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Brokerage
Posted: March 22, 2012
Regency Centers installs solar panels at Shops at Saugus
Regency Centers has installed the company's first solar energy system at the Shops at Saugus. The 18,740 s/f photovoltaic array, built with 1,064 rooftop panels, will generate an estimated 250 KW of renewable energy annually. The zero-emission power source will supply nearly 65% of the power needed by the center's grocer Trader Joe's.
The Shops at Saugus, a 97,904 s/f neighborhood center in the Boston area, was selected for Regency's initial solar panel installation based on federal and state incentives, including Massachusetts' Solar Renewable Energy Credit program.
Tim Lukes with Edison Energy served as a consultant to assist Regency with the installation of the solar panels.
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