Solar Energy News for Wednesday, March 31

Posted by Daniel Kulpinski

Mar 31, 2010 6:32:00 AM

Kaiser Permanente to Install Solar Panels at 15 Sites in California

Health care giant Kaiser Permanente announced March 30 that it has made a deal with Recurrent Energy to put solar panels on buildings at 15 Kaiser sites across California. All told, the panels will generate 15 megawatts of power—or what approximately 11,000 homes use in any given instant. Each site will receive about 10 percent of its power from the rooftop panels. Recurrent will install the solar panels and Kaiser will spend $95.6 million over 20 years for power from the panels. That amount is about the same, or a little less, than buying electricity from the grid at today’s prices. According to the San Francisco Chronicle, Kaiser wants to use on-site, sustainable energy for 25 percent of its electricity needs by the year 2020.

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