Campbell Soup Co., in partnership with BNB Renewable Energy Holdings, Sunpower Corp. and ORIX USA Corp., broke ground Wednesday on a 4.4 megawatt solar power project at the company’s world headquarters in Camden.
The solar array is scheduled to come online in fall 2017. It will provide energy to Campbell through a 20-year power purchase agreement and general more than 5 million kilowatt hours of electricity per year, Campbell said. When it’s completed, it will be the largest solar array in Camden.
The project, which was developed by BNB, will feature Sunpower’s rooftop, carport and ground solar solutions. It will also feature five electric car charging stations. This is BNB’s third solar project it has developed for Campbell.
“We’re excited to partner once again with BNB and SunPower to add a third solar array to Campbell’s U.S. footprint,” Jim Prunesti, vice president, global engineering, Campbell, said. “This project contributes clean energy to the local grid and demonstrates to our community the viability of renewable energy sources, all while supporting Campbell’s sustainability strategy to deliver long-term value to our business and neighborhoods.”
BNB and ORIX USA, a financial company, will jointly own the project. The term debt is being financed through PSE&G’s Solar Loan Program.
“Bringing a cost-saving solar system to Campbell’s world headquarters marks a great moment, and we see a bright future for other Fortune 500 companies who follow Campbell’s lead and turn to renewable energy to stabilize energy costs and reap rewards from the sun,” Matthew Baird, managing partner of BNB, said. “We are most proud of our collaborative work with Campbell, SunPower, ORIX, and PSE&G to make this project a reality.”
“It’s an honor that Campbell and BNB have chosen SunPower once again as a solar partner for this project,” Nam Nguyen, SunPower executive vice president, said. “We look forward to delivering the highest quality experience through our innovative solutions.”