SolarCity, a clean energy products and services company, has been selected by Campus Crest Communities Inc. to install over 9,000 solar panels on its student housing communities located in three states of US.
The 9,000 solar panels are expected to generate 2.3 million kWh of clean, renewable energy every year and dispalce almost 50% of the electric consumption by the student housing communities.
Campus Crest Co-founder and Chief Executive Officer Ted W. Rollins and vice president and head Andrew H. Young in a joint statement said, "Shifting consumption towards clean energy will further the company’s mission to be a leader in regenerative practices by using renewable sources to limit carbon emissions and reduce overall energy costs, which in turn allows us to provide our residents with cleaner, more energy efficient housing."
SolarCity chief revenue officer Toby Corey said Campus Crest is showing future generations there are better energy options available by giving students access to renewable power.
"It’s possible for many housing developers to pay less for solar electricity than they pay for utility power and pass on the benefits of clean power to their tenants–SolarCity has completed more than 100 solar projects for housing developments in the U.S," Corey added.
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By GlobalDataThe solar panels will be installed in the city of Greeley, Colorado; Flagstaff, Arizona; and Las Cruces in the state of New Mexico.
Campus Crest Communities is a developer, builder, owner and manager of purpose-built student housing properties located close to campuses in targeted US markets.
