Commercial, Solar, Sourcing Renewables - July 13, 2021
Krasdale Foods to Initiate Largest Solar Project in the Bronx
Grocery distribution, merchandising, and marketing company Krasdale Foods announced on July 13 that it will spearhead the largest solar rooftop project in the Bronx, adding a 2.7-megawatt system atop its Hunts Point warehouse.
Working with PowerFlex, a national provider of renewable energy infrastructure, Krasdale will install more than 6,500 panels at its warehouse, and the system will generate clean energy equivalent to offsetting 5.3 million pounds of carbon dioxide or removing 524 automobiles from the road annually.
Designated a community solar project, the initiative will allow residents in the same utility area to share in the clean energy produced by the system. Roughly 300 residents are expected to qualify for this no-cost option, which will reduce their electric bills by 10%.
"After nearly a half century in Hunts Point, we're thrilled to be able to support our community by creating a greener New York," Krasdale President Gus Lebiak said in a statement. "Our focus has always been on giving back to the communities we serve, and this project represents our continuing commitment to the Bronx. We want to thank the City of New York and PowerFlex for partnering with us on this initiative."
As part of the company's agreement with the New York City Economic Development Corporation—the lease administrator on behalf of the City—Krasdale will have the opportunity to extend its current lease through 2041.
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