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GE Breaks Ground on New York Solar Installation for President Container

GE

GE’s (NYSE:GE) renewable energy business today announced it will supply President Container Group (PCG), a manufacturer of corrugated shipping containers and point-of-purchase displays, with a new 2 MW ground-mounted solar installation outside its factory in Middletown, NY. The GE solar solution is expected to provide approximately 25 percent of PCG’s future energy needs.

The facility will become the first industrial scale solar project in Orange County and is fully qualified under NYSERDA’s NY-Sun Incentive Program, which helps reduce the costs of installing solar electric systems across New York State.

“Our company is growing, and our electricity costs were rising by about five percent a year as we expanded,” explains Larry Grossbard, general manager of President Container Group, Inc. “Working with GE, we saw an opportunity to take control of our energy future in a way that was both economic and sustainable. The GE team worked with us through every part of the process, from the incentive applications and zoning approvals, to the equipment and site engineering, all the way to today’s installation. We’re excited to become a leader in the solar space.”

As part of the agreement, GE is providing PCG a solar solution consisting of equipment, site engineering, construction and installation, commissioning, spare parts, and operations and maintenance support for seven years. The GE team also supported President Container Group during its application process with NYSERDA, through local zoning and permitting approvals with the town of Wallkill, NY, and throughout the utility interconnection and groundwater studies.

“This deal marks the first example where GE is offering a fully integrated approach in the solar space,” said Erik Schiemann, general manager of GE’s solar product line. “By acting as both a developer and equipment solution provider, we’re making it easier for commercial and industrial companies like President Container to invest in solar power.”

A groundbreaking ceremony was held at the factory today to mark the beginning of the installation process. Commercial operation is expected to begin in the fall of 2015.

About President Container Group

Founded by Marvin and George Grossbard in 1947, President Container Group is one of the largest corrugated box plants in North America. Its state of the art facility has some of the most up-to-date machinery in the industry, and with it President Container produces over 2 billion square feet of corrugated products each year.

About GE

GE (NYSE:GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com.

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

Follow GE Power & Water and GE’s renewables business on Twitter @GE_PowerWater and @GErenewables.

GE Power & Water
Nikolas Noel, +1 518-385-6090
nikolas.noel@ge.com
or
Shaun Wiggins, +1 518-385-5992
shaun.wiggins@ge.com
or
Focus Media, Representing President Container Group
Josh Sommers, +1 845-294-3342 ext: 303
josh@focusmediausa.com



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