Baker Electric Commercial Solar Group, a full-service solar company that designs and installs technologically advanced solar and energy storage systems in San Diego, recently completed a solar system for Ferring Research Institute Inc (FRI). The 95.04 kW rooftop system will save the research facility an estimated $27,207 in energy costs over the first year of its installation. FRI is located at 4245 Sorrento Valley Blvd. in San Diego, California.
FRI is the flagship research center for Ferring Pharmaceuticals. Since 1996, FRI scientists have been focused on the development of advanced therapeutic peptides and proteins in key therapeutic areas including reproductive health, urology and gastroenterology. FRI’s vision is to build a portfolio of novel, innovative peptide therapeutics addressing areas of high unmet medical needs across the world.
“At Ferring we are committed to being a socially and environmentally responsible member of the communities in which we operate” said Keith James, president FRI & SVP Research at Ferring. “We are very pleased to have partnered with Baker Electric in the installation of this solar system, which is an important step in minimizing our environmental footprint, and significantly improving the energy efficiency of our facility here in San Diego.”
“The Ferring Research Institute’s solar project is in direct alignment with its commitment to fiscal responsibility and corporate stewardship,” said Baker’s vice president of commercial solar and safety, Scott Williams. “Over the 25-year warranted life of its solar system, Ferring will benefit from more than $565,000 in energy cost savings. We’re gratified that these funds will be re-invested to further support the institute’s important pharmaceutical research.”
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.
News item from Baker Electric Solar