by Shane Henson — February 24, 2012—SolarMax Technology, Inc., a company that specializes in the design, manufacturing, financing and delivery of affordable, high-performance solar electric systems, recently completed a 756 kW photovoltaic solar carport system at the Wyndham Mt. Laurel Hotel in New Jersey.
Through SolarMax Technology’s system, the hotel can reportedly expect significant energy savings. According to David Hsu, president of SolarMax Technology, the carport solar system could help offset the hotel’s energy bills by 67 percent.
The system is comprised of 12 carports with 3,150 solar panels that harvest the sun and create clean power at the point of use. According to the company, the system is expected to produce 850,945 kWh a year and eliminate 1.6 million pounds of carbon dioxide. The projected reduction in CO2 emissions would be equivalent to planting 168 acres of trees a year.
The Wyndham Hotel agreed to purchase and receive all of the electricity generated by the solar panels at a fixed rate from SolarMax Technology under a 15-year power purchase agreement.
SolarMax is building solar carports all over New Jersey, including a 148 kW structure at Wayne Jewish Center; a 2 mW system at Sahara Sam Oasis; a 2.7 mW installation at Robert Johnson Hospital, and a 1.5 mW South Jersey Transportation Authority build.