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Princeton multifamily completes rooftop solar system

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Avalon Princeton
Avalon Princeton - ()

AvalonBay multifamily real estate investment trust announced Monday that Avalon Princeton in Princeton is the first community in its New Jersey portfolio to complete a rooftop photovoltaic installation and to achieve LEED for Homes Gold certification.

 The 588 individual solar panels installed atop the 280-unit multifamily rental property are expected to generate over 227,000 kilowatt hours of electricity per year.

The electricity will be sold to other users in New Jersey. 

The solar-powered system is expected to save 169 metric tons of carbon dioxide per year, an amount equivalent to the annual CO2 emissions from 37 automobiles.

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Elana Knopp

Elana Knopp

Elana Knopp covers all things real estate for NJBIZ. You can contact her at eknopp@njbiz.com.

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