The ceremony will take place 15 October 2013.
The goal of the joint venture is to provide an alternative energy source to the Konica Minolta offices and promote corporate sustainability efforts.
“Project Sunway exemplifies Konica Minolta’s commitment to environmental sustainability and is an exciting step towards achieving the goals laid out in the long term environmental plan, Eco Vision 2050,” says Tom Taiko, Chairman and CEO, Konica Minolta Business Solutions U.S.A., Inc. “Project Sunway will help reduce our overall electricity usage and demonstrate how customers can count on Konica Minolta to be an environmentally-conscious document management solutions provider.”
Nautilus Solar will be the owner and provider of a photovoltaic system comprised of carport canopies supporting approximately 3,498 240 - Watt solar panels. Project Sunway will produce 15-18 percent of the energy needs for the buildings.
Based on standards set by the U.S. Environmental Protection Agency, this project will offset the CO2 emissions from 132 passenger vehicles, or the electricity used by 84 homes per year.
The National Renewable Energy Laboratory has stated that if the U.S. applied solar photovoltaics to just 7 percent of cities and residences on such surfaces as rooftops, parking lots, and along highway walls, it could supply all of the U.S. energy needs.
Despite only seeing sun three in every 8 days, New Jersey ranks #2 in the U.S. for generating solar power, right behind California.
Project Sunway is part of the aforementioned, long-term environmental vision from parent company Konica Minolta, Inc. - Eco Vision 2050. This vision is guided by three main goals for the year 2050: reduce CO2 emissions throughout the product life cycle by 80 percent compared to 2005 levels; promote recycling and effective use of Earth's limited resources; and work to promote restoration and preservation of biodiversity.
Scheduled to attend the ceremony at the Konica Minolta Corporate offices in Ramsey are: Tom Taiko, chairman and CEO, Konica Minolta; Rick Taylor, president and COO, Konica Minolta; James M. Rice, CEO, Nautilus Solar, and Ramsey, N.J. Mayor Chris Botta.
For additional information:
