SCOTTSDALE, Ariz., Aug. 24, 2012 /PRNewswire-iReach/ -- SunRenu Solar, a turn-key renewable energy developer and installer, announced today the completion of the second solar technology integrated on Bethany Biltmore Apartments located at 1350 E. Bethany Home Rd. in Phoenix, Arizona. This installation creates a platform for design and engineering in the commercial real estate industry. SunRenu first installed solar hot water technology. These solar collectors, combined with the 1,200 gallon storage tank holds the preheated water and supplies the existing hot water heaters with water temperature above the 125 degree F which results in a significant reduction in energy consumption. By utilizing the sun to heat hot water for apartment tenants, Bethany Biltmore is seeing natural gas savings greater than 60% for domestic hot water expenses.
SunRenu is also implementing the second solar technology of a 25kW photovoltaic roof mounted system. This part of the system will offset the majority of the common area electricity needs like pool pumps, laundry rooms, and common area lighting. Photovoltaic and solar thermal technologies form a complete model of sustainability in commercial real estate as well as increase tenant desirability.
Bethany Biltmore Apartments owned by Gail Russell, Managing Partner of Zeliga Management and owner of several apartment properties in Arizona and California. SunRenu Solar, awarded as EPC partner, formulated in the creative design aspects to create a sustainable and environmentally friendly atmosphere for renters. The 112 module photovoltaic system combined with the 16 collector solar hot water system reduces property carbon footprint by 82.3 metric tons of CO2‚ offset per year and 2,059 metric tons lifetime. This is the equivalent to taking 14 cars off the road each year.
"We are very excited about our partnership with Zeliga Management and we value the opportunity to deliver both solar technologies on one property," said Barry Coe, Managing Partner of SunRenu Solar. "It is exciting when core values and strategic business decisions line up accordingly to help develop a prosperous relationship between Owner/Developer that includes sustainability and savings long term for all parties involved."
The solar photovoltaic system is scheduled to be commissioned by the end of June, 2012 and is projected to provide 41,805 kWh's of first year electricity production. The solar hot water system is slated to offset more than 4,000 therms per year.
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