brunswick solar rooftop array.
SOURCE: American Capital Energy
