William W. Fetterley, Half Moon's chief operating officer and an American Institute of Architects associate with a number of major power-generation projects under his belt, notes that the solar and wind company is scouting this region for more opportunities where either model is feasible.
"We believe there are a number of commercial properties in this region that are good candidates for solar power – whether it's roof-mounted like at i.Park or ground-mounted where there's enough land for that. Especially in regions like the Northeast, where electricity is expensive, solar is a solid proposition for all concerned," Fetterley said.
Half Moon expects to have the system at i.
fully operational by mid-December. When complete, it will generate more than 1.2 million kilowatt hours of electricity a year – enough to power over 120 homes for a year – while removing the equivalent of the annual harmful greenhouse emissions of over 160 cars from the environment. Because of the climate and meteorological considerations, the panels, which have a life expectancy of 20 years, will generate the most energy in the summer, when energy is most expensive, and least in the winter, when electricity is at its cheapest.
ABOUT HALF MOON VENTURES
Half Moon Ventures, LLC
HMV) is a full service energy provider. The HMV team has contributed to more than 2,000 megawatts of wind and solar energy projects around the world. From development through operations, HMV designs, builds and operates custom energy systems to meet the needs of large commercial property owners, educational institutions, corporations and other organizations. HMV's services include project development (resource evaluation, feasibility studies, permitting, environmental engineering and design, financial forecasting) and construction and operations activities (project finance, incentive procurement, installation, construction, monitoring, facilities operation and maintenance services).
ABOUT NATIONAL RESOURCES:
National Resources (NRE) is a specialist real estate development and investment firm that focuses on the redevelopment of corporate and industrial sites. NRE has been built on a solid foundation of acquisitions, leasing and redevelopment with the unique value added dimension of sustainability. NRE has redeveloped over
of projects with some of the world's largest capital partners. Most significantly, NRE has been able to achieve these objectives while producing strong financial returns for investors. NRE is best known for its landmark
residences and its innovative iParks.
Great Ink Communications
, Roxanne Donovan
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SOURCE Half Moon Ventures, LLC