CORO Real Estate Advisors Partners with First Century Energy to Develop Gwinnett County’s Largest Commercial Solar Project
Atlanta, GA, February 15, 2012 – First Century Energy announces the completed installation of the largest solar array in Gwinnett County’s thriving commercial real estate market.
This 175kW grid-tied, rooftop array was installed on a newly renovated, freestanding office/showroom building managed by CORO Realty Advisors, LLC in Norcross, GA. CORO is selling the solar power to Georgia Power pursuant to the utility’s SP-1 Solar tariff, creating additional operating income for the property. The project is one of the largest solar projects in Georgia, and demonstrates CORO’s leadership in sustainable development and property management.
“This an exciting solar project for Gwinnett County and Georgia’s real estate community,” said George Mori, Executive Vice President at First Century Energy, “For leading real estate firms like CORO, rooftop solar systems present a strong opportunity for generating additional income and property value.”
The project will generate more than 5.4 million kilowatt hours over its 25-year life, equal to powering 20 homes per year, saving 3 million gallons of water or replacing 1200 acres of trees.
The project features Suniva® ART 245-60 solar modules, two Solectria PVI 82 kW Commercial Inverters, Panel Claw Grizzly Bear® FR Gen II Solar Mounting Solution, and DECK solar monitoring system.
“The CORO solar array is a great representation of Suniva’s commitment to providing a more sustainable future for Georgia by generating clean renewable energy that can be sold directly into the grid. I’m delighted that Suniva’s homegrown technology is being used to power Gwinnett County’s largest commercial solar array,” said Bryan Ashley, chief marketing officer for Suniva.
About CORO Realty Advisors:
Coro Realty Advisors, LLC was founded in 1997 and is synonymous in Atlanta and throughout the Southeast with intelligent real estate development and investment. With a commitment to smart growth, the urban landscape, innovation, incorporating distinctive architectural designs and the latest in building trends and technology, Coro continues to demonstrate its leadership in the market with the successful execution of quality developments. The firm provides Asset Management, Property Management and Real Estate Advisory Services for a myriad of residential and commercial properties throughout the Southeastern United States.
About First Century Energy:
First Century Energy (FCE) is a leading developer and integrator of solar PV and solar hot water projects for commercial, industrial and government clients. FCE is based in Atlanta and operates through its wholly-owned subsidiaries SolAmerica Energy, LLC and First Century Energy Services, LLC.
For more information and photographs or to schedule an interview with George Mori, please call 404-351-8175 or email gmori@firstcenturyenergy.com.