Research Lab Goes Solar, Sees Cost Savings

Construction companies are more often tasked with determining what types of materials and systems to use on particular projects. Solar, as one example, has generated a lot of interest as an option to improve energy efficiency, but does it deliver?

One recent example comes from Ferring Research Institute, which is a research center for Ferring Pharmaceuticals. The organization recently decided to implement a 95.04 kW solar system that will save the research facility an estimated $27,207 in energy costs during the first year of its installation.

The Ferring Research Institute’s solar project is in direct alignment with its commitment to fiscal responsibility and corporate stewardship. During the 25-year warranted life of its solar system, Ferring will benefit from more than $565,000 in energy cost savings.

According to the EPA Greenhouse Gas Equivalencies Calculator, Ferring Research Institute’s new solar system will save the equivalent of annual greenhouse gas emissions from 213,564 miles driven by an average passenger vehicle. It will offset CO2 emissions from 10,027 gallons of gasoline consumed or 95,088 pounds of coal burned.

This is just one example of a project that is sustainable. As the push for sustainability continues, projects such as these highlight the future of construction and pave the way for more innovation.

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