Reading, PA (October 11, 2011) Tangent Energy Solutions today announced the completion of a 240 kilowatt (kW) rooftop solar array at Yuasa Battery, Inc.’s manufacturing facility in Laureldale, PA.
The system generates 299,438 kilowatt hours (kWh) of power, and over the 20 year term of the agreement Tangent estimates it will save Yuasa more than $300k in energy costs. Environmentally, the system eliminates 455,209 lbs of CO2 emissions – about the same as removing 40 cars per year from the roads.
Yuasa Battery, Inc. is a wholly owned subsidiary of its ultimate parent GS Yuasa, and Yuasa Brand motorcycle batteries have been manufactured to uncompromising standards in the United States since 1979. GS Yuasa Corporation and its affiliates are committed to managing the environmental impact of products throughout their lifecycle on a global basis. This solar installation is another example of Yuasa Battery, Inc’s commitment to environmental responsibility that will reduce the carbon footprint of the energy used in producing its Powersports batteries.
Tangent saves commercial and industrial companies 20% on energy costs, by combining technology and clean on-site generation assets to balance supply and demand in response to grid pricing conditions and facility energy needs. Generation assets are provided at no capital cost, and the energy produced is sold to customers at a discount to retail rates through a long-term Power Purchase Agreement.
We’re very excited to be working with Yuasa, to supply their manufacturing facility with a clean generation source, and the latest energy efficiency technologies,” said Dean Musser, President and CEO of Tangent Energy. “As conditions on the energy grid become more complex, it’s important to have forward-thinking companies like Yuasa. They serve as a model for others on how to become active participants in the energy market.”
The project was financed in part by a grant from the Commonwealth of Pennsylvania, Commonwealth Financing Authority.
About Tangent Energy Solutions
Tangent Energy Solutions reverses the traditional utility driven approach to developing the smart grid by partnering with commercial and industrial customers to optimize the “grid behind the meter.” By providing clean energy assets and technologies at no capital cost, Tangent saves C&I energy customers 10 percent to 20 percent while increasing the amount of renewable content in their supply. Tangent actively manages on-site, assets to decrease a customer’s reliance on grid sourced energy, especially during peak demand periods. As a result both the end-customer and the utilities benefit. Tangent is a venture-backed company founded in 2009 by a management team that has been providing commercially successful energy innovations to mainstream C&I customers for 30 years.
About Yuasa Battery, Inc.
Yuasa Battery, Inc. is the largest American manufacturer and the largest distributor of batteries for motorcycles, snowmobiles, scooters, all-terrain vehicles, and personal watercraft. Most of the large capacity Powersport batteries are manufactured in the Laureldale, PA plant. All other Powersport batteries are produced in a Yuasa state-of-the-art manufacturing facility in various countries throughout the world. Each Yuasa facility follows the same rigorous manufacturing processes to insure the highest Yuasa quality standards are met. Additionally, Yuasa distributes the Yuasa brand (original and true) NP Series batteries, a sought after power source for security and alarm systems, UPS Systems, emergency lighting, CCTV’s and electronic applications.