Kimco Realty Corp. says it has installed photovoltaic (PV) solar energy arrays at its retail properties in Bridgewater and Edgewater, N.J., bringing the company's portfolio of solar-powered centers in the state to six.
According to Kimco, the two PV systems will generate an estimated 1.3 GWh of power annually and are estimated to meet 60% to 80% of the annual energy needs of several retailers in the centers.
The projects are located at Bridgewater Promenade – a 242,000 square-foot shopping center located at the intersection of Route 28 and Interstate 287 – and Edgewater Commons – a 423,000-square-foot shopping complex at New River Road in Edgewater.
